The Excise Department is about to require that local beer brewers adopt electronic stamp duty in October, aiming to fix a tax leakage problem as beer tax revenue continues to fall short of target. The department believes that e-stamp duty will help prevent tax avoidance and thwart local sales of beers produced for export, as […]
Read MoreNewly launched condo supply in the second quarter continued to rise in Bangkok, with most launches in June after the political situation became clearer, says property consultant Colliers International Thailand. Despite many negative factors, developers still launched new condo supply in Bangkok in the second quarter, said Phattarachai Taweewong, Colliers’ associate director. “Developers need to […]
Read MoreSATUN (Reuters) – The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But seafood has been good to him. Hawking dried shrimp, squid and fish in nightly Facebook livestreams, Anurak, who is quick with a joke and adept at interacting with customers, can draw up to 300,000 viewers at […]
Read MoreBusiness operators are urging the new government to raise the country’s daily minimum wage in line with a resolution of the tripartite committee and avoid the sharp rise promised during the general election campaign. For 2019, the tripartite committee representing employers, employees and the government agreed to increase the daily minimum wage by 2-10 baht […]
Read MoreThe new government will be asked to extend the Board of Investment’s promotional investment packages for the flagship Eastern Economic Corridor (EEC) scheme for another year. Kanit Sangsubhan, secretary-general of the EEC Office, said the office will submit a proposal to extend the privilege packages, which are scheduled to expire on Dec 30, once the […]
Read MoreMonday’s strong baht showing to rise Bt30.66 from Bt30.67 per US dollar on Friday, Krung Thai Bank’s chief markets strategist Jitipol Puksamatanan said on Monday. The baht has signed to continue its strength following capital inflow rising, although the resumption of US-China trade talks also points to a relaxing. “We forecast the baht ranks between […]
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Thailand
