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Bringing a degree of clarity to the yet-to-be-ratified Thai Gov’t measures aimed to support debt restructuring
Articles - 2020-06-08

Bringing a degree of clarity to the yet-to-be-ratified Thai Gov’t measures aimed to support debt restructuring

There appears to be some confusion among businesses in Thailand as to the prospects for support measures from the Government of Thailand aimed at debt restructuring to tackle the economic effects of COVID-19.

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Exemption of annual fees for factory business operators
Articles - 2020-06-08

Exemption of annual fees for factory business operators

Due to the recent outbreak of coronavirus disease 2019 (COVID-19) in Thailand, the economic downturn has negatively affected various stakeholders and actors across the economy, especially in industrial and manufacturing sector. Consequently, many factory operators have been suffering from a decrease of income and increase of cost of production.

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A Discussion on Managing Uncertainty for Decision Makers
Articles - 2020-05-08

A Discussion on Managing Uncertainty for Decision Makers

COVID-19 has drastically changed the global economic outlook, and now more than ever, it is important to balance realism with optimism.

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Development of electronic meetings in Thailand
Articles - 2020-05-08

Development of electronic meetings in Thailand

Further to the recent outbreak of coronavirus disease 2019 (COVID-19) in many countries, including Thailand, the Thai government has enacted the Emergency Decree on Electronic Meetings B.E. 2563 (2020) which allows the company to hold the meetings via electronic media without the requirement for the attendees to be physically present in Thailand nor to be in the same meeting room.

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News - 2020-04-21

The latest COVID-19 Business Support Measures Report

The latest COVID 19 - BUSINESS SUPPORT MEASURES report (dated: 9th April 2020) prepared by the JFCCT, providing a summary of Thai Cabinet approved relief measures for Thai companies to support the economy during COVID 19 crisis on 10 March and 24 March 2020, as well as an additional Corporate Compliance Summary and comments on the State of Emergency declared by PM Prayut Chan-o-cha.

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Articles - 2020-04-17

Payment of salary compensation from the Social Security Fund for low paid workers effected by COVID-19

The following summarises the 2 (two) new Social Security changes to Social Security Fund legislation to provide greater support for the payment of salary compensation for employees (NB: most acutely focused on low paid workers) effected by COVID-19, which has already passed approval from the Thai Cabinet and has been officially announced in the Social Security Fund website (https://www.sso.go.th/wpr/main)

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News - 2020-04-07

Cyber Roundup - March 2020

With the exception of the last bulleted item about the proposed federal Data Protection Agency, this month’s edition of Cyber Roundup soberly sets out various cybercrimes that are morphing into even more destructive acts, resulting in ever-expanding harm to businesses and individuals.

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Articles - 2020-04-07

Impairment Testing 101

Economic crises and / or recessionary environments typically cause reductions in the future expected economic returns of assets which leads to the need for asset impairment tests. Impairment tests provided by independent expert are considered more reliable, accurate and inspire shareholder and / or investor confidence. PKF Thailand has developed an in-depth understanding of the valuation methodologies for a multitude of assets and a strong ability to address key concerns of auditors and regulators.

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Articles - 2020-04-07

Cash is King

The rapid spread of anti-corona virus measures around the world has already had a significant effect on the ability of businesses to continue to function. The total effect varies significantly by industry and by country. Entertainment, hospitality and retail are struggling to survive, and many businesses will simply not make it. Companies in developed countries can expect a higher level of government support than will perhaps be available in South East Asia.

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Articles - 2020-03-10

Update on how to best use RMF, SSF and Life Insurance

Are you minimising your tax and maximising your benefits? Our tax team provide an update of how to best use the RMF, SSF and Life Insurance schemes to maximise your Personal Income Tax savings in 2020.

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