The new land appraisal prices, used as a base for the land and building tax collection, may not expand by the previously assessed rate of 8% because of the impact of Covid-19, says the Treasury Department. The new land appraisal prices were set to be used between 2020 and 2023, but have not been implemented […]
Read MoreUnder current circumstances, cargo trucks trading between Myanmar and Thailand have been allowed to exchange their goods only in the BCF Zone Cargo Terminal compound of No.2 Friendship Bridge aso of October 11, said the commissioner of Myawady District. “Currently, bilateral trade is allowed only at the BCF Zone. We have some difficulties. The cargo […]
Read MoreBangkok Bank (BBL) expects tier-one capital will return to a normal ratio of 18% this year after issuing adequate tier-one capital (AT1) last month. The capital buffer should be sufficient to cope with the prospects of higher non-performing loans (NPLs) and economic uncertainties for the next three years, said executive chairman Deja Tulananda. The banking […]
Read MoreThe Bank of Thailand plans to further ease overseas investment rules by early next year, allowing more capital outflow, to temper gains in the export-reliant baht currency. The BoT will increase the limit on foreign currency deposits and allow money transfers between foreign currency deposits held by individuals and companies, deputy governor Mathee Supapongse told […]
Read MoreThe cabinet on Monday approved a tax rebate scheme allowing people to deduct up to 30,000 baht spent on certain goods and services in an effort to stimulate the economy. Government spokesman Anucha Burapachaisri said the “shop dee mee khuen” project would run from Oct 23 to Dec 31 and would inject about 110 billion […]
Read MoreThe Ministry of Foreign Affairs has hinted that a group of Chinese tourists might travel on the same special flight arranged to repatriate Thai people to Thailand on Oct 26. The Tourism Authority of Thailand sent a list of the first group of STV (special tourist visa) Chinese tourists to the Thai consulate in Guangzhou […]
Read More
Thailand
