Showing 1 - 10 of 841
China seen as keeping Thai inflation low
Business, Wichit Chantanusornsiri, Published on 24/09/2024
» Thailand's rate of inflation is not a major concern as China is currently "exporting deflation" globally, according to the chairman of the state planning agency.
Ministries told to expedite investment outlay
Business, Wichit Chantanusornsiri, Published on 21/09/2024
» The Comptroller-General's Department has set an ambitious disbursement target for investment budgets in fiscal 2025, aiming for 75-80% of the total investment budget.
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.
Fiscal 2025 public debt estimated at 66% of GDP
Business, Wichit Chantanusornsiri, Published on 19/09/2024
» The level of public debt for fiscal 2025 is projected at 66% of GDP, which is below the fiscal sustainability threshold of 70%.
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.
Measures afoot to aid loan defaulters
Business, Wichit Chantanusornsiri, Published on 10/09/2024
» The Finance Ministry is preparing measures to assist debtors who have defaulted on their home and car loans after a rise in non-performing lending in these segments.
Official backs negative income tax concept
Business, Wichit Chantanusornsiri, Published on 09/09/2024
» Finance permanent secretary Lavaron Sangsnit has voiced his support for the negative income tax (NIT) scheme, which would provide welfare payments to workers, also known as workfare, when their income falls below a specified threshold.
Private investment falls sharply in Q2
Wichit Chantanusornsiri, Published on 03/09/2024
» Private investment contracted significantly in the second quarter, primarily due to a decline in investment in commercial vehicles as financial institutions tightened lending, according to the Finance Ministry.
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.
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).