by Daryl Lum | Apr 11, 2024 | News
The Thai Department of Revenue has enacted Departmental Instruction No. Paw 161/2566, which introduces substantial amendments to the taxation of foreign-sourced income for personal income tax purposes, effective from January 1, 2024. 161/2566 was issued to provide...
by Daryl Lum | Apr 11, 2024 | News
Thailand is set to unveil new real estate initiatives on Tuesday, April 9, as confirmed by the finance ministry, in an effort to rejuvenate the nation’s economy, the second largest in Southeast Asia. Deputy Finance Ministers Krisada Chinavicharana and...
by Daryl Lum | Mar 20, 2024 | News
Thailand’s government is moving forward with a 500 billion baht ($13.9 billion) stimulus initiative and may consider borrowing to fund it, according to a deputy finance minister speaking on Wednesday. Julapun Amornvivat made these comments during...
by Daryl Lum | Mar 6, 2024 | News
The Thai business group has upheld its growth forecast for 2024, anticipating a GDP expansion of 2.8% to 3.3%. Thailand’s economy is poised to maintain this projection, with the Joint Standing Committee on Commerce, Industry, and Banking, comprising...
by Daryl Lum | Mar 1, 2024 | News
Karlo Pobre, Colliers’ Deputy Managing Director, highlighted insights from the Real Estate Information Centre (REIC) of the Government Housing Bank, revealing a strong interest among Myanmar buyers in real estate across Bangkok, Phuket, and Chiang Mai. ...