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Stories that are tagged 'Thailand'

ASEAN, World Bank Monitor Progress To AEC
5/17/2012
The Secretariat of the Association of Southeast Asian Nations and the East Asia and Pacific Region of the World Bank have signed an agreement for the World Bank to provide advisory services to ASEAN to strengthen its capacity to monitor progress towards achieving the ASEAN Economic Community.
US Issues Annual IPR Country Report
5/3/2012
The Office of the United States Trade Representative has released its annual ‘Special 301 Report’ on the perceived adequacy and effectiveness of US trading partners’ protection and enforcement of intellectual property rights (IPR).
ASEAN, EU Confirm Importance Of FTA Talks
5/2/2012
When the foreign ministers of the Association of Southeast Asian Nations and European Union held a meeting in Brunei on April 27, emphasis was laid on the on-going negotiation of free trade agreements between the two regions.
ASEAN Enhances Patent Cooperation Programme
5/2/2012
As announced by the Association of Southeast Asian Nations Intellectual Property Offices, their Patent Examination Co-operation (ASPEC) programme has now been enhanced, after a regular review at a working group meeting in Bangkok in November last year.
Results Of Annual US Review Of Telecommunications Trade Agreements
4/10/2012
United States Trade Representative Ron Kirk has announced the results of the 2012 annual review of the operation and effectiveness of telecommunications trade agreements under Section 1377 of the Omnibus Trade and Competitiveness Act of 1988.
WTO Members Pressure Argentina On Trade Policy
4/9/2012
At the Council for Trade in Goods meeting on March 30, 2012, fourteen World Trade Organisation members jointly expressed their deepening concern about Argentina’s import-licensing measures, which were said to have significantly restricted trade flows.
ASEAN Comprehensive Investment Agreement Enters Into Force
4/9/2012
At the recent 20th Association of Southeast Asian Nations Summit in Phnom Penh, Cambodia, its leaders welcomed the entry into force of the ASEAN Comprehensive Investment Agreement.
APEC Focuses On Trade And Investment
4/6/2012
The Asia-Pacific Economic Cooperation is moving ahead with cooperative efforts to evaluate and identify initiatives to support freer, faster and more beneficial trade in the region that will lead ultimately, it is hoped, to a Free Trade Area of the Asia Pacific.
ASEAN Reaffirms Commitment To AEC By 2015
4/4/2012
In Phnom Penh, on April 3-4 2012, at the 20th Association of Southeast Asian Nations Summit, its member states acknowledged the significance of the progress that has been made in the implementation of the roadmap towards an ASEAN Economic Community by 2015.
Thailand Boosts Tax Incentives For Flood-Hit Companies
3/29/2012
In addition to other emergency measures to help companies and entrepreneurs affected by Thailand’s recent floods, the Board of Investment will provide further corporate income tax exemptions for businesses in the badly-affected Pathum Thani and Ayutthaya provinces.
Canada To Negotiate FTAs With Thailand, Japan
3/27/2012
During the visit of Stephen Harper (pictured), the Canadian Prime Minister, to South-east Asia, he has announced, together with Yingluck Shinawatra, the Prime Minister of Thailand, and Yoshihiko Noda, the Prime Minister of Japan, that Canada will pursue bilateral free trade agreements with both countries.
Thai Stock Exchange Calls For CGT Relief
3/20/2012
The President of the Stock Exchange of Thailand, Charamporn Jotikasthira, has disclosed that he will request that the Ministry of Finance exempt investments made through the intra-Association of Southeast Nations trading platform from capital gains tax.
Thailand Shelves VAT Hike
3/16/2012
Thailand’s Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong has said that the government has no intention of increasing the country’s value added tax rate.
ASEAN Economic Community On Track For 2015
2/29/2012
The Association of Southeast Asian Nations economic ministers, at the conclusion of their meeting in Myanmar, noted the developments in the implementation of various initiatives aimed at establishing the ASEAN Economic Community in 2015.
APEC Business Leaders Push Asia-Pac FTA
2/29/2012
The Business Advisory Council of the Asia-Pacific Economic Cooperation is focused on taking further steps towards realizing the goal of an integrated Asia Pacific economy, and on liberalizing and facilitating trade and investment, leading ultimately to a Free Trade Area of the Asia Pacific.
Thailand Increases Bank Tax
2/16/2012
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.
