Thailand will not hike value-added tax as recommended by the International Monetary Fund, said Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong. The IMF made the recommendation in light of the government’s plan to reduce corporate income tax rate to 23 per cent this year from 30 per cent. The decrease in corporate income tax […]
Continue ReadingThailand will not hike value-added tax as recommended by the International Monetary Fund, said Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong. The IMF made the recommendation in light of the government’s plan to reduce corporate income tax rate to 23 per cent this year from 30 per cent. The decrease in corporate income tax […]
Continue ReadingApril 2 is fast approaching and with it the deadline for filing your 2011 personal income tax return and making any required tax payment. So, what is new this time around? _ New Expat ID number: Expatriates filing their tax returns will have to use the new tax ID – the 13-digit identification number that came […]
Continue ReadingTHAI Airways International (THAI) has sent out a memo informing its travel industry partners that earlier check-ins are now necessary at Bangkok Suvarnabhumi Airport, due to congestion at all immigration points including departure, arrival, first port and visa on arrival. THAI has asked its partners to advise their clients on flights out of Bangkok to […]
Continue ReadingAREVA and its local partner ENSYS have been selected by U-Thong Bio Power, a Thai independent power producer, for the construction of a biomass power plant located in the Supanburi Province, in the North-West of Thailand. The total value of the project is US$ 17 million. The plant fueled by rice husk and by bagasse, […]
Continue ReadingA century ago Phrae was known as Thailand’s teak capital, having drawn half a dozen European timber companies to log the North’s then abundant teak reserves to ship abroad for use in steamers, train compartments and as a floor veneer. Not much is left of Thailand’s natural teak forests today – in 1991 there were […]
Continue ReadingA century ago Phrae was known as Thailand’s teak capital, having drawn half a dozen European timber companies to log the North’s then abundant teak reserves to ship abroad for use in steamers, train compartments and as a floor veneer. Not much is left of Thailand’s natural teak forests today – in 1991 there were […]
Continue ReadingVietnam is seeking foreign investors to help build two airports so it can compete with other Southeast Asian nations for regional air traffic. “We are in need of financial investments from many sources, domestic and foreign,” Nguyen Cong Hoan, director of planning and investment of a newly-established nationwide airport operator, Airports Corporation of Vietnam, said at […]
Continue ReadingIt says the changes may have contributed to the March 8 blaze at the hotel which killed two people. City officials in Klong Toey district where the hotel is located, are compiling evidence with a view to laying charges. They say the hotel remodelled a portion of its fifth-floor car park into a banquet room […]
Continue ReadingIt says the changes may have contributed to the March 8 blaze at the hotel which killed two people. City officials in Klong Toey district where the hotel is located, are compiling evidence with a view to laying charges. They say the hotel remodelled a portion of its fifth-floor car park into a banquet room […]
Continue Reading