MAY 26, 2020 Forestalling a second wave of infections, and not politics, is behind the government’s need to extend enforcement of the emergency decree as lockdown measures are set to loosen up, said Deputy Prime Minister Prawit Wongsuwon. He said the extended use of the special law, which was first Read More
MAY 13, 2020 The Revenue Department has extended the deadline to file corporate tax returns by 1-2 months, depending on the type of tax. The extension covers eight tax types whose online filing deadlines fall during the March-August period. The purpose is to ease operators’ burden during the coronavirus crisis, Read More
MAY 13, 2020 The new land and buildings tax will force homeowners to reduce residential units being held and shift housing development to larger units, as only principal homes will be exempted. Chinapat Visuttipat, founder and partner of legal firm One Law Office, said homeowners possessing a lot of houses Read More
MAY 6, 2020 Kasikornbank (KBank) has launched a 1-billion-baht loan scheme, offering interest-free borrowing for the first year to small and medium-sized enterprises (SMEs) with up to 200 employees as a way to keep 41,000 workers on payroll during the pandemic. The bank will also provide a monthly grant of Read More
MAY 5, 2020 The development of over-the-top (OTT) platforms by Thais is needed to ensure the benefits will not fall solely into the hands of big foreign players, says the National Broadcasting and Telecommunication Commission (NBTC). The agency supports the establishment of a working committee to cope with OTT businesses, Read More
APRIL 27, 2020 Thailand’s Emergency decree will be extended for another month after it expires this Thursday.The Centre for Covid-19 Situation Administration on Monday recommended to extend the decree which would be extended to the end of May. The emergency decree gives the Thai PM sweeping powers and is provided for Read More
The cabinet approved a second automatic visa extension for foreigners for three more months on Tuesday in a bid to prevent long queues at immigration centres and stem the spread of the coronavirus. Read More
April 20, 2020 The revenue target for the three tax-collecting agencies this fiscal year is unlikely to be met after the Covid-19 outbreak disrupted business activities. The Revenue Department’s tax collection fell short of its target by 2.2% for the first half of this fiscal year, and the magnitude of Read More
April 16, 2020 The Board of Investment of Thailand (BOI) today approved a series of measures to mitigate the impact of the coronavirus or COVID-19 outbreak on business, including steps to encourage rapid investment in the manufacturing of medical equipment. The board also approved incentives to promote technology-based “smart farming” Read More
April 16, 2020 Employees whose businesses were not ordered to shut down by the government but are still affected by Covid-19 situation will get compensation under the social security scheme, the Cabinet agreed on Wednesday (April 15). The measure was proposed by the Ministry of Labour, ministry permanent secretary Sutthi Read More