Thailand Considers Further Tax Relief For Flood Victims
12/26/2011
Thailand's Finance Minister, Thirachai Phuvanatnaranubala, has disclosed that further tax relief, for both individuals and companies affected by the country’s recent floods, will be proposed for Cabinet approval shortly.
Singapore Tops Asia-Pac 'Good Governance' Index
12/14/2011
Vriens and Partners, an Asia-focused corporate advisory firm, has issued its 2011 ‘Good Governance for International Business’ index of 19 economies in the Asia-Pacific region, in which Singapore has edged out Hong Kong for the number one position.
WTO Points To Thailand's Complex Tax, Tariff Structure
12/5/2011
A report from the Secretariat of the World Trade Organization, forming the basis of the sixth review of the trade policies and practices of Thailand which took place at the end of last month, points out, in particular, the complex and time-consuming systems that exist for paying taxes and tariffs in the country.
Thailand Confirms Import Tariff Exemptions
11/30/2011
To help businesses with plants damaged by the floods in the country, Thailand’s government has approved the waiving of duties on their imports of machinery and spare parts, until the end of June 2012.
China Pushes For Faster Asian Trade Liberalization
11/22/2011
China’s Premier Wen Jiabao, in his speech to the 14th Association of Southeast Asian Nations Plus Three Summit in Bali on November 18, 2011, proposed that the participating countries should look to accelerate and deepen regional trade liberalisation and facilitation.
APEC Approves Cross-Border Privacy Rules
11/18/2011
The Asia-Pacific Economic Cooperation group has approved a new initiative to harmonize cross-border data privacy protection, which is designed to enhance the protection of consumer data that moves between its members, including the United States, at a time when more consumer information is moving across national borders.
APEC Looks At Regional Economic Integration
11/17/2011
Under the chairmanship of US President Barack Obama, the leaders of the Asia-Pacific Economic Cooperation group, at their recent meeting in Hawaii, adopted the ‘Honolulu Declaration’, which looks towards a 'seamless regional economy', by strengthening regional economic integration and expanding trade, promoting green growth, and advancing regulatory convergence and cooperation.
Philippines, Thailand Agree Trade Dispute Settlement
10/20/2011
Filipino and Thai authorities have agreed to a timeframe for the implementation of a resolution following a ruling from the World Trade Organization's Dispute Settlement Board in favour of the Philippines in its action against tax and customs procedures applied in Thailand on imported cigarettes.
Thailand Ranked Top Expat Destination
10/7/2011
Despite ongoing economic turmoil and political unrest in many parts of the world, a preview of HSBC's 2011 Expat Explorer survey shows that expats remain generally happy in their new countries, with Thailand topping the list of the most popular expat destinations.
Thailand Considers Radical Tax Reforms
9/30/2011
In addition to recently-announced plans to increase national minimum wages and reduce corporate income tax rates, and to provide a tax break for first-time home buyers, Thailand’s Finance Minister, Thirachai Phuvanatnaranubala, has disclosed that the new government is undertaking a review of the whole of the country’s tax code.
Thailand To Cut Corporate Tax
9/23/2011
Thailand’s new government has re-confirmed its intention to reduce the rate of corporate income tax in order that businesses would be able to cope with the higher costs arising from its policy of increasing the country’s national daily minimum wage.
EU-Singapore Trade Pact In The Offing
9/8/2011
Following his meeting with Singapore's Prime Minister Lee Hsien Long, the President of the European Commission, Jose Manuel Barroso (pictured) said that a comprehensive Free Trade Agreement between the EU and Singapore will likely be finalized 'very soon'.
Thailand Introduces Temporary Cut In Oil Levy
8/30/2011
On August 26, Thailand’s Committee on Energy Policy Administration decided to cut the collection from refineries of the Oil Fund levy on diesel and petrol products.
Cost Of Thailand's Planned Corporate Tax Cut Put At USD5bn
8/8/2011
The Director General of Thailand’s Revenue Department, Satit Rungkasiri, has disclosed that it has been estimated that the new government’s corporate tax reduction policy will reduce the country’s tax revenue by some THB150bn (USD5bn) in the three fiscal years from 2012 to 2014.
Thailand's SMEs Unaffected By New Policies
8/4/2011
Thailand’s Office of Small and Medium Enterprises Promotion has expressed the opinion that small and medium enterprises in the country would not be much affected by the policies of the new government to increase the minimum wage and reduce corporate income tax.
