Tag Archives: corporate minimum tax

Wednesday’s news-Jan 22


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PKK officials make drought plan/British Chamber hosts Networking Night/Expat Tax Changes Explained/Toxic air crisis/Work from home nationwide/PM2.5 impacted 1 million/China outdoes Thailand in PM2.5/Baht projected to strengthen/Cambodian police free kidnapped US man/Foreigners bahaving badly/ECONOMY: 50-Day Deadline for Entertainment Complex/Entertainment complexes law lacks clarity/GDP gain of greater than 3%/Experts advise Thailand to be ready/Pressure on $35B Thai Export Surplus/Thailand to avoid US tariff hit/US out of global corporate tax deal/Industrial estate developers to thrive/Border trade to surpass one trillion baht/Latest e-commerce trends/TOURISM: Focusing on Emerging Markets/Chinese tourism faces sharp decline/Ministry prepares for tourist surge/To push airfare price controls/Thailand tops among ASEAN travelers/Philippines, Thailand Tourism Pact/THAILAND EXPERIENCE: 5 incredible routes to explore/Rain trees of Mae Ngat Somboon Chon Dam/CLIMATE THAILAND: Report links climate change to rising food prices/Eco-friendly farming/Cabinet approves carbon tax/LINKS: Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers

PKK rainfall down 10%, officials make drought plan

Continued …

 

British Chamber hosts Networking Night in Hua Hin Feb 21

The BCCT Connecting Western Seaboard (Hua Hin) event, organized by the British Chamber of Commerce Thailand (BCCT) in cooperation with AMCHAM, Beluthai, DanCham, GTCC, NTCC, Swecham, British Club, Rotary Club of Royal Hua Hin, will be held Friday, Feb. 21, from 6 pm to 9 pm at Pineapple Valley Golf Club Hua Hin.

Admission is Bt1,100 net for members and non-members and includes a buffet and free-flow soft drinks, beer, and wine. Continued …

Thailand Tax Changes Explained: Insights Direct from the Revenue Department

Discover the critical tax changes affecting expats in Thailand in this exclusive interview with a senior officer and a former officer from Thailand’s Revenue Department. They provide clear and concise answers to help clarify the tax obligations of expats.

Carl Turner and Expat Tax Thailand partner Dr. Sarawoot interview senior Revenue Department official Khun Pattharaphon Penjham and former official Khun Thanadet Boonsantia to discuss expat tax obligations in Thailand. Video …

Toxic air crisis: Dust levels ‘red’ in most of Thailand

Ultrafine dust levels were in the red (hazardous-to-health) in 46 out of the 76 provinces and in greater Bangkok this morning, with only 10 provinces reporting moderate to good air quality.

The Geo-Informatics and Space Technology Development Agency (GISTFA) reported at 8am that particulate matter 2.5 micrometrs and less in diameter (PM2.5) was at red levels in 46 provinces and at orange (starting to affect health) levels in 21 provinces. Most were in the central plain, the northeast and the east. Continued …

Toxic air: Thailand considers work from home nationwide

The Ministry of Public Health is set to recommend a nationwide work from home directive next week after PM2.5 ultrafine dust pollution surpassed safe thresholds in nearly every province yesterday, with greater Bangkok experiencing the highest levels.

Public Health Minister Somsak Thepsutin announced that a meeting would be held today to formulate strategies to address the escalating pollution crisis. Among the proposed measures is a nationwide work-from-home policy, which will be presented during the upcoming Cabinet meeting. Continued …

PM2.5 impacted 1 million Thais, cost Bt3 billion last year: Health Ministry

Over 1 million people have been treated for health conditions linked to PM2.5 air pollution in the past fiscal year (October 2023-December 2024), costing the country around 3 billion baht in healthcare expenses, the Public Health Ministry reported on Monday.

A total of 1,048,015 people sought treatment for six PM2.5-related conditions over the 12 months, ranked as follows: Dermatitis (442,073 patients), conjunctivitis (357,104), chronic obstructive pulmonary disease (226,423), asthma (18,336), acute coronary syndrome (4,051), and diseases from direct contact with air pollution (28). Continued …

How China outdoes Thailand in PM2.5 dust war

Sonthi Kotchawat, an environmental and health expert with the Thai Environmental Scholars Assn., posted online: “China declares victory in the PM2.5 dust war with the ‘Blue Skies by 2025’ policy. How did they do it? Meanwhile, Thailand remains at the same point.

