Showing 1 - 10 of 16
Call for swift reform of tax incentives
Business, Wichit Chantanusornsiri, Published on 08/01/2026
» Tax benefits for salaried workers will gradually decline from 2027 if long-term savings and investment measures are not improved, says caretaker finance minister Ekniti Nitithanprapas.
Flat-rate interest for leasing on the way out
Wichit Chantanusornsiri, Published on 20/08/2025
» The use of flat-rate interest calculation in the vehicle leasing business should be scrapped in the interest of fairness to borrowers, according to a government committee tasked with addressing household debt.
Thailand faces grim employment prospects
Business, Wichit Chantanusornsiri, Published on 17/03/2025
» Thailand's employment prospects are negative as there are clearer signs of a shrinking workforce, evidenced by fewer insured workers under Section 33 of the Social Security Act, which covers more than 10 million people, according to the Federation of Thai SMEs.
Deep ‘data lake’ to support economic development
Wichit Chantanusornsiri, Published on 12/09/2024
» The Ministry of Finance is working to improve its use of data to create more detailed profiles of Thai citizens, encompassing both liabilities and assets, in order to support economic development.
Ministry embracing data-driven approach to policymaking
Business, Wichit Chantanusornsiri, Published on 17/07/2024
» The Finance Ministry wants to upgrade its fiscal policymaking by adopting a data-driven approach.
Ministry prepares next phase of debt suspension
Business, Wichit Chantanusornsiri, Published on 08/02/2024
» The Finance Ministry plans to launch the second phase of a three-year debt suspension scheme for farmers in April, says Deputy Finance Minister Julapun Amornvivat.
7m in first round of debt suspension
Business, Wichit Chantanusornsiri, Published on 18/09/2023
» The number of farmers and small and medium-sized enterprises (SMEs) eligible for the initial phase of the debt moratorium will not exceed 7 million, says Deputy Finance Minister Julapun Amornvivat.
Debt relief likely ahead for farmers
Business, Wichit Chantanusornsiri, Published on 11/09/2023
» The Finance Ministry plans to roll out rescue measures by suspending debt payments for a period of three years for small-scale farmers and small and medium-sized enterprises (SMEs) for loan amounts not exceeding 1 million baht, according to a ministry source who requested anonymity.
GSB puts off bad loan lawsuits for 4 months
Business, Wichit Chantanusornsiri, Published on 16/02/2022
» Government Savings Bank (GSB) has delayed its plan to file lawsuits against customers with non-performing loans (NPLs) for four months, giving them more time to seek ways to address the problem, says bank president Vitai Ratanakorn.
GSB offers short-term relief
Business, Wichit Chantanusornsiri, Published on 21/07/2021
» Government Savings Bank (GSB) has introduced a measure to suspend principal and interest payments for individual clients for six months, which is expected to cover 750,000 borrowers, said the bank's president Vitai Ratanakorn.