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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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NEWS

Retail prices for cigarettes under review

Business, Wichit Chantanusornsiri, Published on 15/01/2018

» The Excise Department is discussing the legality of prohibiting cigarette importers from setting their retail prices below the prices listed before Sept 16, 2017, the first day the new excise tax came into force.

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BUSINESS

Revenue probes zero-dollar tours

Business, Wichit Chantanusornsiri, Published on 26/09/2017

» The Revenue Department is probing tax evasion from more than 10 zero-dollar tour companies, with the combined amount of tax evasion estimated at 10 billion baht.

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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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OPINION

Citizens shoulder burden of vast state debt

News, Wichit Chantanusornsiri, Published on 11/06/2015

» Bad policies formulated by previous governments including the previous government's rice scheme have left the country in financial trouble, owing some 720 billion baht.

BUSINESS

Proposed land tax to be reviewed

Business, Wichit Chantanusornsiri, Published on 05/01/2012

» The Finance Ministry will review a proposed land and building tax and may boost annual tax rates for unused land as a deterrence against land speculators, says the Fiscal Policy Office.