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Projects seeking BoI promotion rise in volume and value

BANGKOK, June 9 (TNA) – The number of projects seeking investment promotions in the first five months of this year reached 507 with an investment value of Bt 172.6 billion,…

Cabinet approves tax measures to revive tourism

BANGKOK, June 8 (TNA) – The Cabinet on Tuesday approved several tax measures to promote tourism in the country in favour of domestic travellers and entrepreneurs, said Deputy Finance Minister…

Condominium projects still show promising growth prospects

BANGKOK, June 8 (TNA) – Condominium projects will continue enjoying the highest growth among other kinds of property projects this year, according to an industry executive. Samma Kittasin, director of…

Former attorney-general appointed to head panel investigating deadly protest

BANGKOK, June 8 (TNA) – The Thai Cabinet on Tuesday resolved to appoint respected former attorney-general Kanit Na Nakorn to head an independent probe of recent clashes between security forces…

Tampered bank notes are declared invalid

BANGKOK, 8 June 2010 (NNT) -The Bank of Thailand has declared the tampered 100-baht bank notes circulated mainly in the Northeast invalid. Users are also subject to prosecution by related…

Economic ministers approve touring receipts for income tax deduction

BANGKOK, 7 June 2010 (NNT) – The Council of Economic Ministers has approved the use of domestic traveling expenses for personal income tax deduction in an effort to bolster the…

Bhumjaithai backs Thanarat Road expansion project

BANGKOK, 7 June 2010 (NNT) – The coalition Bhumjaithai Party has voiced support to the controversial project of the Ministry of Transport to expand Thanarat Road leading to Khao Yai…

Democrat confident in new cabinet line-up

BANGKOK, 7 June 2010 (NNT) – The ruling Democrat Party has expressed its confidence in strong potentials of the new cabinet line-up to administer the country. Democrat Party Spokesperson, MD…

SEC gives green light for foreign companies to register on Thai bourse

BANGKOK, June 7 (TNA) – Thailand’s Securities and Exchange Commission (SEC) is allowing foreign companies which have never registered in any stock market to register in the Stock Exchange of…

BoT disturbed by potential shift of investment

BANGKOK, 7 June 2010 (NNT) – The Bank of Thailand (BoT) expressed concerns over the investment climate in Thailand after the recent protests of the anti-government United Front of Democracy…