Showing 1 - 5 of 5
Incentives for farmers forgoing debt scheme
Business, Wichit Chantanusornsiri, Published on 25/09/2023
» The Finance Ministry is planning to offer incentives to farmers choosing not to enter the debt suspension programme aimed at reducing the government's fiscal burden, according to a ministry source who requested anonymity.
Finance Ministry scraps travel cash for tourists
News, Wichit Chantanusornsiri, Published on 27/04/2019
» The Finance Ministry has scrapped a plan to hand out travel allowances in cash worth 1,500 baht each to about 10 million people for travelling in any of 55 second-tier provinces, part of a scheme to promote domestic tourism in areas not regularly visited be them.
Council of State challenges two-year payback mandate
Business, Wichit Chantanusornsiri, Published on 18/04/2017
» The Council of State has proposed loosening the requirement of a two-year payback for government when it borrows to finance any populist policy, aiming to keep subsequent administrations from running out of resources for investment if the fiscal budget is constrained.
Serious reform bids finally put on the table
News, Wichit Chantanusornsiri, Published on 01/09/2016
» The Ministry of Finance in recent years has come up with numerous fiscal reforms, including new tax measures, aimed to enhance Thailand's competitiveness and strengthen the economy. During this course of reforms, the ministry cannot afford to overlook the need for improved transparency, which is one of the most important reform aspects, within its own organisations.
Conflicts put rating in jeopardy
Business, Wichit Chantanusornsiri, Published on 04/12/2013
» Two international credit rating agencies have warned that Thailand's sovereign rating is at risk if the political unrest is prolonged, says finance permanent secretary Rangsan Sriworasart.