Showing 61 - 70 of 1,410
Baht boosted by foreign investors
Business, Wichit Chantanusornsiri, Published on 12/01/2023
» The stronger baht is the result of foreign investors' confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith.
Oil Fund borrowing bumps up public debt-to-GDP ratio
Business, Wichit Chantanusornsiri, Published on 12/01/2023
» Thailand's public debt-to-GDP ratio rose to 61.4% in fiscal 2023, above an earlier estimate of 60.4%, after the inclusion of the Finance Ministry's total guarantee for the Oil Fuel Fund's borrowings -- tallying 110 billion baht -- in the country's public debt management plan.
State key to stimulating expansion
Business, Wichit Chantanusornsiri, Published on 03/01/2023
» The acceleration of state investment in 2023 should provide a tailwind to propel economic growth momentum, says Finance Minister Arkhom Termpittayapaisith.
End of share sales tax waiver
Business, Post Reporters, Published on 30/12/2022
» The end of the waiver for the financial transaction tax on stock sales is scheduled to take effect in 2023, increasing the country's revenue as part of a tax system overhaul.
Long arm of the law affects all
Business, Published on 30/12/2022
» With the economy on a recovery path, 2022 offered a roadmap for various industries to grow and cash in on near-term opportunities. For some sectors, a lack of supervision stymied potential development. As new rules are imposed and others expire, businesses and individuals need to adapt because the government is desperate for higher tax revenue.
Current account deficit of $400m reported in November
Reuters, Published on 29/12/2022
» The country recorded a current account deficit US$400 million in November after a revised surplus of $600 million the previous month, the Bank of Thailand said on Thursday.
Fiscal policy plans endorsed by cabinet
Business, Published on 28/12/2022
» The cabinet yesterday approved the medium-term fiscal policy for fiscal 2024-2027, with the aim of achieving a significant reduction in the budget deficit in 2024 to ensure fiscal stability.
Govt sets budget deficit limit at 3% of GDP for fiscal 2024
Published on 27/12/2022
» The government is planning to keep its budget deficit to no more than 3% of gross domestic product in the 2024 fiscal year, the finance minister said on Tuesday, aiming for a deficit of 593 billion baht.
New Year govt gift bonanza
News, Published on 21/12/2022
» The government will roll out a package of stimulus measures as "New Year gifts", including tax rebates for shoppers, reductions in land and building taxes, and property transaction fees to boost public consumption and the economy over the coming year.
Govt approves tax break to boost public consumption
Reuters, Published on 20/12/2022
» The cabinet on Tuesday approved a tax measure to help boost public consumption starting in January to support the economy as it recovers, a government spokesperson said on Tuesday.