Economy and industry

E-payment tax to take effect in 2020

The e-payment law, a tool for the Revenue Department to tax the income of non-salaried earners, particularly online vendors, will go into force from Jan 1, 2020. It takes time to link systems between the Revenue Department and financial institutions, so the money transfer reporting ...

Wichit Chantanusornsiri

Internet economy continues strong gains

Thailand’s internet economy ranked No.2 in Southeast Asia, worth US$ 12 billion (394 billion baht) in 2018 out of $72 billion in the region, thanks to growth of the e-commerce and online media sectors, according to the latest Google-Temasek report.Keep reading ...

Suchit Leesa-Nguansuk

Is Thailand 4.0 coming to fruition?

Thailand’s military junta, also known as the National Council for Peace and Order (NCPO) came into power after a coup in 2014. Since then, it – under the leadership of Prime Minister Prayut Chan-o-cha – has received both criticism and praise from people inside and ...

E-commerce players up in arms over tax

The government’s tax collection policy is threatening the growth of e-payments and discouraging a cashless society, say e-payment and e-commerce proponents. The Bank of Thailand reported that the value of e-payments in June 2018 was 38.94 trillion baht, up from 33.56 trillion a year earlier. ...

Suchit Leesa-Nguansuk

Authorities release e-visa guide

Last month Thailand officially launched its e-Visa on Arrival (E-VOA) application. The system will cut processing times to minutes and is seen as key to halting the recent decline in Chinese visitors. The service is run by Thai Immigration in cooperation with the SAMART Group, ...

Strengthening ASEAN’s cybersecurity

Terrorism in Southeast Asia has long been a threat. Previously, the spectre of terrorism haunted the region via threats of physical violence, from bombings to kidnappings. However, in the current internet age, terrorism has found new methods to attack its targets. Cyberterrorism in the region ...

New centre for hiring Myanmar workers

The government will set up a centre to facilitate the hiring of Myanmar workers in Samut Sakhon province. “We will set up the centre for Myanmar migrants at Talaythai market,” Labour Minister Pol General Adul Sangsingkeo said.Keep reading ...

The Nation Reporter

Chinese Producers Fleeing Trade War Buoy Leading Thai Developer

The upheaval in global supply chains triggered by the trade dispute between the U.S. and China is benefiting the largest developer of industrial estates in Thailand.Keep reading ...

Suttinee Yuvejwattana

Tourism’s influence on Thai politics

A recent news report in Thailand has revealed that Thai netizens do not believe official government statistics regarding the actual number of tourist arrivals to the country. Several readers of a popular local news portal wrote similar comments in response to a statement made by ...

Sheith Khidhir

Investors visit U-Tapao Airport prior to February’s auction

Potential investors on Saturday visited the Eastern Economic Corridor (EEC) to observe the U-Tapao Airport expansion project before they bid on a construction contract in February. Rear Admiral Krirkchai Wajanaporn, the secretary of the U-Tapao Airport and Aviation Development Committee, led a group of Thai ...

Thammarat Thadaphrom

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