When purchasing an off-plan condo or house in an official licensed housing or condo development the developer may only pass up to half of the transfer fee (2%) to the purchaser. Underconsumer protection lawsthe developer is responsible in full for specific business tax and income withholding tax...
The government has been at odds with the central bank since returning to power in September 2023. Kittiratt's selection could widen the rift between the central bank and the government led by the Pheu Thai Party, whose leadership has often clashed with the monetar...
Two former central bank governors and economists have criticised the plan as fiscally irresponsible, but the government has rejected those arguments. "You are able to diagnose the issues, but the solution is unclear," said opposition lawmaker Sirikanya Tansakul in response to the ...
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BANGKOK (Reuters) - Thailand's baht is too strong and is affecting exports, which are expected to post only small growth this year, and the central bank should take action on the currency, the commerce minister said on Monday. The Bank of Thailand (BOT) should also cut inte...
The central bank's decision not to change the key rate reflected its perspective of the overall economy, Pichai said. "But what needs to be considered more is the interest rates that the public has to pay. How can we make them less different and more appropriate?...