th03
Read More

Bank of Thailand allows banks to pay interim dividends

The Bank of Thailand has allowed banks to pay interim dividends as lenders are strong with sufficient capital to withstand the impact of Covid-19 outbreaks, Governor Sethaput Suthiwartnarueput said on Thursday. Banks are allowed to pay interim dividends not exceeding last year’s dividend payment rates and up to 50% of first-half net profits of 2021, […]

Read More
th02
Read More

Thailand: Jab success supports 5% Q4 growth tally

The third wave of the pandemic is projected to end in July, which could support Thai economic growth of 5% in the final quarter this year if the government can maintain a vaccination rate of 400,000 doses per day, says Kasikorn Research Center (K-Research). The government plans to vaccinate around 400,000 people daily under its […]

Read More
th01
Read More

Thailand: Tie-up to help SMEs process e-payments

Visa is partnering with Ksher, a local e-payments startup, to make it easier for small and medium-sized enterprises and individuals to accept Visa payments. Through this partnership, Ksher aims to enable over 10,000 online merchants to digitise and simplify their payments process by the end of this year. “Today’s consumers are changing. They expect frictionless […]

Read More
logo
Read More

Thailand: Ministry mulls tax on overseas online operators

The Finance Ministry is studying ways to slap corporate income tax on the overseas multinational online companies offering services in Thailand, said the Fiscal Policy Office’s director-general Kulaya Tantitemit. Her remark follows the G7 finance ministers agreement at a meeting in London recently to back a global minimum corporate tax rate of 15% to squeeze […]

Read More