technorati claim

I'm not quite sure this is the right way to have my blog claimed by technorati

S8TXH93NF9KY

anyone could help me, it shall be appreciated.

Read more >>

Type of Taxation In Lao Law System

Taxation structure and rules are governed by a 1995 Tax Law, which has been four times amended, in 1998, 2001, 2003 and in 2005 and completed by an Implementing Decree and other separate provisions. The 2004 Foreign Investment Law also contains certain tax provisions which apply to foreign investors. Together, these laws and decrees create a single tax regime applicable to all organizations and persons conducting business or working in Laos. The tax regime of the Lao PDR is comprised of direct and indirect taxes. Indirect taxes are business turnover tax and use tax. Direct taxes are profit taxes, income taxes, de minimus taxes and fees.

The regular modifications have not affected the overall taxation system. They were mainly directed on "luxurious" imports, among which tax rates have been increased and new taxes imposed.

Business Turnover Tax ("BTT")
The turnover tax shall be collected upon imports, first time sale of imported goods or domestically produced goods and services. Initially, there were four rates of BTT in Laos. Under the new system as resulting from the latest amendment, two rates are applicable, 5% and 10%, plus a 0% rate for the exempted goods as they are listed in the Tax Law.

For imports, the business turnover tax is paid at the point of importation, while, for domestic transactions of goods/services, it is declared and paid monthly to the tax authority, the month following the collection. The basis of taxation for imported goods is the customs value, plus customs duties, plus excise tax. Tax on services shall be calculated after the completion of the work. All purchases and sales must be substantiated by tax invoices. Importers of goods for resale are allowed to deduct the business turnover tax paid at the point of importation from the monthly business turnover tax transactions assessment. Importers of goods for re-exports are exempt from the business turnover tax.

Excise Tax / "Use" Tax
The excise tax (often referred to as "use tax") is collected on the importation or domestic supplies of petroleum products and selected consumer goods. Like the turnover tax structure, the excise tax structure was also recently modified. The excise tax on these goods ranges from 5% to 90%, depending on the type of goods and on the value declared upon importation or on the ex factory value, if it was produced domestically. Like turnover tax, excise tax is declared to the tax authority either at the point of importation or monthly following the month of production.

Profit Tax
Profit tax is levied on annual net profits derived from business operations, unless the Tax Law or specific agreements with the Lao Government specifically provides exemptions. The annual net profit is calculated on the basis of the difference between the total income and the total deductible expenses of the year. It is payable in advance on a quarterly basis. As an example, at the profit tax rate applicable to Lao-owned companies is of 0% for the incomes not higher than Kip 2,400,000, at rates of 10% to 35% on net profits derived from professional services and of 35% on net profits derived from business operations. The profit tax rates applicable to foreign invested companies vary, subject to the incentives as granted under the 2004 Foreign Investment Law, from 0% to 20%.

Minimum Tax
A minimum tax (also called the "de minimus tax") is applicable to gross turnover of the previous year of those enterprise who do not make a profit, or who make a profit that would create a lower profit tax payment to the Government than the application of minimum tax. Minimum Tax is payable on an annual basis. Even if the year-end financial statement states that the company had losses in its business operations in the previous year, the company must pay its de minimus tax. These minimum rates are:

• For the domestic producer: 0.25% of total revenue of whole year,
  
• For the trading and general services businesses: 1% of total revenue of whole year.

Certain foreign and domestic investors who are exempted from annual profit tax may also be exempted from the minimum tax. Exemption of the minimum tax is also applicable when losses as shown in the company's financial statements are certified by external auditors recognized by the Lao Government.

Income Taxes
Taxes on incomes are comprised of the following:

• Personal Income Tax levied monthly on wages, salaries, bonuses and other emoluments derived from employment in the Lao PDR, at a rate varying from 0 to 25% for Lao employees and at a flat rate of 10% for foreign employees employed by entities licensed under the Foreign Investment Law, which the employers are responsible to collect and to declare to the tax authority;
  
• Tax levied on the incomes generated by licensed intellectual property rights, at a fixed rate of 5%;
  
• Tax levied on the incomes arising from the property of movable capital, including dividends, profits from the sale of shares, interests on loans and guarantee fees at a flat rate of 10%;
  
• Tax levied on the incomes arising from by the property of immovable capital, including lease of constructions, land and other material properties, at a flat rate of 15%; and
  
• Tax on the incomes perceived from non-business entities, such as the mass organizations, at a flat rate of 10%.

