March 30, 2020 More than 17.2 million people have applied for the 5,000-baht financial aid granted by the government to ease the impact of the Covid-19, according to Fiscal Policy Office director Lavaron Saengsanit. That was the figure which stood at 6pm yesterday as people registered on www.เราไม่ทิ้งกัน.com, the only Read More
March 30, 2020 The Thai Government has approved new measures to alleviate the impact of COVID-19. The following measures are designed to support temporary and self-employed workers not covered by the SSF : 5,000 THB / month for three months for workers working for businesses that were ordered to close because Read More
March 30, 2020 The Industry Ministry plans to roll out rescue measures by suspending debt payments for 6-12 months for small community enterprises for several industries affected by the Covid-19 outbreak. The measure covers businesses in food, drinks, herbs, jewellery, souvenirs and clothing. Local producers can apply for debt suspension Read More
March 26, 2020 Reduced Social Security contributions from March to May 2020 Contributions to be paid to Social Security will be reduced as follows: – from 5% to 4% for the employers’ contribution – from 5% to 1% for the employees’ contribution 3 months extension for March to June 2020 Read More
March 26, 2020 A temporary immigration centre has been opened at the Central Investigation Bureau in Muang Thong Thani estate in Nonthaburi province to relieve congestion at the Government Complex on Chaeng Watthana Road. Immigration spokesman Pol Maj Gen Surapong Chaijan said on Thursday that opening of the temporary office Read More
March 23, 2020 Measures are being launched, including a liquidity support fund valued at 70-100 billion baht, to help manage risk in the debt market made vulnerable by the intensifying coronavirus spread. The Bank of Thailand (BoT) has offered special credit facilities to shore up liquidity in money market funds Read More
March 20, 2020 The spread of coronavirus disease 2019 or COVID-19 is taking a toll on the economy, including debtors who might have their revenue reduced. The Bank of Thailand has urged commercial banks to provide assistance packages and prepare for the next stage of the pandemic. The Bank of Read More
March 22, 2020 The Social Security Board (SSB) on Friday decided to offer financial help to workers registered under its social security system who have either lost their jobs or have been suspended due to the Covid-19 pandemic. Effective from March 1, workers who have lost their jobs because their Read More
Reduced withholding tax rate from 3% to 1.5% Withholding tax rates will be reduced for legal and natural persons as follows: – from 3% to 1.5% for the payment of services from 1st April 2020 to 30 September 2020 – from 3% to 2% for the payment of services from Read More
March 16, 2020 Economists have urged the government to expand the fiscal deficit to up to 600 billion baht, while more stimulus packages are hopefully on course to counter the impact of the Covid-19 outbreak in Thailand. Secretary to the Council of Economic Ministers, Kobsak Pootrakool, says that the economic ministers would Read More