th01
Read More

Thailand: Tourism goal raises eyebrows

The Tourism and Sports Ministry is aiming high for 100 million domestic trips within this year, while the private sector plays down this target, saying it will be difficult to meet. “This new domestic target is reachable because local travel is likely to resume first, particularly for government meetings and incentives, which the cabinet has […]

Read More
logo
Read More

Thailand: 17 new digital channels sequenced for education

The National Broadcasting and Telecommunications Commission’s (NBTC) board approved on Wednesday the sequencing of 17 new digital TV channels for education run by the Education Ministry, comprising channels No.37-53. These channels are projected to begin broadcasting on a temporary basis from July 1. Airing will end in six months. They are to serve as alternatives […]

Read More
th02
Read More

Thailand: State urged to compensate mall tenants

The government is being urged to compensate tenants of shopping complexes whose businesses were hit by the coronavirus outbreak at 10,000 baht a month for three months to boost their liquidity. Kriengsak Tantiphipop, chief executive of Emporium Group Co and executive committee member of The Mall Group, said almost all tenants are reeling from tight […]

Read More
logo
Read More

Thailand – NCB: Lenders’ NPL ratio rises to 8.1%

The National Credit Bureau’s 104 members saw an upsurge in non-performing loan (NPL) ratio to 8.1% at the end of March from 6.8% a year earlier as headwinds such as the coronavirus outbreak took hold, says the NCB. Bad loans for mortgages, auto and personal loans and credit cards in the bureau’s database amounted to […]

Read More
logo
Read More

Thailand: Corporate tax deadline moves

The Revenue Department has extended the deadline to file corporate tax returns by 1-2 months, depending on the type of tax. The extension covers eight tax types whose online filing deadlines fall during the March-August period. The purpose is to ease operators’ burden during the coronavirus crisis, said Finance Minister Uttama Savanayana. The eight forms […]

Read More