Lao Law does not make expressly mention of any "withholding tax" as applicable to entities not established in Lao PDR. However, such taxation is applied in practice under the category of the tax to be levied on incomes arising through licensing intellectual property rights, leasing immovable property, dividends, sale of shares, interest on loans and guarantee fees when this tax is payable by an entity outside of Laos (the entity within Laos making the payment will "withhold" the income tax).

Fees
Government divisions collect fees for issuing tax registrations, licenses to conduct activities, approvals, certifications or registrations of other official documents, the use of roads, the entry into and exit from the country, the issuance of visas to enter and exit the country, residency in Laos, the use of radio and television satellite receivers, the use of television, the affixing of signs advertising goods, shop signs, and other services within the territory of Lao PDR.

The fees for the registration documents are based either on an ad valorem or on a fixed rate, depending on the type of document. Fixed registration fees are minimal, and are generally applicable to documents that do not involve transfer of property (e.g., power of attorney, service and manufacturing contracts).

Other Taxes
Import and Export Duties
Under the Customs Law, all goods, imported or exported, are subject to duties, unless contrary exemptions are provided for by law or by specific agreement with the Lao Government. Export goods are declared at their actual value, whereas import goods are declared at their actual value plus insurance, transportation and other costs. Import and export duties must be paid at the point of importation before the goods can be removed from the customs services. Import duties, like export duties, range from 5% to 40% (except for certain types of goods, notably luxurious goods and vehicles). As previously mentioned, for companies which undertake promoted activities, the import duties may be exempted for certain goods to be used in the production.

Goods exempt from import duties include, among others:

• goods in transit with enclosed circulation permit;
  
• goods to be re-exported in their initial quantity and conditions;
  
• goods to be processed, assembled, improved or repaired, before being re-exported;
  
• personal property of persons temporarily visiting the Lao PDR;
  
• certain types of inherited property;
  
• samples which are not for sale; and
  
• humanitarian assistance materials.

Read more >>

Classic Motorcycle Chapter 3: Best selling automatic motorcycle - NEW YAMAHA FINO 2009 -

This is the last chapter of publishing out story about automatic motorcycle. . . and also this time I'm gonna show and bring you guys to NEW YAMAHA FINO 2009 (shortly called "FINO"). . . the best-selling automatic motorcycle in Thailand and Laos (other countries may not be included, WHATEVER!). . .

Why is FINO the best selling?
Because YAMAHA is the first manufacturer that initially has a really great concept to build this vehicle or something special which looking good, classic, stylish in any angles. . . it seems like FINO is an engineering prototype which could mean significant changes for HONDA Scoopy-i and SUZUKI Jelato to build a finished line. So, FINO is now covered on the most of motorcycle market share.

FINO has a lot of previous generations. However, this post will only describe the latest model which it is FINO 2009.

Let's check it out.

FINO PREMIUM


FINO DISCO


FINO FASHION

SPECIFICATION

• Engine type: 4-stroke SOHC engine with air cooling;
• Cylinder capacity: 113.0 cc;
• Compression ratio: 8.8:1;
• Cylinder x phase hoist: 50 x 57.9 mm;
• Spark plugs: NGK/C7HSA;
• Oil distribution: carburetor KEIHIN NCV24;
• Ignition system: DC-CDI;
• Clutch system: centrifugal automatic dry clutch;
• Engine start type: electric and kicking start;
• Fuel type: octane gasoline or gasohol 91;
• Fuel tank capacity: 4.1 liters;
• Transmission drive: automatic V-Belt;
• End gear ratio: 3.133/3.231;
• Air filter: paper (wet);
• Frame type: steel frame;
• Caster / trail: 26.5 ° / 100 mm;
• Dimension (L x W x H): 705 x 1,830 x 1,050 mm;
• Seat height: 745 mm;
• Ground height: 125 mm;
• Wheel base: 1,240 mm;
• Dry weight: Fino Premium 92/96 kg, Fino Fashion 91/95 kg, Fino Disco 91/95 kg;
• Suspension: front - telecospic, rear - unit swing;
• Brake: front - disc brake single piston, rear - drum brake;
• Tire size: front - 70/90-14M/C 34P, rear - 80/90-14M/C 40P;
• Headlight: 12 volts 32 watts / 32 watts x 1;
• Dry battery.

NEW YAMAHA FINO 2009 TV Commercial

That's it for today, hope you enjoy it.

Read more >>

The death of Thailand by Dr. Nitipoom NAVARATNA (Prediction)

This article explains about the future of Thailand by Dr. Nitipoom NAVARATNA who is correspondent, columnist and reporter; graduated from Moscow University, an institute that Stalin built to dominate the world of contemporary wisdom of hope.