“China began its national action plan to tackle air pollution, especially PM2.5 dust, in 2013.” (Editor: It should be noted that Beijing still ranks among the worst air polluted cities in the world.) Continued …

Baht projected to strengthen

The baht is likely to strengthen further after it appreciated beyond 34 to the dollar yesterday, as Donald Trump’s inauguration speech disappointed investors, prompting heavy selling of the dollar for profit-taking, says Kasikorn Research Center (K-Research).

The Thai currency traded at a two-week high of 33.97 to the dollar in early Asian morning trade uesterday, compared with Monday’s close at 34.30, after Trump refrained from imposing tariffs on his first day in office. Continued …

Cambodian police free US man who was kidnapped in Thailand, smuggled across border

Cambodian authorities successfully rescued a man who was kidnapped in Thailand, drugged, and transported to Cambodia, where he was held captive. At the same time, his captors attempted to extort a ransom from his family.

According to the National Police, the victim, identified as Yu Emil, is an American citizen of Taiwanese descent. The rescue operation was conducted on Jan. 15, a day after the victim’s family reported the incident through the Ministry of Interior. Continued …

  • Delivery Rider Killed in Road Rage Incident Involving Indian Driver – Continued …
  • Police Subdue Russian Woman with Rubber Bullets at Phuket Festival – Continued …
  • French Man Arrested in Bangkok for Sharing Explicit Content of Thai Women – Continued …

Thailand’s 50-Day Deadline to Assess Entertainment Complex Proposal

Thailand’s Council of State has been tasked with a 50-day deadline to evaluate the proposed Entertainment Complex Act. This follows the Cabinet’s endorsement of the draft legislation on Jan. 13, setting a potential legislative pathway for casinos to exist within larger entertainment venues.

This legislative proposal, pending since the Cabinet’s nod of approval, is a significant step toward reshaping Thailand’s entertainment landscape. The move envisions turning parts of the country into “man-made destinations” that could accommodate a range of entertainment options, possibly revitalizing local tourism and injecting economic vitality. Continued …

Thailand’s entertainment complexes law said to lack clarity

The Council of State’s six points of concern over the government’s draft law on entertainment complexes may leave certain parties confused, especially those supporting the initiative and wondering about the council’s intentions.

At the heart of the matter is the unclear distinction between a tourist-focused entertainment complex and a broader man-made attraction. This lack of clarity raises fundamental questions: Does an entertainment complex require additional components, such as casinos, to achieve its goals, or should it prioritize scale and structure? Continued …

Ministry eyes GDP gain of greater than 3%

The Finance Ministry expects Thai GDP to grow by more than 3% this year, supported by robust expansion in the first quarter.

According to Deputy Finance Minister Julapun Amornvivat, the first quarter this year should record growth exceeding the first quarter last year as a result of government policies. If the economy performs well in the first quarter, full-year growth should exceed 3%, he said. Continued …

Experts advise Thailand to be ready for economic shifts due to Trump

As U.S. President Donald Trump returns to the White House, several experts are calling on Thailand to implement both short- and long-term strategies to deal with the transition.

At the “Geopolitics 2025-Trump 2.0: The Global Shake Up” forum hosted by Krungthep Turakij yesterday, former foreign minister Parnpree Bahiddha-Nukara said Thailand needs to monitor Trump’s policies closely and see if they become a reality. Continued …

Trump’s Trade Policies Put Pressure on $35B Thai Export Surplus

Thailand’s Ministry of Commerce has launched intensive monitoring of U.S. trade policy changes amid concerns over potential tariff measures, since Donald Trump has started his administration, that could affect its $54.95 billion export market, officials announced yesterday.

Trump pledged in his inaugural address on Monday that tariffs would be coming and said foreign countries would be paying the trade penalties, even though those taxes are currently paid by domestic importers and often passed along to consumers. Trump later said tariffs would “make us rich as hell.”. Continued …

Thailand predicted to avoid US tariff hit

Citi Thailand expects U.S. tariff hikes to have a limited impact on exports, as Thailand is not the main target of American taxation policies. Thailand may be indirectly affected by U.S. tariffs under the Donald Trump administration, said Nalin Chutchotitham, an economist at Citibank Thailand.

