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Showing 11 - 19 of 19

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BUSINESS

Cheap homes on state land to be capped at B1m a unit

Business, Wichit Chantanusornsiri, Published on 07/04/2016

» Prices of low-cost homes to be built on state land under the Pracha Rat initiative will be capped at 1 million baht per unit, the Treasury Department's chief says.

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BUSINESS

B70bn loan offer for affordable housing

Business, Wichit Chantanusornsiri, Published on 07/03/2016

» The Finance Ministry plans to offer 70 billion baht in pre- and post-financing loans for its affordable housing scheme under the Pracha Rat (People's State) initiative, finance permanent secretary Somchai Sujjapongse said.

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BUSINESS

Low-cost homes capped at B250m

Business, Wichit Chantanusornsiri, Published on 04/03/2016

» The Treasury Department estimates that investment in each low-rise condominium project with 500 units under the government's cheap housing scheme will not exceed 250 million baht, its chief says.

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BUSINESS

6 plots eyed for low-cost housing plan

Business, Wichit Chantanusornsiri, Published on 02/02/2016

» The Treasury Department has flagged six state land plots, two of them in Bangkok, for construction of low-cost housing projects with 3,400 units combined.

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BUSINESS

SEZs poised for 39% surge in land prices

Business, Wichit Chantanusornsiri, Published on 26/12/2015

» New land appraisal prices in special economic zones (SEZs) for 2016-19 are set for an increase of 39% on average compared with the average rise of 28% nationwide from 2012-15.

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OPINION

VAT refund scam reveals loopholes in tax law

News, Wichit Chantanusornsiri, Published on 02/07/2015

» Despite making progress in its probe into a value-added tax refund scam which caused the loss of 4.3 billion baht in state income in 2012-2013, the Revenue Department has still not been able to get back a single baht from the perpetrators.

BUSINESS

B100bn loan earmarked for infrastructure funding

Business, Wichit Chantanusornsiri, Published on 13/09/2014

» The government is set to borrow almost 100 billion baht in fiscal 2015 to finance infrastructure investment, says the Public Debt Management Office (PDMO).

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BUSINESS

Civil servants in for 7-8% rise

Business, Wichit Chantanusornsiri, Published on 07/08/2014

» State officials' base salaries will be raised by 7-8% on average, with the increase expected to take effect next April, says finance permanent secretary Rungson Sriworasat.

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BUSINESS

Tax shortfall to be addressed

Business, Wichit Chantanusornsiri, Published on 17/04/2014

» The Revenue Department is poised to tighten scrutiny of tax payments by wealthy owners of businesses with weak earnings as part of efforts to seek higher tax revenue. This follows its estimation that revenue for this fiscal year will have the biggest shortfall in seven years.