The Nation
Royalties to include rentals under new Thailand-Singapore double tax rules
The New Double Tax Agreement between Thailand and Singapore becomes effective on January 1, 2017. If a Thai resident company has an outstanding rental payable to a Singaporean resident company, they should consider settling the debt before the end of 2016 in order to utilise ...
Authorities told to tackle water pollution to prevent deaths of aquatic animals
Dr Nantarika Chansue, head of the Veterinary Medical Aquatic Animal Research Centre at Chulalongkorn University, said on October 12 it was too late to do anything about the recent deaths of giant freshwater stingrays but authorities could work to restore the water quality in the ...
Thousands flee fighting near site of dam backed by Thailand
As many as 10,000 people in Kayin State in Myanmar have been displaced due to fighting over the Hat Gyi Dam construction site, as plans move forward to begin building on the Salween River. Activists have reported a human rights crisis in the area as more than 1,000 ...
Ministry skips meeting on rice-pledging crackdown
The initial meeting of state agencies intended to expedite cases related to the previous government’s rice-pledging scheme failed to proceed on October 10 after Finance Ministry staff did not show up. Justice Minister Paiboon Koomchaya, who was to chair the meeting, said he did not know why ...
China places first order for Thai rice under last Dec’s G2G deal
China has agreed to place the first purchase order for 100,000 tonnes of Thai rice under a government-to-government contract for a total of one million tonnes, which was signed last December. The order is for new-crop 5-per-cent white rice at a free-on-board price of US$399 per tonne ...
BMA district offices told to clear sluice gates to tackle floods
Bangkok Metropolitan Administration offices in the districts of Don Muang, Lak Si, Sai Mai, Bang Khen and Chatuchak were told to remove obstacles that blocked water drainage via the Bang Khen, Bang Pho and Bang Sue sluice gates, deputy governor Amorn Kitchawengkul said on October 5. These ...
‘Thailand 4.0’ should get GDP growth up to potential, World Bank says
The World Bank believes Thailand should be able to achieve long-term annual economic growth of 4-5 per cent if the government can successfully push through its “Thailand 4.0” model. The new economic model would help draw private investment, the Bank’s economist for Thailand, Kiatipong Ariyapruchya, ...
ADB puts Thailand’s GDP growth forecast at 3.2%
The Asian Development Bank has slightly revised up its forecast for Thailand’s 2016 economic growth from 3 per cent to 3.2 per cent, praising the country’s investment in infrastructure. “Government infrastructure investment is a key contributor to growth in Indonesia, the Philippines, Singapore and Thailand,” ...
Thailand pledges $1m to kick off ASEAN science development fund
Thailand will invest an initial US$1 million to establish a Science, Technology and Innovation Development Fund for ASEAN. After the first ASEAN Science & Technology Innovation Forum, held in Bangkok last week, Science and Technology Minister Pichet Durongkaveroj said the forum had come up with three plans to ...
Governors ordered to set up flood prevention and assistance centres
The Interior Ministry on September 25 ordered governors of provinces nationwide except in the South to set up flood prevention and alleviation centres to deal with ongoing flooding in many provinces. The order was issued by Interior Ministry permanent secretary Krissada Boonraj. Krissada stated in the order ...
