Government

Bt17-billion budget to be allocated for developing EEC

The government plans to allocate Bt17 billion for development of the Eastern Economic Corridor (EEC) in fiscal 2020, as it wants to speed up investment in the region, especially in transport.Kobsak Pootrakool, deputy secretary-general to Prime Minister General Prayut Chan-o-cha, said the government is applying ...

The Nation Reporter

China, Thailand agree to boost cooperation

Thailand and China on Thursday agreed to work together to boost ties in all areas.The agreement was announced after a meeting between Prime Minister Prayut Chan-o-cha and Song Tao, head of China’s International Liaison Department, at Government House on Thursday.Keep reading ...

Mongkol Bangprapa

VAT stays at 7% for another year

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.Keep reading ...

The Nation Reporter

VAT gradually falling short of 2019 target

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.Keep reading ...

Wichit Chantanusornsiri

Thailand holds Anti Corruption Day event, Privy Councillor says government and Prime Minister serious about ending corruption

Thailand has held an International Anti-Corruption Day event earlier last week, encouraging all people in Thailand to fight against corruption. The opening ceremony  was presided over by by Privy Councillor Gen Paiboon Khumchaya.He told event attendees that the Prime Minister is serious about the suppression ...

Thailand, Myanmar expand transboundary cooperation

Thailand and Myanmar on Tuesday agreed to strengthen bilateral cooperation on transnational issues, including drug smuggling, the repatriation of Myanmar refugees, and illegal, unreported and unregulated fishing (IUU).The issues were discussed at the 7th Thai-Myanmar High Level Committee (HLC) meeting, which was held in Bangkok ...

Wassana Nanuam

Departments launch blockchain project

The Revenue Department and the Comptroller-General’s Department are set to launch a pilot project using blockchain technology in the next few weeks, aiming at streamlining work processes.The innovative technology will also help provide information associated with value-added tax and inspecting VAT refunds to reduce fraud, ...

Wichit Chantanusornsiri v

Criteria for state welfare smartcards getting rejig

Qualification criteria for a new round of registration for state welfare recipients will be tweaked after additional allowances for smartcard holders under the economic stimulus package are revealed.Keep reading ...

Wichit Chantanusornsiri

Finance Ministry plans e-commerce tax next year

The Finance Ministry expects to introduce a value-added-tax on electronic businesses next year, aiming to collect between 3 billion to 4 billion baht a year, a ministry official said on Monday, tapping a boom in e-commerce in the country.Keep reading ...

Clear up cuts to 30-baht scheme

Confusion appears to reign supreme over the budget for the universal healthcare or 30-baht card scheme. Activists have complained that the Prayut Chan-o-cha government, which is about to go on a heavy spending spree on populist policies, is excluding sick people who depend on the ...

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