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BUSINESS

PM urges insurers to step up flood payouts

Business, Wichit Chantanusornsiri, Published on 28/11/2025

» Prime Minister Anutin Charnvirakul has instructed insurance companies to expedite payouts for home and car insurance claims in the flood-affected areas in southern Thailand, with claimants only required to submit photos via Line or other designated channels to insurance companies as evidence.

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BUSINESS

US to strictly enforce origin verification for exports

Business, Wichit Chantanusornsiri, Published on 28/04/2025

» The US has targeted 50-60 products for strict origin verification to prevent the circumvention of trade rules through false claims of origin for exports to the US, according to Finance Minister Pichai Chunhavajira.

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BUSINESS

A closer inspection of negative income tax

Business, Wichit Chantanusornsiri, Published on 29/08/2024

» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).

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BUSINESS

NSF recruits Grab riders

Business, Wichit Chantanusornsiri, Published on 30/10/2020

» The National Savings Fund (NSF) has joined hands with Grab, a ride-hailing, food delivery and payments firm, to support around 100,000 Grab riders in reaching sufficient retirement savings.

BUSINESS

Government Complex won't secure interest costs

Business, Wichit Chantanusornsiri, Published on 20/11/2019

» Securitisation to lock in development costs for Zone C at the Chaeng Watthana Government Complex is not in the pipeline for Dhanarak Asset Development amid the low interest rate cycle, its head says.

BUSINESS

Treasury applying new methods for 2020 tax net

Business, Wichit Chantanusornsiri, Published on 02/10/2019

» The Treasury Department aims for a 50% increase in revenue collection for fiscal 2020 through new methods designed to enhance collection efficiency.

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BUSINESS

Uttama upbeat about stimulus package

Business, Wichit Chantanusornsiri, Published on 18/09/2019

» The 1,000-baht cash giveaway, 15% cash rebate and low-rate loan scheme stimulus measures are expected to pump at least 200 billion baht into the economic system, says Finance Minister Uttama Savanayana.

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BUSINESS

Customs eager to extend pre-arrival processing

Business, Wichit Chantanusornsiri, Published on 28/08/2019

» The Customs Department intends to extend Pre-Arrival Processing (PAP) service, which transmits customs declarations and import documents to customs authorities electronically before the goods arrive in the destination country for cross-border land transport.

BUSINESS

FPO points to export gain despite US-China impasse

Business, Wichit Chantanusornsiri, Published on 29/11/2018

» The Sino-US trade row has had at least some positive impact on Thai exports, with a 10-month gain of US$150 million (4.95 billion baht), says the Fiscal Policy Office (FPO).

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BUSINESS

Treasury Department's land scheme ready in a few years

Business, Wichit Chantanusornsiri, Published on 26/11/2018

» The Treasury Department's land development scheme worth 70 billion baht will be ready for investment within the next 1-2 years, says director-general Amnuay Preemonwong.