Thailand ups tax benefits to boost investment projects
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THAILAND on Tuesday approved more tax incentives to accelerate private investment this year and next, the finance minister said, as the military government tries to get a sluggish economy back on track.
The army seized power in May 2014 to end months of political unrest but has struggled to revive Southeast Asia's second-largest economy, with exports and domestic demand weak. The junta has focused on driving investment.
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