“The U.S. tariff policy is unlikely to significantly impact Thailand’s exports, as the country is not a strategic target for U.S. tariff increases,” she said. “However, potential U.S. tariff increases on China warrant monitoring.” Continued …

Trump effectively pulls US out of global corporate tax deal

U.S. President Donald Trump on Monday declared that a global corporate minimum tax deal “has no force or effect” in the U.S,, effectively pulling America out of the landmark 2021 arrangement negotiated by the Biden administration with nearly 140 countries.

Trump, in a presidential memorandum issued hours after taking office, also ordered the U.S. Treasury to prepare options for “protective measures” against countries that have – or are likely to – put in place tax rules that disproportionately affect American companies. Continued …

Industrial estate developers set to thrive

Rental rates for factory and warehouse space are expected to continue rising, but will remain below pre-pandemic levels, unlike industrial land sales, which have recorded strong demand, primarily from Chinese investors who prefer buying over renting.

Sayarm Tongkrabin, head of industrial estate developer ESR Thailand, said while the overall industrial property market was robust last year, sales of industrial land sales represented the most active segment. Continued …

Border trade expected to surpass one trillion baht

Border trade sentiment is positive, with anticipated border export value surpassing 1 trillion baht, up 6.9% year-on-year, according to the University of the Thai Chamber of Commerce (UTCC).

Thanavath Phonvichai, president of the UTCC, presented the results of the initial Foreign Border Trade Sentiment Index, conducted this month with 327 respondents, including 65.7% from provincial chambers of commerce and 34.3% from trade associations. Continued …

Priceza highlights latest e-commerce trends

The e-commerce sector this year is expected to experience fiercer competition, the rise of affiliate commerce and faster delivery service, according to Priceza’s five e-commerce trends for 2025.

The retail sector should continue to grow this year thanks to government stimulus packages, Chayanit Somsuk, analyst at the Economic Intelligence Center of Siam Commercial Bank, told the “Priceza Thailand E-Commerce Trends 2025” forum yesterday. Continued …

Tourism Authority of Thailand Aims for Bt3 Trillion by Focusing on Emerging Markets

The Tourism Authority of Thailand (TAT) has set a target of generating 3 trillion baht in tourism revenue this year. This objective comes as TAT diversifies its focus toward emerging markets like Southeast Asia, India, and Russia, with the aim of reducing dependency on the traditionally strong but unpredictable Chinese market.

TAT Gov. Thapanee Kiatphaibool detailed this strategy, forecasting 2 trillion baht from an anticipated 39-40 million foreign arrivals, alongside 1 trillion baht from 200-220 million domestic trips. She highlighted the need to buffer against risks from China’s fluctuating market conditions amid reports of human trafficking that sullies Thailand’s image as a transit hub. Continued …

Chinese tourism to Thailand faces sharp decline amid safety concerns

Thailand’s tourism sector has suffered a significant setback as thousands of Chinese tourists cancel their travel plans amid growing safety concerns. The cancellations, affecting both chartered flights and hotel bookings, come in the wake of recent incidents involving Chinese nationals in the region.

Tourism Authority of Thailand (TAT) Gov. Thapanee Kiatphaibool reports that around 10,000 Chinese tourists have canceled their visits, primarily affecting chartered flights from second-tier Chinese cities. The situation has been exacerbated by negative social-media coverage in China, particularly regarding cases of human trafficking and fraudulent activities. Continued …

Transport Ministry prepares for tourist surge during festivals

The Transport Ministry has announced readiness to handle an influx of tourists during upcoming festivals, drawing on lessons learned from the recent New Year period. Key measures include increasing flight frequencies and aircraft sizes to address concerns about high ticket prices.

Transport Minister Suriya Jungrungreangkit said the Civil Aviation Authority of Thailand (CAAT) has been instructed to monitor airfares during peak travel periods and work with airlines to increase seat availability. Continued …

CAAT to push airfare price controls before Songkran

The Transport Ministry has ordered the Civil Aviation Authority of Thailand (CAAT) to address the issue of expensive airfares during long weekends and holiday periods to prepare for the Songkran festival in April.

