Blockchain technology is headed for widespread adoption in Thailand within two years, necessitating legal amendments to support its use, say academics and technology experts. Blockchain underlies Bitcoin and other cryptocurrencies. The blockchain format is a decentralised ledger system that requires “decentralised approval” from the nodes and participants in the system, as opposed to the current […]
Read MoreOn top of its intensified revenue collection and investment promotion efforts, the government is exploring hybrid-financing arrangements that will combine development aid and loans to fund its big-ticket infrastructure projects while keeping down borrowing costs, the Department of Finance (DoF) said. In a statement over the weekend, Finance Secretary Carlos Dominguez 3rd said hybrid financing […]
Read MoreCambodia is set to host a meeting in Siem Reap to help coordinate the trade interests of 48 least-developed countries (LDCs), said the Minister of Commerce Pan Sorasak on Thursday. “The members of the World Trade Organization (WTO) were confident in us and chose Cambodia, at the recently concluded WTO annual meeting, to coordinate the […]
Read MoreTAXPAYERS, particularly foreign investors, seeking value-added tax credits and refunds now have two years to file appropriate documents instead of 120 days under a new set of rules issued by the Bureau of Internal Revenue. This new revenue regulation addresses the concerns of foreign investors, particularly the issues raised by the Japanese Chamber of Commerce […]
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Thailand
