The Excise Department is proposing the cabinet conclude the Government’s first-car buyer tax rebate policy within the 2015 fiscal year.
The Director General of the Excise Department, Somchai Poonsawad, said that initially the cabinet didn’t set a definite period for the project; concluding the policy would simplify the rebate payment process, and enable the government to allocate funds for the scheme. He also said eligible policy participants should claim their purchased vehicles by September.
On April 28th, the government approved 3.1 billion baht out of a requested 8 billion baht to pay the tax rebates, surmising that the amount would be completely spent before the next government was formed. The Excise Department now has an 8.2 billion baht budget to make the payments when the approved sum is added to the remaining 5.1 billion baht, effectively enabling the department to make the payments until July. Mr. Somchai said his department is due to pay 3 billion baht in rebates on Friday, May 9th.
According to a recent finding of the Kasikorn Research Center Company Limited, the number of Thai laborers working abroad has declined sharply, revealing that the figure dropped from 202,416 in 1999 to 130,511 in 2013.
The Ministry of Commerce will be holding a seminar for local business operators with an aim to prepare them for the upcoming ASEAN Economic Community (AEC).
The PDRC has refrained from protesting today, as they are eagerly awaiting the constitutional court’s ruling on Prime Minister Yingluck Shinawatra’s case in relation to the transfer of NSC Chief Thawil Pliensri.
The Department of Civil Aviation (DCA) plans to invest a billion baht in upgrading the old and constructing new regional airports under its supervision, as part of its preparation for the expansion of domestic routes after the formation of the ASEAN Economic Community next year.
The Center for Economic and Business Forecasting (CEBF) of the University of the Thai Chamber of Commerce (UTCC) says the Thai economy may have passed its lowest point and will bounce back if no political violence occurs.
The Transport Minister has traveled to quake-hit Chiang Rai in order to assess the total damage the recent earthquake has caused to the northernmost region.
Wat Rong Khun, one of the most beautiful modern temples in Thailand, has reportedly been badly damaged by the recent quake in Chiang Rai province.
The Seismological Bureau of the Meteorological Department has reported that more than 100 aftershocks were detected as a result of the Chiang Rai quake that struck in the evening of April 5th.