Showing 1 - 10 of 48
Economy, politics shape year
News, Wichit Chantanusornsiri, Published on 01/09/2022
» The government will continue to use tax measures to subsidise high energy prices throughout the year to ease people's rising living costs, said Finance Minister Arkhom Termpittayapaisith.
Govt calls for more investment
News, Wichit Chantanusornsiri, Published on 07/06/2022
» Finance Minister Arkhom Termpittayapaisith yesterday urged people to invest in the kingdom while the economy is on an upward trend and the Bank of Thailand (BoT) is trying to maintain a favourable policy interest rate to support growth.
Ministry to cut THAI stake
News, Wichit Chantanusornsiri, Published on 21/05/2020
» The Finance Ministry will sell 3.17% of its stake in the financially-troubled Thai Airways International (THAI) to the state-run Vayupak 1 Fund, with the aim of stripping the airline of its state enterprise status.
Govt preps B50bn for stimulus
News, Wichit Chantanusornsiri, Published on 25/11/2019
» The Finance Ministry will on Tuesday put forward for cabinet consideration a fresh economic stimulus package to inject at least 50 billion baht into the economy in the final quarter of the year to boost full-year economic growth after a poor third quarter.
Shutdowns prompt call for aid
News, Wichit Chantanusornsiri, Published on 16/11/2019
» In the wake of a spate of business shutdowns, Finance Minister Uttama Savanayana has instructed specialised financial institutions (SFIs) to roll out assistance measures for their ailing business customers.
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.
Student loans win boost
News, Wichit Chantanusornsiri, Published on 08/05/2019
» The government is to spend 8.5 billion baht to make up for a recent 30-50% cut in Student Loan Fund principal loan amounts for students who choose to study in fields related to 10 targeted and three basic infrastructure industries at universities and vocational schools.
Tree bank loan amount rises
Business, Wichit Chantanusornsiri, Published on 29/08/2018
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has raised the maximum loan amount under its tree bank scheme to 80% of collateral value from 50% to attract more people to grow high-value trees.
Populist budget close to legal limit
Business, Wichit Chantanusornsiri, Published on 14/08/2018
» Little room remains in the budget for the government to spend further on populist policies through state-owned financial institutions, as populist spending is nearing the cap of 30% of the annual budget, says an informed source at the Finance Ministry.
Ministry says 5% growth possible
Business, Wichit Chantanusornsiri, Published on 27/07/2018
» Thai GDP growth of 5% is likely this year if the global economy's performance and state spending outpace expectations, the Finance Ministry says.