NARIT & Associates cordially invites you to LEGAL SPOTLIGHT on: “TAXATION OF OVERSEAS INCOME OF THAI TAX RESIDENTS” A practical course will talk you through Thai taxation of overseas income of Thai tax residents in light of Revenue Department’s new interpretation of Section 41 of the Revenue Code (Departmental Instruction No. 161/2566), as revised effective date (Department […]
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Thailand’s new power plan nears completion The new power development plan (PDP), which will focus more on renewable energy, is expected to be finalised after many delays by the second quarter, according to the Energy Ministry. The new PDP, which includes power generation and distribution plans, replaces the current one that took effect in 2018, […]
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Pattaya urban rail project gathers momentum with public consultation In a significant development for Pattaya’s transportation infrastructure, Buntian Jansuk, Director of the Engineering Office, led the second public consultation for the Red and Purple Line urban railway project. The event held at the Grand Palazzo Hotel on February 15, drew the participation of Pattaya City […]
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Thonburi Healthcare Group set to expand Myanmar investment Thonburi Healthcare Group Plc (THG) plans to expand its hospital business in Myanmar following an increase in patients seeking medical treatment. A feasibility study on the new investment is being conducted and its findings are expected soon, said Tanatip Suppradit, chief executive of THG. The company, which […]
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Incentives extended for Thailand’s Eastern Economic Corridor (EEC) three airport link rail line builder Amid concerns about slow progress, CP-led consortium needs encouragement to get back on track The Board of Investment (BoI) has agreed to extend new privileges to the builder of a high-speed railway linking three airports, in a fresh effort to unlock […]
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Thai steelmakers eye state projects for lifeline Steel manufacturers are pinning their hopes on the government’s new and old infrastructure development projects to boost sluggish steel consumption in the country. The state budget for fiscal 2024 could drive these construction projects once it is approved, said Chaichalerm Bunyanuwat, president of the EAF Long Product Steel […]
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Centara Hotels celebrates five new resorts in Thailand and Vietnam Centara Hotels & Resorts will add five properties to its diverse portfolio, strengthening its footprint in Thailand and Vietnam and setting the stage for domestic and overseas strategic growth initiatives. “Centara Hotels & Resorts is off to a dynamic start in 2024, unveiling several new […]
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Bangkok administration lacks funding to build three mass transit lines The Bangkok Metropolitan Administration (BMA) has decided to scrap the construction of three mass transit projects, due to a shortage of money, and to transfer them to the Ministry of Transport for implementation. The decision not to go ahead with the construction of the Silver, […]
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Bangkok’s city plan revision sparks public concern The Bangkok Metropolitan Administration (BMA) is updating its city plan, causing concern among residents over the potential favoring of developers and the impact on green spaces. The plan, set for a 2025 reveal, aims to address changes since the last update in 2013. Despite public hearings, critics argue […]
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Solar solutions for Thailand Several organisations are pushing to make renewable energy accessible as electricity costs rise Four years ago, Boonyuen Siritham, president of the Thailand Consumers Council (TCC), paid around 17,000 baht to 18,000 baht monthly in petrol and electricity bills. As an environmentalist, she aimed to reduce greenhouse gas emissions and cut her […]
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