The new land and buildings tax will force homeowners to reduce residential units being held and shift housing development to larger units, as only principal homes will be exempted. Chinapat Visuttipat, founder and partner of legal firm One Law Office, said homeowners possessing a lot of houses will reduce the number of units they hold […]
Read MoreMore activities and medium-sized businesses which have been temporarily halted or closed since late March will be allowed to resume next month, as the Centre for Covid-19 Situation Administration (CCSA) mulls a further easing of government-imposed restrictions ordered to curb the spread of the novel coronavirus disease. CCSA spokesman Taweesilp Visanuyothin on Monday said the […]
Read MoreEXPORT-oriented economies in South-east Asia could take longer to recover from the coronavirus-led slowdown, compared with those with lower exposure to the impact of the global recession, a report from Morgan Stanley suggests. This means that economies like Thailand, Malaysia and Singapore may have to wait until the first quarter of 2021 to recover, the […]
Read MoreThe Tourism and Sports Ministry is considering a tax of 300 baht or less per person for foreign arrivals that could cover pandemic insurance, once inbound flights and tourism activities resume in the country. Phiphat Ratchakitprakarn, the tourism and sports minister, said the tax would be collected once foreigners arrive by air, land or sea […]
Read MoreThe private sector is calling on the government to continue easing its lockdown measures to allow other businesses, particularly those related to tourism and supply chains, to restart to curb escalating unemployment. Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), said the latest survey on business sentiment nationwide has found […]
Read MoreThe Labour Ministry has decided to back off from seeking a hike to 75% compensation of the daily wage for workers affected by the Covid-19 outbreak amid resistance from labour activists, a ministry source said on Sunday. Labour Minister MR Chatu Mongol Sonakul had proposed the change but for the time being it has been […]
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Thailand
