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Friday, May 3, 2024

Thailand avoids recession

Thailand avoids recession Thailand’s economy grew by a mere 0.9 percent in the second quarter of this year, on a seasonally adjusted basis, according to...

Insurance industry expects declines this year

Insurance industry expects declines this year The Thai Insurance Brokers Association recently announced predictions that the overall market for insurance in the country is likely...

Taxation fraud to lead to assets freeze

Taxation fraud to lead to assets freeze The National Council for Peace and Order (NCPO) recently agreed to draft a bill which would permit the...

Cash advances on credit cards creeping up

Cash advances on credit cards creeping up ‘Maxing out’ a credit card might seem a very Western phenomenon, but it seems more and more...

The second half is looking promising

The second half is looking promising The governor of the Bank of Thailand, Prasarn Trairatvorakul, was recently quoted as saying he believes the second half...

Capital gain . . . but more tax than your company bargained for

Capital gain . . . but more tax than your company bargained for   What people commonly suspect in the Thai real estate market is that...

Annual Balance Sheet

Annual Balance Sheet By: Magna Carta Law Office   A Balance Sheet is a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a...

AEC will lead to changes in property investment

AEC will lead to changes in property investment The advent of the Asean Economic Community (AEC) is having quite an effect already on the...

Fuel tariff for electricity jumps 21 percent

Fuel tariff for electricity jumps 21 percent The Energy Regulatory Commission (ERC) lifted the fuel tariff for electricity by 10 satang per kilowatt hour at...

Budget Bureau prepares a two-year backup plan

Budget Bureau prepares a two-year backup plan With government spending currently being one of the prime engines driving the economy, the Budget Bureau has been...