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- Eric Kuypers: SiamTon, no one is obliged to mention their savings in this blog and neither is Nick. If the man had a ton of surplus value
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Home » Economy » Helping hand for affected businesses
Helping hand for affected businesses
With a package of support measures, the government is helping the badly affected business community and hopes to restore investor confidence.
The measures include loans with an extended repayment period and tax deductions for losses over a longer period.
The Board of Investment will propose to the cabinet to scrap import duties on spare parts and raw materials, which are used to replace equipment damaged by the water. The BoI will also assist in arranging work permits and visas for foreign experts to assist with recovery efforts. And the BoI is proposing to scrap the corporate tax for investors who benefit from BoI privileges. The BoI also has a lot in store for the managers of the industrial estate.
The Federation of ภาษาไทย Industries proposes the creation of an Industrial Sector Rehabilitation Committee chaired by the Prime Minister. Twenty government departments should participate in this. What the business world is especially curious about, says the chairman of the FTI, is how the government plans to alleviate losses from future floods. According to the chairman, the new rainy season will start when the committee has finished its work.
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