Minister Suriya Jungrungreangkit said yesterday he also instructed the CAAT to develop long-term price control measures to maintain airfares at a suitable ceiling, while prioritizing benefits for passengers. Continued …

Grab survey names Thailand tops as ASEAN travelers’ number one destination

Grab, a leading super app in Southeast Asia, has unveiled the Travel Insights Report 2024, based on a survey conducted among its users across six countries, shedding light on evolving travel behaviors.

The findings reveal that 81% of respondents plan to travel internationally, with over half favo ring nearby destinations within Southeast Asia. Thailand continues to stand out as the most popular destination in the region. The report also highlights key habits of digital-savvy travelers, who increasingly prioritize technology and sustainability in their journeys. Continued …

Philippines and Thailand Forge Tourism Pact Amid Casino Buzz

The Philippines and Thailand have signed a five-year agreement to enhance their travel and hospitality sectors. The accord, formalized on Sunday, comes amidst buzz surrounding Thailand’s potential move to legalize casinos, which could revolutionize its tourism appeal. Currently, the Philippines holds a leading position in the regional casino market, allowing both locals and foreigners unrestricted access to gaming.

This partnership is viewed as a chance to exchange expertise, capitalizing on Thailand’s strengths in cultural and medical tourism, while offering insights into the Philippines’ thriving hospitality industry. Continued …

Thailand itineraries: 5 incredible routes to explore the country

With buzzing cities, 156 national parks, epic islands, and long, beach-fringed coastlines, Thailand offers everything you need for an incredible experience. It’s also a legendary street food destination, with mind-blowing — and often inexpensive — food options waiting around every corner. Work off your meals with trekking, kayaking, white-water rafting and hiking, or just flop on some of the world’s most beautiful beaches.

Whatever you choose to do, Thailand will deliver. That’s why we’ve compiled five itineraries that take you to different parts of the country, including the lush north, Phuket and the islands, the mighty Mekong and more (including Hua Hin). Continued …

The rain trees of Mae Ngat Somboon Chon Dam

Stunning century-old red rain trees that emerge majestically from the waters of Mae Ngat Somboon Chon Dam are the must-see attraction for visitors to Chiang Mai’s Phrao district at this time of year.

This rare phenomenon occurs only when the dam’s water level reaches its peak, submerging the trunks and mirroring their vast canopies as they stretch skywards. But tourists only have a short winter window before water levels fall and this natural wonder vanishes. Continued …

Report links climate change to rising food prices in Southeast Asia

The ASEAN Food and Beverage Alliance (AFBA) recently met with Thailand’s Office of Agricultural Economics (OAE) to discuss findings and recommendations from AFBA’s report, “Climate Change and Food Prices in Southeast Asia”.

The report, published in collaboration with Oxford Economics, examined the impact of climate change on food prices and production costs in five Southeast Asian countries: Thailand, Indonesia, Malaysia, Vietnam, and Philippines. Continued …

Eco-friendly farming aims to heal forests

Over the past few years, the majority of forest land in Nan province has been turned into single-crop plantations to support the livelihoods of more than 150,000 local households whose farming activities involve burning and deforesting.

Nan residents face haze pollution caused by the seasonal burning activities on these farms every year. The deforestation of the province’s mountainous landscape also increases flood risk, leading to a huge economic loss. Continued …

Thai cabinet approves carbon tax

The cabinet yesterday agreed to levy a carbon tax of 200 baht per ton of carbon emissions as part of the country’s efforts to reduce greenhouse gas emissions, said Deputy Finance Minister Paopoom Rojanasakul. The tax, however, will be included in the existing oil tax and will not affect the retail price of oil and oil products, Paopoom said.

The measure is a change in the internal structure of the excise tax that calculates the carbon price embedded in the oil tax, he said. Continued …

Bus Tickets 

Hua Hin-Chiang Mai flight schedule from Oct 27

Thai Airasia has updated its flight schedule between Hua Hin and Chiang Mai (Sunday, Monday, Wednesday, Friday):

Hua Hin to Chiang Mai: Departure 5:15pm, Arrival at 6:30pm

Chiang Mai to Hua Hin: Departure 3:25pm, arrival at 4:45pm

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
  • State Railway – 1590