THE TOURISM and Sports Ministry has proposed extending the current tax allowance for local tourists who visit less-popular destinations until the end of the next year. The tax concession is scheduled to end at the end of 2018. Tourism and Sports Minister Weerasak Kowsurat said that he had proposed to the Finance Ministry to extend […]
Read MoreTHAILAND’S Internet economy is expected to be worth US$43 billion in 2025, according to a study. “e-Conomy SEA 2018: Southeast Asia’s Internet Economy Reaches an Inflection Point” conducted by Google and Temasek says that Southeast Asia’s Internet economy will be surge from $72 billion in 2018 to $240 billion in 2025. Thailand’s Internet economy in […]
Read MoreThe Hanoitimes – The relaxation of foreign ownership ceiling to 49 percent is needed to help banks meet requirements in the country’s integration and be able to compete with international peers. The government should lift the foreign holding ratio at local commercial banks to 49 percent from the current 30 percent to help banks meet requirements […]
Read MoreAs the tax to GDP ratio for Myanmar is lower than that of its regional peers, successive governments have prioritised more efficient tax collection. Efforts to reform tax collection began in 2012 under former president U Thein Sein. The aim of the effort was to put in place a modern tax administration system. The first […]
Read MoreThailand has overtaken Russia and India as the most unequal country in the latest survey by a Swiss bank. Banyong Pongpanich, chairman of Phatra Securities, posted on Facebook on Wednesday the findings of the Credit Suisse Global Wealth Databook 2018 conducted on 40 countries. He expressed concern about the trend. Two years ago, Thailand ranked […]
Read MorePhilippine-made consumer goods are expected to increasingly flow into the Kingdom as a result of rising Cambodian purchasing power, an announcement from the Philippine Department of Foreign Affairs on Tuesday said. “With a young and dynamic population and increasing purchasing power, the Cambodian market presents great opportunities for Philippine companies seeking to grow their business […]
Read More
Thailand
