Showing 1-10 of 1,159 results
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Virtual bank licensing criteria set
Business, Wichit Chantanusornsiri, Published on 06/03/2024
» The Finance Ministry has announced the criteria to apply for a virtual bank licence, with initial registered capital set at 5 billion baht.
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Excise Department mulls carbon tax
Business, Wichit Chantanusornsiri, Published on 06/09/2023
» The Excise Department is exploring the idea of a carbon tax for the energy and transport sectors to reduce carbon emissions, says director-general Ekniti Nitithanprapas.
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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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New tax reduction for land and buildings comes into effect
Business, Wichit Chantanusornsiri, Published on 21/03/2023
» A 15% reduction in the land and building tax has taken effect, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
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Instability threatens economic growth
News, Wichit Chantanusornsiri, Published on 27/04/2019
» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.
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Land and building tax discount in effect for 2022
Business, Wichit Chantanusornsiri, Published on 04/04/2022
» The land and building tax is still offering a payment discount this year according to the law passed to ease the burden on landowners, says Finance Minister Arkhom Termpittayapaisith.
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Provident fund contribution delay continues
Business, Wichit Chantanusornsiri, Published on 12/01/2021
» The Finance Ministry has allowed employers and employees to extend halting or delaying provident fund contributions for another six months amid the recent Covid-19 outbreak in Thailand.
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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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Free cash to spur tourism, economy
Business, Wichit Chantanusornsiri, Published on 19/07/2019
» The Finance Ministry is set to dust off a planned cash handout for travel to 55 secondary provinces by including it in the economic stimulus package going before new Finance Minister Uttama Savanayana.
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