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Corporate tax-cut momentum grows

Published on July 5, 2008

The Industry Ministry and the Board of Investment (BoI) will push for a cut in corporate income tax to bring it close to neighbouring countries, as proposed by the Joint Foreign Chambers of Commerce in Thailand (JFCCT).

Industry Minister Suwit Khunkitti did not elaborate yesterday, but said the BoI would clear business obstacles to lure more foreign investment.

JFCCT chairman Nandor G von der Luehe said the government's attempts to smooth obstacles would boost investor sentiment. - The Nation

Property watch

The government is closely monitoring the property market in preparation for action if it is adversely affected by high oil and raw-material prices, Finance Minister Surapong Suebwonglee said yesterday. - The Nation

Resignation agreed

Airports of Thailand's board on Thursday approved president Chana U-sathaporn's resignation, effective on August 5.

Replacing him is Serirat Prasutanont, currently Suvarnabhumi Airport's general manager.

Chana will not receive compensation. - The Nation

CAT approves sale

CAT Telecom's board yesterday approved a plan to sell its entire 42-per-cent stake in Thai Mobile to TOT in a deal worth Bt2.4 billion. - The Nation

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Corporate tax-cut momentum grows
The Industry Ministry and the Board of Investment (BoI) will push for a cut in corporate income tax to bring....
New Viera models from Panasonic
Panasonic has set aside a marketing budget of Bt300 million to promote its 12 new Viera plasma and LCD TV....

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Corporate tax-cut momentum grows

The Industry Ministry and the Board of Investment (BoI) will push for a cut in corporate income tax to bring it close to neighbouring countries, as proposed by the Joint Foreign Chambers of Commerce in Thailand (JFCCT).

OTHER BUSINESS

Corporate tax-cut momentum grows

New Viera models from Panasonic

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