Achieving tax revenue collection targets is not a priority for the Revenue Department amid the stuttering economy, says the department’s chief. The current situation is not the right time for the Revenue Department to chase tax payments, said director-general Ekniti Nitithanprapas, adding that fiscal policy must be adjusted in line with the economic circumstances. The […]
Read MoreGlobal demand for protective gloves is soaring in light of the coronavirus pandemic, driving Thailand’s rubber glove exports to surge 16% year-on-year in the first four months of 2020. Auramon Supthaweethum, director-general of the Trade Negotiations Department under the Commerce Ministry, said the outbreak has resulted in rising rubber glove demand because the products are […]
Read MoreThe manufacturing production index (MPI) declined for a 12th straight month in April, down 17.21% from a year earlier, hit by lower production of cars, petroleum and beer amid the coronavirus outbreak, the industry ministry said on Wednesday. That compares with a forecast for a drop of 19.55% in a Reuters poll, and against March’s […]
Read MoreCOVID-19 has disrupted everything with whiplash effect. The science is unsettled, there’s no single approach by governments, and news coverage is schizophrenic. Let’s examine what is expected for society, community, family and personally. Working Definitions A prediction offers a statement of what will happen in the future based on an inference of events or knowledge. […]
Read MoreThe Central Bankruptcy Court has accepted the Thai Airways International (THAI) case and set the first hearing for August. The court said on Wednesday the first hearing would start at 9am on Aug 17. It ordered its acceptance of the case be announced in at least one daily newspaper at least twice, no more than […]
Read MoreSET-listed Thitikorn (TK) is set to finalise the acquisition of a microfinance business in Myanmar next quarter, a move expected to lend support to the company’s goal of having 30% of its loan portfolio come from neighbouring countries by year-end 2020. TK, a leading motorcycle hire-purchase provider in Thailand, is in the process of acquiring […]
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