The Finance Ministry plans to raise the excise tax rate on zero-alcohol beer, saying it would discourage people from start drinking. Finance Minister Uttama Savanayana said on Wednesday that the Excise Department of the ministry would soon complete a study on raising tax on zero-alcohol beer from the current rate of 14 per cent, […]
Read MoreAverage daily new short-term corporate bond issuance and short-dated corporate bond trading in secondary markets slumped by 75% and nearly 50%, respectively, after a 15% withholding tax on gains from investment in fixed-income funds came into force on Aug 20. During Aug 20-30, issuance of short-end corporate bonds averaged 1.12 billion baht a day, down […]
Read MoreThe Bank of Thailand is likely to cut the policy rate by 25 basis points a single time during the remainder of the year to prop up the moribund economy amid growing uncertainties, according to the Economic Intelligence Center (EIC), a research house under Siam Commercial Bank (SCB). Risks will prompt the Monetary Policy Committee […]
Read MoreThe government is set to categorise private hospitals based on their medicine and medical service charges so that patients can be informed of prices before they receive services. Prayoth Benyasut, deputy director-general of the Internal Trade Department, said the department is dividing 354 private hospitals nationwide into three categories: high, medium and low. The levels […]
Read MoreAmong the key measures included in “Thailand Plus Package”, a new package drawn up to attract foreign investment, is the easing of procedure for foreign investors in applying for visa and work permit. Citing a Cabinet decision on September 10 approving the new measures, Phalang Pracharat spokesman Kobsak Pootrakool said under the new package, foreign […]
Read MoreThailand ranked 25th out of 64 destinations to live and work worldwide in the Expat Insider 2019 survey by InterNations. The survey provides in-depth information about expats’ satisfaction with quality of life, ease of settling in, working life, personal finance, cost of living and family life in their country of residence. Published for the sixth […]
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