The Cabinet yesterday approved a plan by the Government Pharmaceutical Organisation (GPO) to construct the second phase of its pharmaceutical plant in Rangsit area at a cost of Bt5.607 billion. The move will help GPO to expand its production capacity to cope with the requirements of the Good Manufacturing Practice (GMP) standard. Nattaporn Jatusripitak, an […]
Read MoreMore opportunities are opening for Thai small and medium-sized enterprises (SMEs) as Amazon.com expands its footprint in business-to-business (B2B) e-commerce here as part of its Asean expansion outside of Singapore. Amazon is using its Facebook page (facebook.com/AGSSEA) to encourage Thai merchants to sell on its platform targeting the US market. In August last year, Amazon appointed […]
Read MoreTHE REVENUE Department plans to impose a 15 per cent withholding tax on profits and dividends generated by transactions involving digital assets. The notice follows the Cabinet’s agreement in principle to regulate trades in cryptocurrencies, initial coin offerings (ICOs) and other activities related to digital assets. The Cabinet yesterday approved in principle a draft emergency […]
Read MoreA LOCAL startup plans to launch an exchange platform for trading cryptocurrencies as more Thais are now interested in investing in the digital currencies and blockchain technology. Thuntee Sukchotrat, chief executive officer of the JIBEX Co, said the company will launch a market platform for investors in cryptocurrencies such as bitcoin, ethereum, and ripple. He […]
Read More(KPL) Top Thai Brands 2018 was officially launched on Mar 7 drawing almost 200 booths representing more than 140 companies from Laos and Thailand. The week-long exhibition was opened in the presence of trade officials, entrepreneurs and business people of Laos and Thailand. Co-organized by the Department of Trade Promotion of the Ministry of Industry […]
Read MoreA possible 10% capital gains tax on investment gains in cryptocurrencies will seek cabinet approval today, says a source at the Finance Ministry. The Revenue Department will propose the cabinet amend the Revenue Code to pave the way for the tax-collecting agency to impose the 10% capital gains tax from investment gains in digital currencies, the […]
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