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Thailand: Excise tax mulled on foreign online services

The Excise Department under the Finance Ministry is consIderIng collectIng excise tax on foreIgn servIces provIded through the online system such as movie, music and e-sport that collect member’s fee for downloadIng theIr applications, the department’s director-general Patchara Anuntasilpa said yesterday. “Market value of this segment Is high but we cannot collect tax from the […]

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Thai and Lao central banks ink MoU on banking supervision

The central banks of Thailand and Laos on Monday signed a memorandum of understanding on banking supervision. Veerathai Santiprabhob, governor of the Bank of Thailand, and Sonexay Sitphaxay, governor of the Bank of the Lao PDR, put their names to the document. The MoU serves as a solid foundation for effective cooperation in the supervision […]

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Room for CLMVT trade growth: PM

THE CLMVT (Cambodia, Laos, Myanmar, Vietnam and Thailand) subregion is set for significant growth in internal cooperation and investment in the next decade, said Prime Minister Prayut Chan-o-cha along with trade officials from the five countries. To achieve that, the region’s private and public sectors must work together to enhance economic connectivity between the different […]

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Cambodia: Thai investors seek ties in Kingdom

Dozens of businessmen and investors from Thailand will seek investment opportunities in the Kingdom during a forum aimed at fostering tie-ups with Cambodian businessmen in Phnom Penh scheduled for today. For in depth analysis of Cambodian Business, visit Capital Cambodia Ngoun Meng Tech, Cambodia Chamber of Commerce director-general, yesterday said that about 40 companies from Thailand […]

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Thailand: Rail, port winners to ink contracts in July

The high-speed rail project linking Suvarnabhumi, Don Mueang and U-tapao airports and the third phase of Map Ta Phut port worth a combined 271 billion baht are scheduled to see the winning bidders sign contracts early next month. Deputy Prime Minister Somkid Jatusripitak said on Monday that only two of the five megaprojects planned under […]

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