Year 2553 (2010), the end of Thailand.
If you are Thai people, please help reading this which Thai people should know.
Countries in this world have caused a fire at all times, Thailand is not out of the way as well.

Several years ago, Dr. Nitipoom NAVARATNA had a presentation and forecasted that Indonesia would be apart into 6-14 different countries, at that time many of professors laughed their lungs out about what he said. Since 2542 (1999) this prediction started becoming true when Indonesia splited itself into Democratic Republic of Timor-Leste, Aceh and following many territories in near future.

Now this time, on December 11th, 2543 (2000), Dr. Nitipoom NAVARATNA gave speech in public and predicted that Thailand would be divided into 4-6 countries indeed!
This was not unexpected situation, but it happened from such a good reason and exact process.

In 2553 (2010) GATTs would be completely effective, free trade is valid. Various agricultural products in huge quantity imported from foreign countries influx to Thailand.
While Thai farmers would not consume their own agricultural products due to it was more expensive than imported products, one reason that they had the factors of producing fertilizer from foreign, combined with the development of Thai agriculture was going very wrong direction which was a single way like: groups of longan farmer only planted longan . . . people also consumed Vietnamese rice . . . rice farmers had to buy garlic and onion from China . . . shallot and garlic farmers would not buy Thai longan, on the other hand they would import from Korea instead. It was a circuit like this over and over again, eventually Thai corp would be dead and not to sell out.
In next 10 years local genetic would be destroyed by GMOs and then 80% of population was farmer could not be survive.

Financial measure would not work out because the banks owned by foreign investors.
Cost of electricity, oil and telephone would be more expensive because these enterprises owned by foreign investors.
The farmers' vast area would be sold in low price to foreign investors as currently it appeared in eastern part of Thailand, either farmers could not take this money to invest in any kind of businesses because Big C, TESCO LOTUS, Carrefour, KFC, Pizzahat, McDonal, Garment Factory . . . all owned by foreign investors as well.

4 southern provinces (Malaysia border) would be the first to separate from Thailand, following by 4 eastern provinces which owned by foreigners . . . it meant buying Thailand just like U.S. Government bought Alaska from Soviet Union.

Now, it's 2009 . . . it seems like his prediction is right. This moment Thai Government is having a really hard time to serve their country, many problems couldn't be resolved including internal politics disaster (yellow shirt VS red shirt), 3 southern provinces crisis, Cambodia conflict. Let see if Thailand is still Thailand in near future.

Read more >>

Classic Motorcycle Chapter 2: New Suzuki Jelato 125

Suzuki has released the latest motorcycle model to the market, under-named: "New Suzuki Jelato 125" after Honda debuts Scoopy-i. "Suzuki Jelato", a retro motorcycle designing and styling comes with DCP-FI (Discharge Pump Fuel-Injection) Automatic Super CVT, 4 strokes 125 cc taking one step advance over carburetor system and differences with innovative mechanical brain called: ECM which receives digital signal from sensors such as oxygen sensor (O2 Sensor) to measure oxygen, then ECM will prescribe fuel mix ratio and air in proper quantity to burn completely and friendly to the environment through the Exhaust Standard 6th level or equivalent Euro III Standards. The sensors also include TOS sensor to break fuel supply signal off when motorcycle tilts 60 degrees or when accidence happens, so the engine will stop immediately for the highest safety for the rider.

Another features are: large colander air filter (2 layers) produces clean exhaust effectively, aluminum cylinder SCEM ceramic coated for excellent durability. The panel has the light alert FI to let you know the battery's electrical signal strength, cooling system SJSC, Cartridge-Type Oil Filter, Suzuki Jelato also supports gasohol E20.

The external shape, Suzuki Jelato has Multi-reflector headlight like sun lamp sectors 2 pairs, a separate set of taillights, turning signals and license plate light, dividing into 2 series: Three Stars (red jelly, black expresso) and Five Stars (pink strawberry, blue mint, light brown, dark brown chocolate).

New Suzuki Jelato 125 TV Commercial

Please stay tuned for the last chapter.

Read more >>

"Rice For Suture" masterpiece from researchers of Chiang Mai University, Thailand

Today knocking on campus door will bring you to research team from Chiang Mai University, Thailand has just successfully invented "Rice For Suture" which is bandage fiber for suture concentrated from kind of absorbing paddy starch in its natural way.

