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THAILAND

'Digital lottery' to curb illegal sales

News, Wichit Chantanusornsiri, Published on 22/12/2021

» The Government Lottery Office (GLO) plans to provide digital lotteries to curb certain vendors selling government tickets at inflated prices.

THAILAND

Co-payment scheme may be extended

News, Wichit Chantanusornsiri, Published on 14/01/2021

» The Finance Ministry is looking at the possibility of rolling out a third phase of the "Khon La Khrueng" co-payment subsidy scheme which has been welcomed by consumers and small-scale traders.

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THAILAND

Predee quits finance post

News, Wichit Chantanusornsiri, Published on 02/09/2020

» Finance Minister Predee Daochai has resigned after only 26 days in the job in the wake of a reported conflict with his deputy over the appointment of the director-general of the Excise Department.

THAILAND

Govt accord set to tackle tax evasion

News, Wichit Chantanusornsiri, Published on 15/06/2020

» The Revenue Department has signed an agreement on mutual tax cooperation with 160 countries -- a move that will enable Thailand to tackle tax evasion by foreign e-service providers.

THAILAND

B5,000 cheats media hungry, official claims

News, Wichit Chantanusornsiri, Published on 02/05/2020

» Finance permanent secretary Prasong Poontaneat said he was worried that "some" people who are now gathering in front of the Finance Ministry to demand 5,000 baht per month in aid are not really in need and may even be exploiting the media exposure and people's goodwill.

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THAILAND

Finance Ministry mulls handouts for farmers

News, Wichit Chantanusornsiri, Published on 10/04/2020

» The Ministry of Finance on Thursday met to hash out details of a planned cash handout for almost nine million farmers to inject liquidity into the economy amid the slowdown brought on by the Covid-19 outbreak.

THAILAND

Govt debt ratio hike 'won't hurt monetary, fiscal discipline'

Wichit Chantanusornsiri, Published on 31/05/2019

» The government's move to raise its off-budget debt commitment as a proportion of the national budget from 5% to 8% will not have any effect on monetary or fiscal discipline, according to an adviser to the Public Debt Management Office.

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THAILAND

Beauty from the most basic grain

Business, Wichit Chantanusornsiri, Published on 10/10/2018

» Rice has long been a farm-to-table product in Thailand, but it has become an increasingly popular ingredient in cosmetics and skincare items such as serums, eyeliner and face masks thanks to innovation, creating value-added products.

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THAILAND

Fears of Chinese putting squeeze on durian market

Business, Wichit Chantanusornsiri, Published on 05/07/2018

» China's growing thirst for the king of fruits has built Thai durian farmers' wealth in recent years, but the dominance of Chinese traders has made dealers nervous about the possibility of price collusion.

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THAILAND

Environmental tax could cut e-waste

Business, Wichit Chantanusornsiri, Published on 28/06/2018

» The Finance Ministry has floated the idea of imposing an environmental tax in a bid to reduce electronic waste.