Showing 1 - 10 of 81
Developing a strategy resilient to risk
Business, Wichit Chantanusornsiri, Published on 15/06/2024
» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.
More local input needed to adjust tax law
Business, Wichit Chantanusornsiri, Published on 17/05/2024
» Local governments must play a greater role in amending the land and building tax law, which has been in effect for five years, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
More fiscal measures on the cards
Business, Wichit Chantanusornsiri, Published on 07/05/2024
» The Finance Ministry plans to study fiscal measures that can create economic momentum following the implementation of the digital wallet stimulus project.
Study into hydrogen power for use at government complex
Business, Wichit Chantanusornsiri, Published on 28/03/2024
» The Government Complex on Chaeng Watthana Road in Bangkok is studying the feasibility of utilising energy from hydrogen gas to produce electricity for itself.
Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
Reduced property fees extended
Business, Wichit Chantanusornsiri, Published on 27/12/2023
» The cabinet approved extending the reduced ownership transfer and mortgage fees for another year, which is expected to increase GDP by an additional 0.5%, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
Talks aim to revise land, building tax
Business, Wichit Chantanusornsiri, Published on 31/10/2023
» The Fiscal Policy Office is in talks with the Bangkok Metropolitan Administration (BMA) to seek a conclusion to the latter's request for the Finance Ministry to revise the land and building tax law, says Deputy Finance Minister Krisada Chinavicharana.
Ministries assess land and building tax
Business, Wichit Chantanusornsiri, Published on 16/10/2023
» The Finance and Interior ministries are jointly assessing problems and obstacles related to the enforcement of the 2019 Land and Building Tax Act, says Fiscal Policy Office director-general Pornchai Thiraveja.
New tax reduction for land and buildings comes into effect
Business, Wichit Chantanusornsiri, Published on 21/03/2023
» A 15% reduction in the land and building tax has taken effect, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
Department to auction seized assets
Business, Wichit Chantanusornsiri, Published on 05/03/2021
» The Treasury Department is preparing to launch an online auction of lawfully seized assets this month to enhance transparency of asset sales.