From July 31, 2012, all banks in Thailand will have to pay an increased levy to help fund the public debt that arose out of financing their rescue during the 1997 Asian financial crisis. In order that the government will be able to borrow additional
Thailand’s government has approved the waiving of duties on their imports of machinery and spare parts, until the end of June 2012. The measure was taken to help businesses with plants damaged by the floods in the country. The measure will cover
To cope with the higher costs arising from its policy of increasing the country’s national daily minimum wage the new government of Thailand has re-confirmed its intention to reduce the rate of corporate income tax. The government expressed
