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Thailand Set to Proposal Casino Bill, Eyeing Economic Boost
Thailand's government, led by Deputy Finance Minister Chulaphan Amornvivat, is preparing to propose a landmark bill that could see legal casinos established within integrated entertainment complexes by the end of the year. Touted as a strategy to revitalise the nation’s economy, the initiative forecasts the development of multifaceted complexes combining leisure activities with discreet casino operations, capped at ten percent of each venue's function. Investors looking to partake in this venture must back their aspirations with substantial financial credentials, demonstrating a minimum registered capital of 10 billion baht. The commitment includes hefty licensing and annual fees, underscoring the serious investment required for participation. Licenses will span 30 years, with potential extensions of an additional decade. Interest is already cascading in from both domestic and international stakeholders, eager to secure one of the five initial licenses. Potential sites on the table include the historic Nang Loeng Racecourse in Bangkok, the iconic Siam Park City, the strategic U-Tapao International Airport, the bustling Bangkok Mall, and the hospitality jewel, Hua Hin's Proud Group. Together, they promise a blend of casino gaming, lavish hotels, top-notch restaurants, vibrant nightlife, and thrilling amusement parks. Though prospects appear promising, hurdles remain. With licenses for four sites reportedly nearly confirmed, here's an atmosphere of anticipation mixed with scepticism. As this proposal inches closer to reality, it faces staunch opposition from varied sectors resistant to gambling liberalisation. The journey from proposal to praxis involves considerable negotiation, and the bill's success will depend on striking a balance between economic aspirations and social concerns. Thailand's venture into the legalised entertainment complex realm represents a bold step, blending tradition with modernisation. However, any perceived approval of gambling remains restricted strictly within these confines, excluding online or unauthorised venues outside the designated zones. As discussions proceed, eyes will be on the Thai legislature as they navigate this potential economic boon and social conundrum, reported The Pattaya News. Photo: The Pattaya News -- 2024-10-30 -
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Historic Low in Fertility Rates for England and Wales Signals Demographic Shift
Be fair, muslims need to have more children as they keep blowing themselves up -
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Addiction
Hi, I've got rods and screws and fused from T11 to pelvis. As you say back then drs gave you everything. Still try and walk 5 to 6km per day but painfull next day and I take the occasional tramadol too. We'll have to meet up and compare back scars. I've 6. 😉 -
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Visa income observations and TIN application questions
I can NOT answer your specific questions. My understanding is nominally (in the past) to get a Thai tax ID one needs to earn over a certain amount of money in Thailand per calendar (taxation) yet. Recently, there has been a tax interpretation by the Thai revenue department that for any foreign tax resident in Thailand (ie was in Thailand for a cumulative time >180 days in a calender year) who bring foreign income earned after 1-Jan-2024 into Thailand (presumeably if over a certain (small) amount) will in the future have to pay tax (and thus get a tax ID). However if those conditions are not met (for example one is living off of money that was earned BEFORE 1-Jan-2024) then there is no need at present to get a Tax ID. I reside in Thailand > 180 days per calendar year. I do not (yet) have a Thai tax ID> . I had a case where a Canadian bank threatened to suspend my Canadian account if I did not provide a Thai tax ID. Further, I recently opened a new trading account in Canada, and again they advised they would only do so if I provided a Thai tax ID. What I did was provide them my Thai pink-ID #, with a corresponding explanation that this was likely to be my Thai tax ID number, but that it was not yet activated. That explanation and number (for a TIN) was accepted (even thou it is not yet activated). Of course to get a pink-ID one must first get a yellow book, which may not be possible for yourself. I don't know how much (if any) of that was applicable to your situation, given the various details specific to your case. -
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Your experience with the TOT NT Thunder SIM
I get similar speeds on my phone in Bangkok but unfortunately it slows right down in the evenings. You do need the 3CA for decent speeds but unfortunately 4G routers with 3CA seem very expensive. -
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100% of foreign (Thai) agriculture workers were sexually assaulted - Jerusalem Post
The comments say 99 percent male and suggests the females are abuse by Thai men. I don't know but there is something off about this news story -
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Soapbox - The Hitler Game
‘Daddy Was a Member of Hezbollah. He Brought That Danger, Evil Into Their Home,’ Fetterman Says https://vinnews.com/2024/10/28/daddy-was-a-member-of-hezbollah-he-brought-that-danger-evil-into-their-home-fetterman-says/
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Popular in The Pub
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
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