.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Harris Leads Trump in Three Key States, Times/Siena Polls Find
-
Recently Browsing 0 members
- No registered users viewing this page.
Announcements
-
Topics
-
-
Latest posts...
-
30
THAILAND LIVE Thailand Live Tuesday 10 September 2024
Thai Finance Minister Calls for Tax Reform to Boost Economic Growth File photo for reference only Thailand’s Finance Minister, Pichai Chunhavajira, pushed for comprehensive tax reforms during his speech at the ACMA Business Forum 2024. Pichai stressed that Thailand’s personal and corporate income tax rates are higher than those of many competing nations, a discrepancy that could hinder the country's economic growth. The Minister underlined a global trend of lowering such taxes to stay competitive internationally. Full Story: https://aseannow.com/topic/1337820-thai-finance-minister-calls-for-tax-reform-to-boost-economic-growth/ -
67,241
-
7
Thai Police Officer Allegedly Demands Bribe and Sexual Favors from Arrested Student
This is total believable here. It’s corruption from the top to the bottom, giving money. You’re good looking girl they want money and sex. These cops should all be fired and the top of the bottom matter all the government boys just resigned to all corrupt And where is the Red Bull kid? TIT -
0
Thai Finance Minister Calls for Tax Reform to Boost Economic Growth
Thailand’s Finance Minister, Pichai Chunhavajira, pushed for comprehensive tax reforms during his speech at the ACMA Business Forum 2024. Pichai stressed that Thailand’s personal and corporate income tax rates are higher than those of many competing nations, a discrepancy that could hinder the country's economic growth. The Minister underlined a global trend of lowering such taxes to stay competitive internationally. In discussing value-added tax (VAT), Pichai noted that it is a consumption-based tax, meaning those who purchase more will pay more. He advocated for an equitable application of VAT while suggesting that part of the revenue should support low-income individuals. Debt restructuring, particularly for home and car loans, was another focal point. Pichai recognised the challenges this entails but stressed its importance for financial stability, which, in turn, benefits banks. He warned that allowing more loan defaults could weaken even the currently strong financial institutions. Reflecting on Thailand’s economic trajectory, Pichai recalled the high GDP growth rates of 9-10% in the 1980s, driven by a strong investment ratio. However, he observed a stark contrast today, with the investment ratio down to 19-20%, contributing to slower economic growth. Excluding the Covid-19 period, the average growth rate in recent years has been 1.9%, far below the potential 3.5%. Pichai also highlighted the importance of a flexible exchange rate for the baht, given that export revenue constitutes a significant 65% of GDP. He emphasised that the exchange rate should be guided by market mechanisms. Addressing the stock market’s positive trends, Pichai credited the confidence in the new government's policies, adjustments to investment rules, and the promotion of new funds aligned with these policies. He projected that maintaining a trading volume range of 60-80 billion baht (approximately US$1.8-2.3 billion) was attainable with increased economic confidence. Pichai's call for tax system integration and reform reflects a push to realign Thailand with global standards, aiming at fostering sustainable economic development. File photo for reference only -- 2024-09-10 Get the ASEAN NOW daily NEWSLETTER - Click HERE to subscribe -
9
Thailand-China high-speed rail project faces delays
In the brown envelopes will keep coming TT -
11
Is the Tax compliance going to be linked to Visa issuance ?
It creates , clicks and that = traffic on the forum. -
163
Baht becoming ridiculously strong
Let me try to explain. The value of USD is determined by a basket of major currencies and shown on the Dollar Index (DXY) USD is at the top of the FOREX tree. Reserve and major currencies of the world have a one to one or direct relationship with USD so that when USD changes in value, those other major currencies change in value also. This gives us the major currency pairs such as GBP/USD, EUR/USD, USD/JPY and so on, all of which include USD in each pair. Minor currency pairs are the next level down the FOREX tree and they include pairs such as EUR/GBP, EUR/JPY, GBP/CHF etc. The minor pairs are formed between currencies that have a direct one to one relationship with USD but exclude USD in the calculation. Last is the minor pairs or exotics and this includes USD/SGD, USD/HKD, USD/THB, GBP/INR. These are direct pairings between a major currency and a minor currency. Since not every minor currency has a direct relationship with every major currency, cross rates allow a minor or exotic currency such as THB, to be valued against a major currency such as GBP, via the value of USD. What you can see from the above is that whenever USD changes value, every other currency in the FOREX tree changes value also, to a lesser of greater degree, based on its direct or indirect relationship with USD. In the case of minor cross rate such as GBP/THB, that is calculated by multiplying USD/THB by USD/GBP. That means the impact of any value movement in USD, on GBP/THB, can be diluted by counter movements in both GBP and/or THB. Similarly, any movement in THB value can be countered by opposing movements in GBP and/or USD. All of which tries to explain that just because USD changes value to one degree, it may change value against other currencies to a completely different degree. -
204
Any one doing the OMAD diet ( One Meal a Day )
The monks i see in Pattaya aren't obese and i see loads -
1,288
5 year multiple entry DTV visa (Destination Thailand) from 2024-xx-xx
One thing - Everyone has their own situations and nuances but applying for DTV in Laos using a remote employment contract stating a home port of Thailand. Maybe better to just say your original country to avoid issues? -
67
Global YouTuber IShowSpeed Crashes Tuk-Tuk into Temple Wall, During Livestream
And this boob has 20 million followers. A real influenza. -
15
Liz Cheney chooses Harris over Trump. She is an example for other patriotic Republicans
Click on your name in the upper right and look for block list. You need to copy the person's name and them post it in the correct frame and then click add. -
30
THAILAND LIVE Thailand Live Tuesday 10 September 2024
China Expands Approval of Thai Poultry Plants for Export File photo for reference only Thailand's Department of Livestock Development announced today that China's General Administration of Customs (GACC) has approved three additional Thai poultry processing facilities for export. This increases the total number of certified plants to 26, reflecting a strong endorsement of Thailand's stringent control and regulatory systems. Full Story: https://aseannow.com/topic/1337819-china-expands-approval-of-thai-poultry-plants-for-export/ -
1
Border Run for Multi Entry Visa
This thread may provide some options. Personally I would be spending few days in Saigon . Direct flights should be available from CM. https://aseannow.com/topic/1336345-lao-borders-some-at-least-now-requiring-overnight-stay/ -
2
90 Days Report after entering the country
In this thread, there is a message from Immigration that specifically mentions "in-person presentation". So that tells me that a mail filing might not work for that first one after returning, but would for subsequent reports. https://aseannow.com/topic/1331710-in-person-90-day-report-after-international-travel-required/ -
1
Lloyds International Bank Offshore
Just tried and first time when I clicked to ring my number said it had failed. Tried again and the number to input showed up but no call received on my mobile. So yes there are definite issues which weren't there the other week. Have you tried calling telephone banking to inform them?
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now