Showing 1 - 10 of 21
Finance minister urges sovereign credit rating upgrade
Business, Wichit Chantanusornsiri, Published on 20/09/2024
» Thailand's sovereign credit rating should be upgraded, as the government's interest payment burden is relatively low, says Finance Minister Pichai Chunhavajira.
Finance Ministry to define stock portfolio
Business, Wichit Chantanusornsiri, Published on 18/09/2024
» The Finance Ministry expects to manage its stock portfolio valued at roughly 400 billion baht, planning to potentially sell off certain portions, according to finance permanent secretary Lavaron Sangsnit.
Finance Minister calls for tax system rejig
Business, Wichit Chantanusornsiri, Published on 10/09/2024
» Thailand needs to integrate its entire tax system, as the country's current personal and corporate income tax rates remain higher than the international standards, according to Finance Minister Pichai Chunhavajira.
B300 billion in state spending seen as a tonic
Wichit Chantanusornsiri, Published on 05/09/2024
» The Ministry of Finance expects more than 300 billion baht in government funds will be injected into the economy during the final quarter this year, pushing GDP growth to the anticipated range of 2.7% to 3%.
Small firms feel the pinch amid an array of challenges
Business, Wichit Chantanusornsiri, Published on 31/08/2024
» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.
Poor may be priority for digital handout
Business, Wichit Chantanusornsiri, Published on 30/08/2024
» The digital wallet handout may be distributed first to groups of people that most need it for spending to inject money into the economy towards the end of this year, says caretaker Deputy Finance Minister Paopoom Rojanasakul.
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
Hunting for a place at the financial table
Wichit Chantanusornsiri, Published on 16/08/2024
» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.
Retirement lottery to the rescue
Business, Wichit Chantanusornsiri, Published on 25/07/2024
» It is alarming that nearly half of the country's workforce, comprising 37.5 million people, lacks a retirement savings plan.
Bad debt spike blamed on drop in spending
Business, Wichit Chantanusornsiri, Published on 22/07/2024
» An increase in non-performing loans (NPLs) during the first seven months of this year primarily stems from wholesale and retail businesses, according to the Small and Medium Enterprise Development Bank of Thailand (SME D Bank).