Government Will Maintain Vat Rate at 7% BANGKOK (NNT) – The government has no plan to hike the value-added tax (VAT) in order to achieve the gross domestic product growth target this year of 4 per cent. Government Spokesman Anucha Buraphachaisri said Thailand had set the VAT rate at 10 per cent under the Revenue Code…
BoT Will Launch Retail CBDC to Secure Financial Services BANGKOK (NNT) – The Bank of Thailand (BoT) will launch the Retail Central Bank Digital Currency (CBDC) by the second quarter next year to provide Thais with access to more convenient and secure financial services. BoT assistant governor Vachira Arromdee said the development of a Retail CBDC…
BMA Will Hold Shopping Fair to Promote Local Products during Songkran BANGKOK (NNT) – The Bangkok Metropolitan Administration (BMA) will hold a shopping fair to promote local products from 50 districts of Bangkok at Ong Ang Canal in Phra Nakhon district during Songkran from April 9-14, 4-11pm. BMA’s deputy permanent secretary Wanlaya Wattanarat said more than…
Thailand: Chao Phraya River As A Local Potential For Economic And Human Security – OpEd The most important aspect of human security is economic. Moreover, after the end of cold war, the focus of countries in the world is not about increasing military power to deal with threats from other countries, but instead on how…