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Home » Investment

400 million baht plan for Information and Communication Technology centres nationwide

Friday, June 19, 2009
400 million baht plan for Information and Communication Technology centres nationwide

The Ministry of Information and Communication Technology will request a 400 million baht budget from the government to set up community ICT centres in all districts across the country.

See the original post:
B400m plan for ICT centres nationwide

More about Thailand business

Regulatory uncertainties and multiple bureaucratic processes are costly for firms in Thailand and affect their investment decisions. Regulations and bureaucratic procedures that firms have reported in the 2007 Survey as severely affecting their businesses and investment decisions were mainly on delays in tax refunds, uncertainties around the time taken to clear customs or obtain permits and certifications, and uncertainties around regulatory policies. The delays in tax refunds referred to both value-added tax refunds and import tax refunds for exporters.

The Revenue Department and Customs Department have been introducing programs and employed internet-based services to reduce the time taken to do so. However, few firms have participated in these programs or have benefited from the services. On the other hand, the average number of days needed to clear import customs or obtain permits is not exceptionally high in Thailand compared to other countries.

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