Showing 1-10 of 13 results
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VAT refunds surge after reopening
Business, Wichit Chantanusornsiri, Published on 31/05/2023
» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
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1.9m sign up for domestic travel perk
Business, Wichit Chantanusornsiri, Published on 16/07/2020
» More than 1.9 million people signed up for the "We travel together" tourism stimulus package as of 6pm on the first day of registration, a scheme devised to promote local travel as the industry has been battered by the pandemic.
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Striving for a more balanced economy
Oped, Wichit Chantanusornsiri, Published on 14/05/2020
» In its bid to alleviate the economic damage from the coronavirus pandemic through the 1-trillion-baht borrowing scheme, the Prayut Chan-o-cha government aims to provide immediate relief to millions who are in trouble, and also restore the grassroots economy, with a view to better balancing the economic system, so it depends less on exports and tourism.
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Govt debt ratio hike 'won't hurt monetary, fiscal discipline'
Wichit Chantanusornsiri, Published on 31/05/2019
» The government's move to raise its off-budget debt commitment as a proportion of the national budget from 5% to 8% will not have any effect on monetary or fiscal discipline, according to an adviser to the Public Debt Management Office.
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Customs eager to extend pre-arrival processing
Business, Wichit Chantanusornsiri, Published on 28/08/2019
» The Customs Department intends to extend Pre-Arrival Processing (PAP) service, which transmits customs declarations and import documents to customs authorities electronically before the goods arrive in the destination country for cross-border land transport.
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FPO rehashes bill to levy pollution tax
Business, Wichit Chantanusornsiri, Published on 19/02/2019
» The Fiscal Policy Office (FPO) has dusted off a bill that enables the Finance Ministry to impose taxes and fees on polluters in a fresh effort to fight environmental problems.
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Tax refund filers up 300,000 to 3.5m
Business, Wichit Chantanusornsiri, Published on 07/01/2017
» The number of individual taxpayers who will claim refunds of personal income tax for the 2016 tax year is expected to increase by 300,000 from the previous year, largely due to a series of extra tax breaks, says the Revenue Department.
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SME Bank told to fix lending procedures
Business, Wichit Chantanusornsiri, Published on 23/09/2013
» Bank of Thailand has suggested the Small and Medium Enterprise Development Bank of Thailand (SME Bank) close off loopholes that could enable corrupt loans.
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SME Bank might be better off closing its doors
News, Wichit Chantanusornsiri, Published on 26/09/2013
» I wonder who is in greater need _ Thai small businesses or the state bank set up to help them?
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Day of reckoning nears for flawed rice scheme
News, Wichit Chantanusornsiri, Published on 23/05/2013
» It seems like the line drawn in the sand is fading with each day. Policymakers had previously insisted that the 500-billion-baht allocation to the rice pledging scheme was enough to ensure financial self-sufficiency for the programme.
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