Headline inflation in April surged to the highest level in 14 months, driven by rising prices for fresh vegetables, tobacco, alcoholic drinks, fuel, housing and furnishings. The Commerce Ministry Tuesday said the consumer price index (CPI) last month rose 1.07% year-on-year after a 0.79% increase in March. This followed an increase of 0.42% in February, which […]
Read MoreThe Finance Ministry is conducting a study of the pros and cons of allowing subsidiaries that are situated in different geographic locations to separately pay corporate income tax to the areas where they are domiciled to make it more difficult to avoid tax payment. The study comes after the World Bank proposed that each country improve […]
Read MoreThai citizens’ data privacy is expected to be secured with the Data Protection Act’s enforcement this year after being approved by the cabinet this month. The Electronic Transactions Development Agency (ETDA) will be responsible for the temporary Data Protection Knowledge Centre to educate the public about data privacy protection. Prior to the Cybersecurity Act, ETDA will […]
Read MoreWill the impact of Alibaba investment lean toward a win-win or a zero sum game? The government has assured the public that Jack Ma, owner ecommerce giant Alibaba, will bring large benefits to the country after pledging to invest Bt11 billion in the Eastern Economic Corridor. Ma has signed several memoranda of understanding (MoU) with […]
Read MoreThai workers are saddled with the highest debt levels in 10 years, mainly incurred from daily consumption, vehicles, investments, residential purchases, debt repayment and medical expenses. The latest survey by the University of the Thai Chamber of Commerce (UTCC) is based on 1,194 respondents whose income is lower than 15,000 baht per month. It found that […]
Read MorePLANNED high-speed and double-track rail projects to serve the Eastern Economic Corridor (EEC) are expected to begin services in 2023, with an investment value of Bt296.42 billion alone flagged for the high-speed train service, the State Railway of Thailand (SRT) said. Up to Bt214.3 billion of this amount would be spent on getting the high-speed […]
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Thailand