EU IP-Related Seizures Surge
7/20/2011
According to the European Commission's annual report on European Union customs enforcement, more than 103m products suspected of violating intellectual property rights were seized at Europe's external borders in 2010.
EFTA Unveils Progress On FTAs
6/23/2011
Following a recent gathering of European Free Trade Association ministers in Schaan, the Liechtenstein administration announced details of the signing of a free trade agreement with Hong Kong.
APEC Stresses Doha Urgency
5/24/2011
A major negotiating breakthrough is required if the Doha Round is to reach a successful conclusion, with many gaps remaining unbridgeable, the Asia-Pacific Economic Cooperation organization has said.
ASEAN Bloc Tackles Trade Obstacles
5/13/2011
Indonesian Minister of Finance Agus Martowardojo has urged members of the ASEAN trade bloc to implement reforms to establish greater financial sector integration between nations, including through easing tax and non-tax barriers and setting up frameworks to mitigate criminality.
Moves To Strengthen SMEs In ASEAN
5/10/2011
In the run-up to the 18th Association of Southeast Asian Nations Summit later this month in Jakarta, more than 200 participants from the business community, government and academia, have met in a major symposium to formulate concrete recommendations on what can be done to strengthen small and medium-sized entities in the region.
EU Striving For ASEAN Trade Deal
5/9/2011
Karel De Gucht, the European Commissioner for Trade, in his closing remarks to the first ever Association of Southeast Asian Nations-European Union Business Summit, has said that the European Commission’s ultimate goal is a free trade agreement with the region.
APEC Business Leaders Call For Free Trade Deal
5/3/2011
The APEC Business Advisory Council, formed of business leaders from the 21 economies of the Asia-Pacific Economic Cooperation have recommended, during a recent meeting in Seoul, that concrete steps should be taken to realise a Free Trade Area of the Asia-Pacific.
Thailand Approves Tax Break For Foreign Actors
4/14/2011
To promote the increased use of Thailand as a site for international film-making, and support movie production in the country, the government has agreed a tax break for foreign actors.
ASEAN Establishes Tax Forum
4/11/2011
Following a meeting in Indonesia, the Finance Ministers of the Association of Southeast Asian Nations have established a forum on taxation involving the tax authorities of all member states.
Thailand Looks At Corporate Tax Reduction
3/23/2011
The Prime Minister Abhisit Vejjajiva has disclosed to the Federation of Thai Industries, at a recent seminar, that the government will look at reducing Thailand’s corporate tax rate to counterbalance a prospective increase to minimum wages.
ADB Says Asian FTAs Need Consolidation
1/25/2011
A new book from the Asian Development Bank and the Asian Development Bank Institute considers that Asia is benefiting hugely from the many free trade agreements reached over the last decade, but that the region now needs to consolidate those agreements.
Thailand Pledges Not To Increase VAT Rate
12/15/2010
In a rebuttal of some media reports, Thailand’s Prime Minister, Abhisit Vejjajiva, has confirmed that the government still has no plans to increase the country’s value added tax from its present rate of 7% to 10%.
Thailand Readies Tax Breaks For MAI Listings
12/7/2010
Thailand’s Finance Minister, Korn Chatikavanij, has indicated that the government would be prepared to renew tax incentives for small and medium-sized enterprises looking to list on the country’s Market for Alternative Investment.
Thailand Studies Tobin Tax
11/29/2010
Thailand’s central bank governor, Prasarn Trairatvorakul, has said that it is possible that other measures could be used to discourage the inflow of speculative short-term foreign funds in the country, including a financial transactions tax on currency transactions.
Thailand Looks At Corporate Income Tax Cut
11/19/2010
Thailand’s Finance Ministry is undertaking a review of the country’s tax structure, which could see a significant reduction in corporate and personal income tax rates together with a rise in the rate of value added tax.
APEC Commits To Free Trade
11/12/2010
Trade and foreign ministers of the 21 Asia-Pacific Economic Cooperation member nations recommended the extension of the commitment to a standstill on new trade and investment barriers until the end of 2013, and confirmed that concrete steps should be taken to realise a Free Trade Area of the Asia-Pacific.
Japan Bids To Join Pacific Trade Area
11/10/2010
Japan's Prime Minister Naoto Kan has indicated that Japan is willing to participate in talks on joining a free trade pact with the Trans-Pacific Partnership as discussions begin in Yokohama at the 21-member Asia-Pacific Economic Cooperation forum.
