Archive For The “Business News” Category

Finance Ministry May Scrap 15% Tax Exemption On Bank Savings Of Rich People

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Finance Ministry May Scrap 15% Tax Exemption On Bank Savings Of Rich People

The Finance Ministry may scrap tax exemption on interest income of up to 20,000 baht a year after finding small banks advised savers to evade taxes. Finance Minister Apisak Tantivorawong said some small banks have advised their customers to evade the 15% withholding tax when their earned interest income reached 20,000 baht. They told their…

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Government To Allow Long-Term Land Leases For Foreigners

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Government To Allow Long-Term Land Leases For Foreigners

Foreigners may be able to actually own land in Thailand – even if it’s just temporary. Speaking on Thursday night at an estate trade event, finance minister Apisak Tantivorawong said his ministry is studying a way to grant foreigners 50-year leases to Thai land, though the actual plot owners would still need to be Thai…

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Are TrueVisions In A No-Win Situation ?

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Are TrueVisions In A No-Win Situation ?

TrueVisions must be wondering: Why us all the time? Frankly speaking, that’s a legitimate question. Noodle shops can always raise prices without a fuss. A cup of coffee often costs more after three or four years. Sometimes, petrol prices fluctuate almost on a daily basis. Newspapers can reduce the number of their pages to partly…

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Britain Confirms Commitment To Thailand After Brexit

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Britain Confirms Commitment To Thailand After Brexit

  Whilst the British Prime Minister Theresa May was busy in Washington having her successful meeting with Donald Trump the new US President, she had also organized for her Minister for Asia and the Pacific to visit Thailand. Minister Alok Sharma, yesterday reaffirmed Britain’s commitment to Thailand. Sharma, the most senior official in the British…

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Litter Becoming A Problem At The Buriram Khao Kradang National Park

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Litter Becoming A Problem At The Buriram Khao Kradang National Park

This is the wonderful view that visitors are faced with as they approach the steps to the Big Buddha at Khao Kradang National Park before litter rears its ugly head. It is hugely popular with visitors going to see the Big Buddha, as well as people simply wanting to use the steps to keep fit….

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Fox Sues Bangkok Bank

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Fox Sues Bangkok Bank

BANGKOK Fox Networks Group Asia has taken legal action against Bangkok Bank, Thailand’s biggest lender, over its failure to honour more than $71 million in guarantees it had made for licensing payments by two Thai pay-TV operators. One of the TV operators, CTH, went out of business in September while the other, GMM Grammy, shut…

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Breaking News – Fake 1000 Baht Banknotes In Circulation

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Breaking News – Fake 1000 Baht Banknotes In Circulation

A major police bust is being reported on social media regarding the confiscation of bank notes from China. Thai media are reporting today that everyone needs to be vigilant and on the lookout for fake 1,000 and 500 baht banknotes. The forged 1,000 baht notes are easy to spot as they all have the same…

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Investors For Prime Land Active Again In Buriram

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Investors For Prime Land Active Again In Buriram

  Although the new housing property market has remained buoyant in Buriram this year, land sales and prices slowed which in turn cooled the market. However  speculation that manufacturers are looking to relocate to Buriram has brought investors back in, which has seen some movement in the land market over recent weeks. Buriram has been…

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Outstanding Business Opportunity In Buriram

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Outstanding Business Opportunity In Buriram

The “Buriram Times” are pleased to feature another interesting investment opportunity in the City. This property and business offers a solid investment along with a great return on capital. Buriram is a major University City, and are committed to improving facilities in the education sector they are already implementing huge extension plans within the campus….

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Want A New Phone Number?…………Then Read On

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Want A New Phone Number?…………Then Read On

Are you one of those people who have trouble remembering your own phone number ? If you are then your problems could soon be over……if you have 20 million baht to spare !! The National Broadcasting and Telecommunications Commission (NBTC) are auctioning 16 numbers  which will be a piece of cake to remember. The “second…

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