Assoc. Prof. Dr. Sittiporn Punyanit leads research project under-named: "Absorbable Suture Made From Rice Starch" from the Department of Surgery, Faculty of Medicine, Biomaterial and Medical Device Research Unit, revealed that research team has discovered "Rice For Suture" which is a single fiber to better improve the mechanical properties of the paddy starch polymer film by mixed substance wizard includes Gelatin Carboxymethylcellulose and nanometer sized carbon powder. The research team has also developed a vibration mill grinding method to produce nano-carbon powder from coconut shell. Therefore, once nano-carbon is made to the big volume with low price and high purity of the test wiry drag.

Demonstration clearly added that nano-carbon powder can help improve efficient, durability water and wiry to paddy starch polymer film which found out that suture fiber from paddy starch 1 mm diameter can lift a bottle containing more 400 grams weight. Furthermore the black powder of nano-carbon helps surgeon observes and identifies easily when suture fiber mixes with the blood within the tissues during surgery operation as well.

Read more >>

the Advanced Super Cub, Honda EV-Cub

This here is what Honda hopes is the future of motorcycles. Small, electric and two-wheel drive, the EV-Cub could be ferrying riders around on its retro-styled frame as early as next year.

Like an all-wheel drive car, the 2WD motorcycle offers more stability and traction than its rear-wheel cousins, and may even be easier to learn for the beginner rider. Honda's not alone in the 2WD space, nor is the space really that new—at least for concept vehicles. Big names like Yamaha have also been working on 2WD bikes for the better part of the last decade.

But it's Honda that appears ready to commercialize a 2WD motorcycle, or at the very least an all electric one. The company expects to have an electric bike on the market by the end of 2010, which may or may not be the EV-Cub seen here.

[Gizmodo via Gizmag]

Read more >>

Honda Super Cub PGM-Fi 110i debuts in Japan

Honda Thailand has showed their new standard and quality production so far after exports PGM-Fi fuel injection system spare sets and PGM-Fi engine for the Honda Cubs to Japanese market.

PGM-Fi fuel injection system spare sets and PGM-Fi engine is manufactured by Thai Honda Manufacturing Co., Ltd which send to Kumamoto Factory in Kumamoto City, Japan in order to assemble the new Honda Super Cub PGM-Fi 110i for several years.
Super Cub PGM-Fi 110i engine is 4-stroke 110 cc engine, air-cooled ventilation, PGM-Fi fuel injection system, it's also the latest green technology from Honda for cleaner emission and better fuel efficiency as well.


Super Cub 110i first debut on June 19th, 2009.

It's weird that Super Cub 110i is not available in Thailand by this time while Thailand got raw materials in hands. Anyway some people is still waiting for a good news coming up soon.

Read more >>

Turn On Lamp Is Brought To You By The Letter "Q"

Inspired by the universal symbol for power (or the letter "Q" as it were), designer Marco Lana's rechargeable Turn On lamp can be switched on or off depending on its orientation.

Unfortunately for people named Quincy, Quinton or Quagmire, the Turn On lamp is only a concept at the moment. [via Gizmodo]

Read more >>

Honda Super Cub

Honda Super Cub, (originally the Honda C100 or Honda 50) also known as the Honda Cub, is a 49 cc 4-stroke underbone motorbike first manufactured by the Honda Motor Co., Ltd in 1958. with more than 600 million sold worldwide, it is the best selling powered vehicle of all time. The Honda 50 is still produced today, 50 years after its inception. The variant Honda C90 with a large engine displacement is also still produced. Today, the Honda Super Cub's primary market is in Asia. In the European Union, the Honda Cub has been replaced by the more powerful Honda Wave Series.

the first Honda Super Cub C100

"Super Cub" give a birth to 4-stroke technology

Super Cub was born in Japan in 1958 based on an ideal concept of Soichiro Honda evolving from model "Cub Type F" in 1952 that put an empty bicycle frame installed with running engine as you can see the picture on the left-hand side.

Model History

On August 1958: Sales of Super Cub C100 began (air-cooled 4-stroke, single-cylinder OHV engine, 49cc, 4.5 horse power)

In 1964, two larger engined versions were offered, the CM90 (OHV 87 cc) and C65 (OHC 63 cc) with slight alteration to frame and styling.

In 1966, the whole motorcycle was upgraded, the 50 cc engine going from pushrod 4.5 bhp to SOHC 4.9 bhp (a bored-down C65 engine) called the C50, and similarly the 90 cc was redesigned with an OHC engine called the C90. Though the basic design of Cub remained unchanged, slightly new styling features and improvements were integrated, most visible being the enclosed front forks.
Super Cub C50

In the 1980s, Honda fitted a new capacitor discharge ignition system (CDI) to replace the earlier contact points ignition, thereby helping to meet increasingly strict emission standards in markets such as the US. However, many experts on the Cub testify to the fact that Honda used the CDI system for better reliability and fuel efficiency, with the emissions improvements being an appealing by-product of these goals.

