The Thai-German Institute (TGI) recognises that for Thai industry to realise its potential depends on high technology, especially the use of automation and robotic systems for research and development, and transfers of technological know-how to Thai workers in production industries across the board. Mr. Varin Rodphothong, Vice President of Manufacturing Automation and Robot Center, The […]
Read MoreThai tourists are being advised to avoid Indonesia’s Bali after the eruption of Mount Agung raised the volcano alert to its highest level and forced the island’s international airport to close. Tourists who have already planned travel to Bali should postpone their trips because of safety reasons and wait until the volcanic eruption has stopped […]
Read MoreWillis Towers Watson, a global advisory firm, has forecast salaries in Thailand to rise by 5-6% annually in the short term, saying the country’s economy and inflation are stable. However, there are no major positive factors to support sharp pay increases at the moment. The survey projects overall salaries in Thailand to increase by 5.5% […]
Read MoreAs the US and Europe grow increasingly outraged over the Rohingya refugee crisis in Myanmar, Asian businesses are continuing to invest. Bangkok-based construction company TTCL Pcl is one of the latest examples, targeting the first half of next year to complete a funding plan and shareholder structure for a planned $3 billion (98 billion baht) […]
Read MoreInternational cooperation is pivotal to collecting e-commerce taxes levied on foreign companies who earn revenue from digital service transactions in Thailand, says a senior official at the Finance Ministry. Levying online transactions requires an international agreement on which trading processes should be taxed, said Lavaron Saengsanit, the inspector-general who oversees the ministry’s tax reforms. Even […]
Read MoreThe Revenue Department is gearing up to amend a tax law to include e-commerce, aiming to create fair competition among foreigners and local e-business operators, as well as save billions of baht in forgone tax revenue. The second public hearing is expected to be held in January. Foreign digital service operators and over-the-top (OTT) operators […]
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