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History of the Stock Exchange of Thailand
Introduction The modern Thai Capital Market traces its origins back to the early 1960s. In 1961 Thailand implemented its first five-year National Economic and Social Development Plan to support the promotion of economic growth and stability as well as to develop the Kingdom's standard of living. Following upon this, the Second National Economic and Social Development Plan (1967-1971) then proposed for the first time that an orderly securities market be established in order to mobilize additional capital for national economic development.
The Revenue Department of Thailand
was founded on the 2nd September 1915 by King Rama VI, following on from King Rama V's visions to establish countrywide infrastructure, and to provide a revenue collection platform in order for Thailand to remain aligned internationally.
Taxation is the main source of government's revenue. A large part of tax collection comes from three main agencies under the Ministry of Finance. These are the Revenue Department, the Excise Department, and the Customs Department - which collectively account for about 85-90% of the government's revenue.
History of Department of Business Development
The Department of Business Development is the department that changed its name from the Department of Commercial Registration according to the reengineering effective from 3 October 2002 as enacted in the Organization of State Administration Act (Fifth Amendment) B.E. 2545 and the Act Amending Ministry, Sub-Ministry and Department B.E.2545.
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