In 1988, Sales of Press Cub began.
Honda Press Cub model 50 cc

In 1997, Sales of Little Cub began.
Little Cub

In 2007, An electronically-controlled fuel injection system, Honda’s PGM-FI, was installed on Super Cub 50, Press Cub 50 and Little Cub in the Japanese market for even cleaner emission and better fuel efficiency.

Other Super Cub models

Honda Super Cub "Street" model 50 cc

Honda Super Cub "Standard" model 50 cc

via: Wikipedia

Read more >>

Sony Walkman A Series From Japan

Here are the S Series big brothers, the new A Series Walkman features a 2.8” OLED screen, supports MPEG-4, AVC and WMV video and MP3, WMA, ATRAC, PCM and AAC audio, PS3 compatible, weights at just 62g. Available in 2 models with pretty impressive colors: NW-A840 (64, 32, 16 GB of internal memory) and NW-A847/V (64 GB of internal memory).

NW-A840
NW-A847/V
Source: SONY JAPAN

Read more >>

Sony Walkman S Series From Japan

Sony Walkman S Series specially features and supports MP3, WMA, ATRAC, PCM, AAC and HE-AAC audio and MPEG-4, AVC, WMV video. The series also includes FM radio tuner and this time only offers a 2” QVGA LCD monitor. Available in 3 models and a wide range of colors: NW-S740 (32, 16, 8 GB of internal memory), NW-S640 (16, 8 GB of internal memory) and NW-S644/PI (8 GB of internal memory).

NW-S740
NW-S640
NW-S644/PI
The S Series is also available with a cute cradle speaker and weights only 53g.


Japan always has something special for you guys!!!

Source: SONY JAPAN

Read more >>

Classic Motorcycle Chapter 1: Honda Scoopy-i Original Fun From Honda Japan Since 1992

The new little cute motorcycle classic range presents Honda Scoopy-i: the lightweight and has a hi-performance engine, the awesomely powerful 110cc automatic 4 strokes, air cooled engine ventilation, PGM-Fi (Programmed Fuel Injection) fuel pump system controlled by computer or Genius ECU (Engine Control Unit) to calculate fuel rate distribution efficiently, powerful, accurately and much more economy just only 49 Km / Liter, also supporting E20.

Honda Scoopy-i TV Commercial

Another fascinating features shown as the below pictures. . . C'mon Let's have fun!!!

Honda Scoopy-i also comes with 3 concepts of colors: Fun (white-red, black-red, blue-black), Cute (green-white, pink-white) and Prestige (white-brown, black-brown).

Fun (white-red, black-red, blue-black)
Cute (green-white, pink-white)
Prestige (white-brown, black-brown)
This vehicle is built and designed for financial crisis moment, you can have it traveled along the road to your work place, market, friends' houses. . . wherever you want to take it to. Clutch-brake-shift gear is waste of time, trying this motorcycle to let you save some money for a vacation because it burns your gasoline in rate 49 Km / Liter, figure out 49 Km is long distance, isn't it?. The most important thing is priceless, it retails for only US$ 1,329.oo

Special thanks: AP HONDA

Read more >>

Sony VAIO X Series, the world's slimmest and lightest notebook

Sony has just launched Sony VAIO X Series Notebook in its range which Sony claimed as the world's slimmest and lightest notebook that weights 1.6 pounds and just about a half-inch thin.

Sony VAIO X Series comes with 2GHz Intel Processor, Genuine Windows 7, 11.1" windscreen display, it measures 12.4" x 9.2" x 0.5", 2GB RAM, available 128GB Solid State Drive, standard and 14-hours large battery, two USB 2.0 ports, Ethernet and a card reader, plus 802.11b/g/n WiFi and Bluetooth, plus built in 3G and GPS.

Sony VAIO X Series starts for $1,299, there is also a signature model which comes in gold and has a 128GB SSD, this model will retail for $1,500.
soure: SONY

Read more >>

Nissan EPORO, ONE STEP FORWARD

(CEATEC JAPAN 2009) -- Last year in CEATEC JAPAN 2008, Nissan had Biomimetic Car Robot Drive "BR23C" concept for the first debut. This year Nissan gets their lil' cute robot upgraded and re-designed called "EPORO" - an advanced robot car concept which uses fish-inspired technology put inside EPORO to travel in a group of like-vehicles by mimicking a school of fish behavior in avoiding obstacles without colliding with each other.


video by engadget

Read more >>