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Showing 1 - 10 of 53

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GENERAL

Developing a strategy resilient to risk

Business, Wichit Chantanusornsiri, Published on 15/06/2024

» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.

GENERAL

More local input needed to adjust tax law

Business, Wichit Chantanusornsiri, Published on 17/05/2024

» Local governments must play a greater role in amending the land and building tax law, which has been in effect for five years, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

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GENERAL

Fiscal 2024 budget disbursement expedited

Business, Wichit Chantanusornsiri, Published on 27/02/2024

» The Finance Ministry has issued measures to expedite the disbursement of the fiscal 2024 budget, requiring the contract of new investment projects be signed by July, says Deputy Finance Minister Krisada Chinavicharana.

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GENERAL

Call to revamp procurement rules

Business, Wichit Chantanusornsiri, Published on 23/01/2024

» The Finance Ministry has ordered the Comptroller General's Department to amend procurement regulations in order to expedite the disbursement of the fiscal 2024 budget which could be delayed by 7-8 months, says Deputy Finance Minister Krisada Chinavicharana.

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INVESTMENT

Ministry keeps an eye on debentures

Wichit Chantanusornsiri, Published on 10/01/2024

» The Finance Ministry is closely monitoring problems with corporate debenture repayments, says permanent secretary Lavaron Sangsnit.

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GENERAL

Pork smugglers facing crackdown

Business, Wichit Chantanusornsiri, Published on 17/10/2023

» Over the past three years, there has been a 20-fold increase in the number of arrests made for the smuggling of pig products.

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GENERAL

Ministries assess land and building tax

Business, Wichit Chantanusornsiri, Published on 16/10/2023

» The Finance and Interior ministries are jointly assessing problems and obstacles related to the enforcement of the 2019 Land and Building Tax Act, says Fiscal Policy Office director-general Pornchai Thiraveja.

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GENERAL

Mee Tee Mee Ngern seeks top 5 status

Business, Wichit Chantanusornsiri, Published on 09/08/2023

» Mee Tee Mee Ngern Co, a Government Savings Bank (GSB) subsidiary, aims to be among the top five domestic land collateral loan businesses by the end of next year, says chief executive Isara Wongrung.

BUSINESS

New measures to help SMEs in state auctions

Business, Wichit Chantanusornsiri, Published on 14/07/2023

» The Comptroller-General’s Department has issued measures to help small and medium-sized enterprises (SMEs) gain access to government auctions, aiming to deter large firms disguised as SMEs from participating in them, says comptroller-general Kulaya Tantitemit.

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PROPERTY

New tax reduction for land and buildings comes into effect

Business, Wichit Chantanusornsiri, Published on 21/03/2023

» A 15% reduction in the land and building tax has taken effect, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.