Thailand Taxes Government Bonds
10/14/2010
The Thai government has removed a withholding tax exemption on the trading of government bonds as it seeks to contain a sustained rise in the value of the nation's currency, the baht.
APEC Officials Focus On Free Trade
9/29/2010
Asia-Pacific Economic Cooperation officials met recently in Japan to discuss key reports and recommendations on enhancing regional trade and economic integration that will be submitted to leaders and ministers of its member economies when they meet in November this year.
Asia-Pacific Business Leaders Commit To FTAAP
8/31/2010
The Business Advisory Council of the Asia-Pacific Economic Cooperation has affirmed its belief that making progress on a Free Trade Area of the Asia Pacific presents the best strategy for achieving regional growth.
Thailand Proposes Tax Breaks For Foreign Films
8/27/2010
To promote the increased use of Thailand as a site for international film-making, and support movie production in the country, the government has proposed tax incentives for foreign actors and filmmakers.
ASEAN Ministers Review Free Trade Progress
8/27/2010
The meeting of the Association of Southeast Asian Nations Economic Ministers, held on August 24-25, 2010, in Da Nang, Vietnam, reaffirmed their resolve to ensure the realization of the ASEAN Economic Community in 2015.
Thai Businesses Urged To take Advantage Of FTAs
8/16/2010
A certain lack of knowledge within Thailand’s business community about the opportunities offered by Thailand’s existing free trade agreements with Australia and New Zealand, and by South Korea’s similar agreement with the Association of Southeast Asian Nations, has been identified by the government.
Thailand VAT Hike Ruled Out
7/14/2010
Thailand’s Prime Minister, Abhisit Vejjajiva, has ruled out an increase in the rate of value added tax, either this year or next.
EU And Singapore Edge Closer To FTA
7/8/2010
It has been disclosed that negotiations on the proposed free trade agreement between Singapore and the European Union are proceeding well, and that it could be completed as early as next year.
Hong Kong To Implement DTAs
7/8/2010
Orders made to implement double taxation agreements with Brunei, the Netherlands and Indonesia for the avoidance of double taxation and the prevention of tax evasion have been gazetted.
APEC Commits To Regional Free Trade
6/7/2010
In a statement issued after the close of two-day talks in Sapporo, Japan, Asia-Pacific Economic Cooperation trade ministers announced progress in achieving their goals of free and open trade, and in advancing regional economic integration, including exploring possible pathways to a Free Trade Area of the Asia Pacific.
APEC To Explore Asia-PAC Free Trade Area
6/2/2010
As trade ministers from the Asia-Pacific Economic Cooperation group prepare for their annual meeting on June 5 and 6, its Business Advisory Council has delivered a set of recommendations, including the creation of an Asia-Pacific free trade area.
Thailand To Cut Tax For Regional HQs
5/31/2010
Thailand’s Deputy Finance Minister, Pradit Phataraprasit, has disclosed that the government plans, from June 1 this year, to provide substantial tax incentives for domestic and foreign companies establishing regional headquarters in the country.
Thailand And Chile To Talk Trade
5/17/2010
As proposed by the Ministry of Commerce, Thailand’s Cabinet has approved the future negotiation of a bilateral free trade agreement with Chile.
India Seeks ASEAN FTA Expansion
5/7/2010
Following the entry into force of India’s free trade agreement in goods with the Association of Southeast Asian Nations from January 1 this year, the Indian government is now lobbying for its extension to trade in services.
China Remains Atop US IP Watchlist
5/4/2010
The Office of the United States Trade Representative has released its annual 'Special 301' Report on the adequacy and effectiveness of US trading partners’ protection of intellectual property rights, which again highlights the prominence of concerns with regards to lax enforcement of IP laws in China.
ASEAN Summit's Commitment To The AEC
4/12/2010
The Association of Southeast Asian Nations member states, meeting in Vietnam for the 16th ASEAN Summit on April 8-9, 2010, reaffirmed their strong commitment to speed up the effective implementation of the roadmap towards an ASEAN Economic Community.
World Bank Pushes Asian Integration
4/9/2010
The World Bank’s recent East Asia and Pacific Economic Update, entitled ‘Emerging Stronger from the Crisis’, looks for deeper regional integration in the area, particularly through the Association of Southeast Asian Nations and its regional free trade agreements.

 

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