Business

Wants 90-day report to be made online The Immigration Bureau (IB) wants foreign residents not to come to its offices to make their 90-day place of residence report after overcrowding put paid to its attempts at one-metre social distancing against Covid-19. Foreigners living in Thailand are being asked to process their 90-day reports at home via an online platform or, more traditionally, by post, IB...

Travelers from South Korea, Italy and Hong Kong now need visas to enter the kingdom, according to its interior minister However, the special administrative region’s Thai consulate later released a statement saying travelers from Hong Kong and Macau were still exempt Thailand’s interior minister on Wednesday said it would suspend its visa exemption policy for travellers from Hong...

The World Health Organization declared a global pandemic. Tom Hanks tested positive for the coronavirus and the N.B.A. canceled its season over an infection concern. RIGHT NOW California recommended canceling gatherings with more than 250 people, including sports events, conferences, and concerts, through the end of...

German Chancellor Angela Merkel has warned that up to 70% of the country's population - some 58 million people - could contract the coronavirus. Mrs Merkel made the stark prediction at a news conference on Wednesday alongside Health Minister Jens Spahn. She said since there was no known cure, the focus would fall on slowing the spread of the virus. "It's about winning time," she explained. Her...

CHARTCHAI PARASUK A columnist in BP and Freelance Economist shares his view on Covid-19 impact on Thailand's economy. As of Wednesday, there were 80,991 confirmed cases of the Wuhan coronavirus known as Covid-19, spread across 41 countries and territories. But explaining health issues is not the purpose of this article. I will leave that to medical and infection experts. The purpose here is to...

Journalists "Prachachat Business" reported that the government announced the postponement of tax on land and buildings. Previously, holders of land and buildings were required to file tax returns within April. Now within August 2020, but the Land and Buildings Tax Act Which is used instead of The House and Land Tax Act 1932 and the Local Maintenance Act 1965 was also watched and criticized for various...

The government is launching its first-ever cybersecurity office to combat hacking, amid growing concern over thieves targeting everything from everyday banking transactions to data in the Chim, Shop, Chai stimulus scheme. The move, which is aimed at bolstering state efforts to crack down on cybercrime, was agreed by the national commission on cybersecurity, chaired by Deputy Prime Minister Prawit...

Thailand has the biggest automotive industry in Southeast Asia and the 12th largest in the world. Most of those coming out of Thai factories, well just about all really, are standard internal combustion engines with a few ‘hybrid’ models sprinkled in there as well. The hybrids include electric motors and charging systems which saves fuel and load on the petrol engines. But there is a strong tilt...

After numerous attempts over the years to reshape the way property tax is imposed in Thailand, new property tax legislation has finally entered into law in Thailand. The new law replaces the current House and Land Tax Act and the Local Development Tax Act and aims to encourage the productive use of land and improve tax collections. Taxes will commence to be collected under the new law from 1 January...

Thailand has broken its annual tourism record with the arrival of 39 million international tourists this year, up from about 38mn last year. The 39 millionth tourist was from Russia. Tourism and Sports Minister Phiphat Ratchakitprakarn said that the Kingdom remains one of the all-time favorite destinations of global travelers. In the closing days of 2019, 140,000 tourists are expected to arrive every...