Showing 1 - 10 of 20
The untouchable tax
Business, Wichit Chantanusornsiri, Published on 04/09/2023
» Since the introduction of value-added tax (VAT) in Thailand in 1992, no government has dared to increase the rate because of concerns regarding the economic impact, the greater burden in terms of living expenses, and most importantly how politically unpopular such a move would appear.
Balancing act in bid to raise revenue
Business, Wichit Chantanusornsiri, Published on 17/01/2022
» The government is inching towards imposing taxes on some products and ending tax waivers to ensure fiscal stability and expand the tax base.
Managing public debt and personal time
Business, Wichit Chantanusornsiri, Published on 01/02/2020
» Although women are increasingly taking the reins at corporations, they still make up a small share of those occupying senior civil service positions. But Thai-Spanish Patricia Mongkhonvanit has managed to enter those ranks.
Analyst favours widening taxable income bands
Business, Wichit Chantanusornsiri, Published on 03/10/2019
» Widening taxable income bands for middle-income earners could be an appropriate means to alleviate the tax burden for this group, stemming criticism that the government's personal income tax reform will favour high-income earners, says a tax analyst.
BoI urged to revise PPP incentives
Business, Wichit Chantanusornsiri, Published on 27/08/2019
» The Public-Private Partnership (PPP) committee has proposed the Board of Investment (BoI) revise the investment incentive criteria to enable public-private joint investment in social infrastructure projects to enjoy the privileges to attract investors.
Bridging the generation gap in public service
Business, Wichit Chantanusornsiri, Published on 11/05/2019
» Job advertisements that showed senior and junior public servants working together at the Fiscal Policy Office (FPO), later circulated through social media to entice millennial talent to the Finance Ministry's think tank, provide a window into the modern-day management practices under Lavaron Sangsnit's leadership.
FPO mulls calculation for welfare
Business, Wichit Chantanusornsiri, Published on 09/03/2019
» The Fiscal Policy Office (FPO) is studying whether the budgets for fiscal 2019 and 2020 are sufficient to finance the welfare policies promised by political campaigns.
TCG assigns B10bn for self-employed
Business, Wichit Chantanusornsiri, Published on 22/02/2019
» The state-owned Thai Credit Guarantee Corporation (TCG) has set a 10-billion-baht credit guarantee for motorcycle taxi drivers and self-employed workers to help them better access loans from financial institutions.
TDRI urges higher VAT to solve disparity
Business, Wichit Chantanusornsiri, Published on 15/12/2018
» The Thailand Development Research Institute (TDRI) has proposed that the government raise the value-added tax (VAT) to finance welfare and subsidy schemes for the poor after finding that current outlays are insufficient to address income disparity.
Apisak expects slower Thai growth in 2019
Business, Wichit Chantanusornsiri, Published on 13/12/2018
» The Thai economy in 2019 will slow down from this year, with the US-Sino trade rift a drag, but growth of 4% is still possible, says Finance Minister Apisak Tantivorawong.