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THAILAND

Tax breaks for New Year's shoppers could reach B30,000

Business, Wichit Chantanusornsiri, Published on 28/11/2016

» Tax breaks for the festive season will be more aggressive this year, doubling to 30,000 baht per shopper, says a senior official at Finance Ministry.

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THAILAND

Officials to keep an eye on lottery sales

Wichit Chantanusornsiri, Published on 08/11/2016

» Plainclothes police and military officials will be sent to monitor major lottery markets to ensure tickets are sold at no more than 80 baht a pair as prices have begun to increase again.

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THAILAND

Makkasan land handover hits obstacle

News, Wichit Chantanusornsiri, Published on 12/09/2016

» The planned handover of the 497-rai Makkasan area by the State Railway of Thailand (SRT) to the Finance Ministry to clear huge debts has been suspended until legal concerns are settled.

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THAILAND

PPP scheme on fast track

Business, Wichit Chantanusornsiri, Published on 30/10/2015

» The Finance Ministry has created a checklist for investment projects under the public-private partnership (PPP) programme as a way to get projects to start in nine months, says Ekniti Nitithanprapas, director-general of the State Enterprise Policy Office (Sepo).

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THAILAND

Better lottery ticket access for retail vendors

Business, Wichit Chantanusornsiri, Published on 03/09/2015

» The board of the Government Lottery Office (GLO) has approved the allocation of an unlimited number of lottery tickets to retail vendors.

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THAILAND

VAT trawl nets big fish

Business, Wichit Chantanusornsiri, Published on 15/06/2015

» Since value-added tax (VAT) was introduced in 1992, there have been several cases of false refunds, but the offenders, especially the big fish, always managed to slip through authorities' fingers.

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THAILAND

Number's up for unscrupulous lottery ticket sellers

News, Wichit Chantanusornsiri, Published on 04/06/2015

» Lottery ticket traders from Wednesday face tough requirements to sell lottery tickets at 80 baht a pair or face asset probes and severe punishment.

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THAILAND

Top income tax rate likely cut

Business, Wichit Chantanusornsiri, Published on 28/04/2015

» A tax reform roadmap, which cuts the maximum personal income tax rate and tax deductions and allowances and includes a proposed housing and land tax, is expected to be completed by November.

THAILAND

B17bn rice loan eases pressure on government

News, Wichit Chantanusornsiri, Published on 15/02/2014

» The caretaker government has secured a loan of 17 billion baht from the Government Savings Bank (GSB), which will be used to distribute overdue payments to rice farmers.

THAILAND

Taking stock of rice woes

News, Wichit Chantanusornsiri, Published on 24/07/2013

» The rusted metal door rolls upward with a groan, as if reluctant to give up its secrets. The light rays entering the dark cavern flicker with haze and dust mites, and our nostrils wrinkle from the musky odours that assault our senses.