Bangkok, March 23, 2011 ? An SEC record of 2010 showed growth in the provident fund (PVD) industry with 1,765 employers offering provident funds with employee?s choice, accounting for 17.7 percent of
employer?s contribution to raise employee?s savings without requiring employer?s additional contribution. At present, the law prescribes that employer shall pay the contribution into the fund at the rate not
employee in the portion of the employee’s saving separately from the employer’s saving, specifying the employer’s duty to notify the fund manager of an employee’s membership termination or the employee’s
1st quarter 2018. The increase in the cost of sales ratio is due to the increase from the annual increase the employee’s benefit of labor cost. 3. The Group’s selling and administrative expenses for the
; (8) the provisions regarding the rules, procedures and period of time for the payment upon termination of an employee’s membership or upon dissolution of the fund pursuant to Section 25; (9) the
effective. In the first quarter of the fiscal year 2019, according to an actuary hired by the company to review the calculation of employee accrued benefits, and the Labor Protection Act (No. 7), B.E.2562
of the fiscal year 2019, according to an actuary hired by the company to review the calculation of employee accrued benefits, and the Labor Protection Act (No.7), B.E.2562 (2019) issued in the
, according to an actuary hired by the company to review the calculation of employee accrued benefits, and the Labor Protection Act (No.7), B.E.2562 (2019) issued in the Government Gazette on April 5, 2019 on
facilities. 2) Provision for bad debt amounted to 15.2 mil. baht from employee’s fraudulence. …………./2 Page 2 3) Loss on exchange rate amounted to 9.1 mil. baht from foreign currency deposit account as we