Showing 1 - 10 of 10
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.
PM promotes Thailand as financial hub
Wichit Chantanusornsiri, Published on 19/07/2024
» Prime Minister Srettha Thavisin delivered a keynote address at the Finance Ministry's "Ignite Finance" Initiative on Friday, part of his "Ignite Thailand" vision to position the country as a global financial hub.
Cabinet set to approve assistance for farmers
Business, Wichit Chantanusornsiri, Published on 13/07/2024
» Measures to address public debt and support the agriculture sector are likely to be implemented soon, says Deputy Finance Minister Julapun Amornvivat.
Ministry suggests stimulus efforts have generated B65bn
Business, Wichit Chantanusornsiri, Published on 12/07/2024
» The government's real estate stimulus measures have already injected about 65 billion baht into the economy, according to the Finance Ministry.
Developing a strategy resilient to risk
Business, Wichit Chantanusornsiri, Published on 15/06/2024
» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.
Trying to create a fairer property tax
Business, Wichit Chantanusornsiri, Published on 13/06/2024
» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.
Official urges courage in tax assessment
Business, Wichit Chantanusornsiri, Published on 10/06/2024
» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.
Land and building tax collection to tally B43bn this year
Business, Wichit Chantanusornsiri, Published on 29/05/2024
» The Finance Ministry expects collection of the land and building tax this year to total 43 billion baht, 8 billion higher than last year as the tax discount is discontinued.
A lever to capture corporate tax scofflaws
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.
More local input needed to adjust tax law
Business, Wichit Chantanusornsiri, Published on 17/05/2024
» Local governments must play a greater role in amending the land and building tax law, which has been in effect for five years, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.