Showing 1 - 10 of 43
Revenue collection lags pre-Covid level
Business, Wichit Chantanusornsiri, Published on 06/05/2025
» The government's revenue collection remains below the pre-Covid period and lower than that of emerging economies, according to the Fiscal Policy Office (FPO).
Jockeying for pole position
Wichit Chantanusornsiri, Published on 20/01/2025
» The development of Thailand's automotive industry, which is a major contributor to the economy, is at a crossroads.
Online vendors, influencers warned over tax compliance
Business, Wichit Chantanusornsiri, Published on 10/01/2025
» The Revenue Department issued a warning to independent business owners, particularly online vendors and influencers, to file their taxes correctly, insisting the department can leverage IT systems to monitor their tax compliance.
Fears that rising loans could lead to debt trap
Business, Wichit Chantanusornsiri, Published on 26/11/2024
» The National Economic and Social Development Council (NESDC) has raised concerns about the rising trend of consumer loans, fearing that this could lead to a debt trap, a situation in which an individual, a household or even a country is forced to take new loans to repay existing debt obligations.
Warning over inadequate funding for pensions
Wichit Chantanusornsiri, Published on 08/07/2024
» The Fiscal Policy Office (FPO) has warned that the Social Security Fund (SSF) may be insufficient to handle long-term payments.
Ministry provides warning on revenue
Business, Wichit Chantanusornsiri, Published on 26/02/2024
» Government revenue collection in fiscal 2024 may not exceed the target, unlike last year, says Deputy Finance Minister Krisada Chinavicharana.
Total premiums expected to reach B1tn by 2026
Business, Wichit Chantanusornsiri, Published on 18/01/2024
» The Office of the Insurance Commission (OIC) says the insurance sector expanded by 4.5% recently, with total insurance premiums expected to reach 1 trillion baht in 2026, up from 800-900 billion baht at present, according to secretary-general Chuchatr Pramoolpol.
NESDC issues warning on welfare spending surge
Business, Wichit Chantanusornsiri, Published on 28/11/2023
» The National Economic and Social Development Council (NESDC) has warned the government that the fiscal gap is starting to narrow due to the expansion of the state welfare budget, said secretary-general Danucha Pichayanan.
Warning over household debt surge
Business, Wichit Chantanusornsiri, Published on 29/08/2023
» The National Economic and Social Development Council (NESDC) warns that Thailand's household debt is continuing to increase, with close monitoring required for auto loans and debt from savings cooperatives, says secretary-general Danucha Pichayanan.
Calm approach on tax reforms urged
Business, Wichit Chantanusornsiri, Published on 17/07/2023
» The Finance Ministry's permanent secretary Krisada Chinavicharana is warning the new government that tax reforms to increase revenue must not cause a shock to the economy.