Showing 1 - 10 of 48
Casinos area limited for new project venues
Business, Wichit Chantanusornsiri, Published on 13/05/2024
» The government's planned integrated entertainment complex development project will have a casino component of no more than 5% of the project area, says Deputy Finance Minister Julapun Amornvivat.
State contracts worth B250bn signed
Business, Wichit Chantanusornsiri, Published on 03/05/2024
» Contracts for new investment projects worth 250 billion baht have already been signed following the enactment of the fiscal 2024 Budget Expenditure Act, according to the Finance Ministry.
Thailand begins OECD membership process
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.
Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
Srettha touts land bridge project
Business, Wichit Chantanusornsiri, Published on 26/10/2023
» The proposed land bridge project will be the world's largest megaproject, helping to elevate the Thai economy in the medium to long term, says Prime Minister Srettha Thavisin.
Nation aims to be upper-income by 2027
Business, Wichit Chantanusornsiri, Published on 03/10/2023
» The government will turn Thailand into an upper-income country within four years, says Prime Minister Srettha Thavisin.
PM orders sweeping review of taxes
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» Prime Minister Srettha Thavisin has ordered the Finance Ministry to review the new land and building tax, as well as inheritance tax, in an effort to reduce income disparity.
The untouchable tax
Business, Wichit Chantanusornsiri, Published on 04/09/2023
» Since the introduction of value-added tax (VAT) in Thailand in 1992, no government has dared to increase the rate because of concerns regarding the economic impact, the greater burden in terms of living expenses, and most importantly how politically unpopular such a move would appear.
NESDC downgrades Thai growth for 2023
Business, Wichit Chantanusornsiri, Published on 22/08/2023
» The National Economic and Social Development Council (NESDC) has revised its forecast for this year’s economic growth to 2.5-3%, down from the previous forecast of 2.7-3.7% due to the impact of the global economic slowdown, says secretary-general Danucha Pichayanan.
SME D Bank loans set to reach B70bn
Business, Wichit Chantanusornsiri, Published on 12/07/2023
» Most loans being issued by the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) are to increase liquidity, with only a few for investment as entrepreneurs are still concerned about the unclear political situation, according to president Nartnaree Rathapat.