Showing 1 - 10 of 11
Headline inflation posts 0.02% decline in August
Business, Wichit Chantanusornsiri, Published on 30/09/2021
» Headline inflation in August contracted 0.02% year-on-year, the first drop in five months, after the decline of fresh food prices and the government's launch of stimulus measures to ease the cost of living during the pandemic, says Wuttipong Jittungsakul, deputy spokesperson of the Fiscal Policy Office.
Private investment falls in July
Business, Wichit Chantanusornsiri, Published on 31/08/2021
» Private investment declined in July as a result of the prolonged pandemic, but the export sector has continued to expand for five consecutive months, said Fiscal Policy Office deputy spokesperson Wuttipong Jittungsakul.
FPO: Q3 looking less dire as 'swoosh-shaped' bounce looms
Business, Wichit Chantanusornsiri, Published on 29/08/2020
» Thailand's third-quarter economic outlook has better prospects than in the previous quarter after improved economic indicators in July, says the Fiscal Policy Office (FPO).
Exim: Scant 0.2% growth due this year
Business, Wichit Chantanusornsiri, Published on 01/08/2019
» The country's export growth is estimated to reach a meagre 0.2% this year, weighed down by the US-Sino trade spat and the stronger baht, according to Export-Import Bank of Thailand (Exim Thailand).
Revenue defends VAT refund contract award
Business, Wichit Chantanusornsiri, Published on 03/10/2018
» The Revenue Department has insisted selecting Counter Service Co, a payment service provider wholly owned by CP All Plc, to provide value-added tax (VAT) refunds for foreign tourists outside airports was done in a transparent manner.
Counter Service to charge 10% fee for VAT refund
Wichit Chantanusornsiri, Published on 02/10/2018
» Counter Service, the first agent for tourist VAT refund, will charge a 10% fee for the service, according to the Revenue Department.
Minimal harm to GDP seen from trade tiff
Business, Wichit Chantanusornsiri, Published on 13/08/2018
» The tit-for-tat trade dispute between the US and China is forecast to have a net negative effect on Thai economic growth of a mere 0.03 percentage points, says a source at the Finance Ministry with knowledge of the Fiscal Policy Office's estimates.
Land rented for new southern industrial estate
Wichit Chantanusornsiri, Published on 08/08/2017
» The Industrial Estate Authority of Thailand (IEAT) has rented 629 rai in Songkhla province from the Treasury Department for 50 years to develop a 1-billion-baht industrial estate with potential to attract 13 billion baht in investments.
Investment incentives soon ready for cabinet
Business, Wichit Chantanusornsiri, Published on 27/10/2015
» The incentives package for accelerating private investment will be ready to seek cabinet approval in the next two weeks, says Finance Minister Apisak Tantivorawong.
VAT refund fraud rampant
Business, Wichit Chantanusornsiri, Published on 11/09/2014
» The Revenue Department has put more than 10 products at risk of being used for value-added tax (VAT) refund fraud on a blacklist to alert officials to tighten inspections on tax refunds.