In addition to funding news from Plizz and MyGate, today we also have updates from Appier and Cars24 Thailand’s Plizz raises funding, expands to legal tech vertical – Press Release Thailand-based DIY accounting platform Plizz announced a US$300,000 seed funding round from Singapore-based VC firm REAPRA. The company also announced Read More
The “OSS Foreigner” app is coming, and you will be able to use it for 90 day reporting, according to the Secretary-General at the office of the PM. Dr Kobsak Pootrakool says the planned app can be used for all immigration reporting, including 90 day reports, adding that typing in Read More
Foreigners entering Thailand with a retiree stay visa will soon have to buy mandatory health insurance, a health official said Wednesday. Starting Oct. 31, foreigners over 50 entering the country with an O-A visa must show that they have valid health insurance covering their period of stay, deputy public health Read More
The Thai baht has been the runaway success among Asian currencies this year — surging more than 6% while the US-China trade war has punished peers such as the South Korean won and Chinese yuan. There are two reasons why it may rise even more. The Thai currency has proven Read More
The trade war between the United States and China and the appreciation of the baht against other currencies have started to impact large corporates, say bankers. Although large corporates are resilient to any impact and their ability to repay debt remained sound compared with small and medium-sized enterprises, the prolonged Read More
Photo: Dreamstime.com Thailand’s currency is currently giving it a major economic headache, according to a Bloomberg report shared by ThaiVisa this morning. The Thai baht has been the best performer globally against the US dollar for over 5 years now, but that strength has caused growth estimates to be cut Read More
September 11, 2019 It’s all about the economy as ministers seek to attract more investment and jobs by making things easier. Light at the end of the tunnel even as business sentiment right now has reached rock bottom according to an index at the economic think tank the University of Read More
Finance Minister Uttama Savanayana confirmed on Tuesday (September 10) that the Cabinet has agreed to maintain value added tax (VAT) at 7 per cent for another year and has vowed to keep a close eye on the economy. “Originally the 7 per cent VAT was set to expire at the Read More
The Revenue Department estimates that value-added tax (VAT) collection will fall short of the target for this fiscal year because of waning domestic consumption and the stronger baht, and the shortfall could extend to next year if the situation remains unchanged. VAT collection, an indicator of domestic consumption, was 0.5% Read More