In acknowledgment of the proposal presented by the Ministry of Labor, the Cabinet has taken note of the announcement from the Wage Committee regarding the 13th edition of standard wage rates on September 29, 2566. This announcement is intended for publication in the Royal Gazette for subsequent enforcement. Key Points: The 21st Wage Committee has […]
The Cabinet has approved the fundamental principles of the draft law amending the Civil and Commercial Code (Version ..) B.E. …. (Equal Marriage), as proposed by the Ministry of Justice. This proposed amendment aims to expand the legal recognition of marriage to include couples of any gender, allowing any two individuals to engage in engagement […]
In a bold move aimed at elevating Thailand’s position as an attractive destination for foreign investments, the Eastern Economic Corridor (EEC) has recently approved a comprehensive package of incentives. These include a 10-year visa, streamlined work permit procedures, and an enticing 17% flat tax rate for foreigners engaging in the EEC’s strategic economic activities. The […]
The recent decision by the Cabinet, upon the proposal of the Ministry of Foreign Affairs, to approve and support the Economic Cooperation Framework between Indonesia and the Pacific (IPEF) stands as a pivotal step toward fostering economic resilience, particularly in strengthening the robustness of supply chain systems. This resolution underscores the commitment to join and […]
In an era marked by the ominous specter of climate change, international cooperation in mitigating greenhouse gas emissions has become an urgent necessity. As articulated in the Paris Agreement, the world has set an ambitious goal of achieving Net Zero emissions by 2050. This collective effort involves countries working together to reduce their carbon footprints […]
The Revenue Department of Thailand has undertaken a concerted effort to promote the adoption of a digital tax system within the country. This initiative is aimed at streamlining tax administration processes, particularly focusing on enhancing the efficiency of the value-added tax (“VAT”) refund system. According to Mr. Lavaron Sangsnit, the Director-General of the Revenue Department, […]