Showing 1 - 10 of 310
Ministry aims to purge bad loans from bureau blacklist
Business, Wichit Chantanusornsiri, Published on 17/06/2024
» The Finance Ministry plans to hold talks with the Bank of Thailand and National Credit Bureau (NCB) about ways to reduce non-performing loans (NPLs) resulting from the impact of the pandemic, known as Code 21 debtors, in a bid to remove them from the bureau's blacklist sooner so they can access credit.
Airlines urge excise tax cut
Business, Wichit Chantanusornsiri, Published on 14/06/2024
» Budget airlines are calling on the Finance Ministry to help reduce the excise tax on jet fuel to lower costs for airlines, which claim to be in a fragile state.
Finding new levers for energy subsidies
Business, Wichit Chantanusornsiri, Published on 04/04/2024
» The expiry of the diesel price subsidy programme using the state Oil Fuel Fund on March 31 caused energy authorities to call on the government to change the way it regulates domestic diesel prices.
Digital wallet paper to be assessed by panel
Business, Wichit Chantanusornsiri, Published on 20/03/2024
» The State Audit Commission appears to be preparing to establish a subcommittee to audit and provide recommendations to the government on the controversial digital wallet project.
Scrutinising the need for overseas bonds
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.
Delay may blunt effect of handout
Business, Wichit Chantanusornsiri, Published on 16/11/2023
» The digital wallet handout, estimated to cost the government 500 billion baht, is two to three months behind schedule, which may result in diminishing economic stimulus effects, says Deputy Finance Minister Julapun Amornvivat.
The untouchable tax
Business, Wichit Chantanusornsiri, Published on 04/09/2023
» Since the introduction of value-added tax (VAT) in Thailand in 1992, no government has dared to increase the rate because of concerns regarding the economic impact, the greater burden in terms of living expenses, and most importantly how politically unpopular such a move would appear.
Defining the goals of zero-based budgets
Business, Wichit Chantanusornsiri, Published on 07/06/2023
» Zero-based budgeting (ZBB) is one of the policies included in the 23-point memorandum of understanding signed by leaders of eight political parties seeking to form a new coalition government following the general election.
Arkhom coy on diesel excise tax cut
Business, Wichit Chantanusornsiri, Published on 30/05/2023
» Finance Minister Arkhom Termpittayapaisith has refused to take a stance on whether the diesel excise tax cut needs to be extended, saying it depends on global oil prices.
Global economy to grow by 3.2% amid downturn
News, Wichit Chantanusornsiri, Published on 21/10/2022
» The global economy is growing at 3.2% this year, a substantial drop from 6% last year, with an even gloomier outlook for next year, according to Finance Minister Arkhom Termpittayapaisith after the Apec Finance Ministers' Meeting on Thursday.