Showing 1 - 10 of 11
Land and building tax collection to tally B43bn this year
Business, Wichit Chantanusornsiri, Published on 29/05/2024
» The Finance Ministry expects collection of the land and building tax this year to total 43 billion baht, 8 billion higher than last year as the tax discount is discontinued.
Free cash to spur tourism, economy
Business, Wichit Chantanusornsiri, Published on 19/07/2019
» The Finance Ministry is set to dust off a planned cash handout for travel to 55 secondary provinces by including it in the economic stimulus package going before new Finance Minister Uttama Savanayana.
Instability threatens economic growth
News, Wichit Chantanusornsiri, Published on 27/04/2019
» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.
Apisak securing draft law for business ease
Business, Wichit Chantanusornsiri, Published on 24/10/2018
» Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country's ranking in the World Bank's Ease of Doing Business list.
Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
Huge 5-year budget for national reform
Business, Wichit Chantanusornsiri, Published on 30/04/2018
» The Budget Bureau has set a five-year budget framework for national reform through fiscal 2023 of more than 700 billion baht, with the biggest slice going to economic reform and water management.
NFC chairman calls for farming reform
Business, Wichit Chantanusornsiri, Published on 14/11/2016
» Prapat Panyachatraksa, chairman of the National Farmers Council, is urging the Agriculture and Cooperatives Ministry to reform the agriculture sector and move towards integrated farming to help alleviate poverty among farmers.
Emergency funds in the spotlight
Business, Wichit Chantanusornsiri, Published on 17/10/2016
» The Budget Bureau will amend the Budgeting Procedure Act to widen the finance minister's power to allocate Treasury reserves for emergency requirements to 50 billion baht from the current 100 million.
Apisak cautiously upbeat
Business, Wichit Chantanusornsiri, Published on 29/09/2015
» The economy is expected to bound back next year, but the government may need to inject more money into the economic system if the economy remains stubbornly in the doldrums, says Finance Minister Apisak Tantivorawong.
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.