Showing 1-10 of 22 results
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Somkid: Coalition to put off investors
Business, Wichit Chantanusornsiri, Published on 14/03/2019
» Deputy Prime Minister Somkid Jatusripitak is concerned that a fractured coalition will delay the formation of the next government and dampen investor confidence.
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FPO proposes debt test to screen welfare smartcard recipients
Business, Wichit Chantanusornsiri, Published on 14/12/2018
» The Fiscal Policy Office (FPO) has floated the idea of adding debt burden to the criteria in screening recipients for the government's welfare and subsidy scheme for the poor in an effort to weed out cheats.
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Deductions for political contributions approved
Business, Wichit Chantanusornsiri, Published on 09/10/2018
» The Revenue Department is allowing tax deductions for contributions to political parties, with a cap of 10,000 baht for individual taxpayers and 50,000 baht for companies.
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Populist budget close to legal limit
Business, Wichit Chantanusornsiri, Published on 14/08/2018
» Little room remains in the budget for the government to spend further on populist policies through state-owned financial institutions, as populist spending is nearing the cap of 30% of the annual budget, says an informed source at the Finance Ministry.
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Ministry says 5% growth possible
Business, Wichit Chantanusornsiri, Published on 27/07/2018
» Thai GDP growth of 5% is likely this year if the global economy's performance and state spending outpace expectations, the Finance Ministry says.
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VAT return scheme for poor shaping up
Business, Wichit Chantanusornsiri, Published on 12/07/2018
» The planned repayment of value-added tax (VAT) to government welfare smartcard holders is expected to take shape by the end of this year, a move meant to improve their purchasing power.
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Infants' tax credit aims to reverse ageing tide
Business, Wichit Chantanusornsiri, Published on 06/12/2017
» The Revenue Department is set to allow individual taxpayers to double the child allowance claimed for the second child onward to 60,000 baht each as part of fresh efforts to reverse the demographic shift towards an ageing society.
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Reserves eyed for loans
Business, Wichit Chantanusornsiri, Published on 15/02/2017
» The Finance Ministry has proposed amending the law governing treasury reserves to allow the state to use excess reserves for soft loans to develop the country.
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Yingluck's rice compensation order signed
Business, Wichit Chantanusornsiri, Published on 19/10/2016
» Deputy Finance Minister Wisudhi Srisuphan and finance permanent secretary Somchai Sujjapongse have signed an administrative order seeking 35.7 billion baht in compensation from former prime minister Yingluck Shinawatra over her alleged dereliction of duty in the loss-ridden rice-pledging scheme.
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B127bn earmarked for rice scheme
Business, Wichit Chantanusornsiri, Published on 04/11/2016
» The government's scheme to delay releasing 10 million tonnes of new rice supply to the market, aimed at propping up sinking prices, will use a combined 127 billion baht in loans and subsidies, says the chief of the Bank of Agriculture and Agricultural Cooperatives (BAAC).
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