Showing 1 - 10 of 45
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
Ministry prepares next phase of debt suspension
Business, Wichit Chantanusornsiri, Published on 08/02/2024
» The Finance Ministry plans to launch the second phase of a three-year debt suspension scheme for farmers in April, says Deputy Finance Minister Julapun Amornvivat.
New VAT mulled that targets luxury goods
Business, Wichit Chantanusornsiri, Published on 26/09/2022
» The Finance Ministry is considering the introduction of a two-tier value-added tax (VAT) rate that could generate additional revenue of more than 100 billion baht, says a ministry source who requested anonymity.
Free cash to spur tourism, economy
Business, Wichit Chantanusornsiri, Published on 19/07/2019
» The Finance Ministry is set to dust off a planned cash handout for travel to 55 secondary provinces by including it in the economic stimulus package going before new Finance Minister Uttama Savanayana.
Low-cost homes blocked by loans
Business, Wichit Chantanusornsiri, Published on 16/07/2019
» As many as 80% of loan applications for the state's low-cost housing scheme have been rejected, a hurdle that could force some project developers to stall plans amid subdued demand.
BAAC predicts Democrat farmer policy adoption
Business, Wichit Chantanusornsiri, Published on 20/06/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) expects the new government to adopt a farmers' minimum income guarantee as promised by the Democrat Party, which is tipped to fill the agriculture minister's seat.
State Enterprise Policy Office seeks PPP nod for medical hub
Business, Wichit Chantanusornsiri, Published on 19/06/2019
» The State Enterprise Policy Office (Sepo) will push a medical complex with investment value of 10 billion baht in Bangkok's Chatuchak district to proceed under a public-private joint investment scheme.
FPO seeks buffer for spending delay
Business, Wichit Chantanusornsiri, Published on 17/06/2019
» The Fiscal Policy Office (FPO) is calling for measures to cushion against a postponement of state investment worth 70-80 billion baht stemming from delays in 2020 budget expenditure for 3-4 months.
New government faces tough policy choices
Business, Wichit Chantanusornsiri, Published on 12/06/2019
» More than 100 billion baht a year is needed to fund welfare schemes vowed by the new government, according to Fiscal Policy Office (FPO) estimates.
Slow 2019 start for private investment
Business, Wichit Chantanusornsiri, Published on 08/04/2019
» Concerns have been raised about foreign investment incentives amid prevailing domestic political uncertainty, says Finance Minister Apisak Tantivorawong.