July 02, 2020 Hotel businesses will be exempted from paying an annual fee to the government until 2022 to help reduce their burden in the aftermath of the Covid-19 outbreak. The Royal Gazette website on Wednesday (July 1) announced the ministerial regulation on exemption of the fee for hotel businesses. Read More
July 02, 2020 The Department of Agricultural Economics has launched the “Agri Biz Idol” campaign to promote agricultural entrepreneurs using mentoring system in eight categories. “In the pilot phase of ‘Agri Biz Idol’, we will select 80 farmers countrywide who have strong business plans to increase their product values using Read More
June 29, 2020 Six more groups of foreigners are set to be allowed to enter Thailand in July, the government’s Centre for Covid-19 Situation Administration (CCSA) announced on Monday (June 29). Authorities had already permitted experts and foreigners with Thai work permits to enter Thailand from July 1. The six Read More
June 23, 2020 The Bank of Thailand is requiring commercial banks to run a new round of stress tests that takes the pandemic’s impact into account and report the results next month, while strengthening capital buffers will be discussed in case the outcome shows capital adequacy ratios (CAR) are below Read More
June 23, 2020 Companies that have organised domestic seminars or business trips for employees this year will be exempted from revenue tax for those services. The Royal Gazette website yesterday (June 22) published a royal decree of His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun issued under the Revenue Code regarding the Read More
June 23, 2020 Prime Minister Prayut Chan-o-cha has instructed related state agencies and the Board of Investment (BoI) to consider offering additional tax incentives to attract investment in the five new “S-curve” sectors in the Eastern Economic Corridor, EEC Office secretary-general Kanit Sangsuban said on Monday (June 22). The five Read More
June 22, 2020 The government plans to allow seven groups of foreigners to enter the country, Dr Taweesin Visanuyothin, the spokesman of the government’s Centre for Covid-19 Situation Administration, announced today (June 22). The committee has divided these into two main groups. The first group may not include those under Read More
June 16, 2020 With worldwide foreign direct investment hit badly by the Covid-19 crisis, the government is looking to come up with new investment incentives to lure businesses into relocating their manufacturing base to Thailand. Deputy Prime Minister Somkid Jatusripitak said he has instructed the Board of Investment (BoI) to Read More
June 13, 2020 From Monday, there will be no night curfew, but strict controls under the emergency decree will continue to be enforced especially on entry into Thailand because Covid-19 is still present in other countries, a senior government spokesman announced on Friday. Taweesilp Visanuyothin, spokesman of the Centre for Read More
June 12, 2020 The Foreign Business Commission late last month granted licences for 20 foreign businesses to operate in Thailand. Vuttikrai Leewiraphan, Department of Business Development director-general, said the 20 businesses had invested a total of Bt442 million in Thailand and employed 1,574 Thai workers. Most of the businesses are Read More