KUALA LUMPUR: The ringgit opened marginally lower against the US dollar today on a lack of market demand, a dealer said. At 9.21 am, the local unit was quoted at 3.8980/9010 from 3.8950/8000 recorded at Friday’s close. OANDA Head of Trading Asia-Pacific, Stephen Innes said the US 10-year yields are approaching three per cent and […]
Read MoreJack Ma’s flagship unit Alibaba has asked the Thai government to raise the maximum 1,500-baht import duty exemption in a push that could boost the country’s demand for imported goods and cut customs officials’ workload. The e-commerce giant has signed deals to splash more than 10 billion baht in investment in Southeast Asia’s second-largest economy. A […]
Read MoreThe government is preparing a regulation on incentive packages for investors of small and medium enterprises (SMEs), as investments of this nature were not covered in the newly introduced policy on tax holidays. Finance Ministry Regulation No. 35/2018 stipulates that investors must contribute a minimum of Rp 500 billion (US$ 35.98 million) to apply for […]
Read MoreInvestors from China have shown interest in investing in the upgrade of three small airports in Thailand, the Airport Department chief says. Department director-general Darun Saengchai named the airports in Buri Ram, Phetchabun and Nakhon Ratchasima as the targets for Chinese companies, Post Today reported on Sunday. The official did not give details on the […]
Read MoreThe Hanoitimes – The Ministry of Industry and Trade (MoIT) has urged domestic dairy producers to accelerate exports to Thailand when the Vietnamese product shipped to the market enjoys a zero percent tax rate. According to the ASEAN Trade in Goods Agreement (ATIGA), import tax imposed on dairy products of ASEAN countries, including Vietnam, to Thailand […]
Read MoreThe Hanoitimes – The Ministry of Finance (MoF) will consult with related Ministries with regard to the proposal of removing excise tax for qualified locally-made auto parts. “The MoF will review the tax system and report to the Government and the National Assembly on the amendment and supplement of Laws on Value Added Tax, Special Consumption […]
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Thailand
