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OPINION

Lottery retirement savings plan risky

Oped, Wichit Chantanusornsiri, Published on 23/10/2025

» Lotteries are among the oldest forms of betting. Yet in modern times, various governments have used this popular form of gambling to encourage financial savings among citizens and even retirees.

BUSINESS

Influencers and online sellers in Thai taxman’s sights

Wichit Chantanusornsiri, Published on 16/10/2025

» The Revenue Department has reiterated that all individuals who earn income — regardless of the source, including from online sales or influencer activities — are required to file and pay income tax.

BUSINESS

Finance ministry pursuing better stability

Wichit Chantanusornsiri, Published on 26/09/2025

» The Ministry of Finance vows to lay the groundwork for fiscal consolidation to strengthen financial stability during the four-month tenure of the new government, says Vorapak Tanyawong, the new deputy minister.

BUSINESS

Medium-term fiscal plan set to be revised

Business, Wichit Chantanusornsiri, Published on 26/09/2025

» The government is preparing to revise the medium-term fiscal plan and set out a fiscal consolidation framework to sustainably reduce the deficit, with the deficit expected to gradually decline after 2026.

BUSINESS

No deal struck on US tariffs

Wichit Chantanusornsiri, Published on 04/07/2025

» Thailand has yet to conclude negotiations with the United States on reciprocal tariffs but has gained “valuable insights” that will guide the development of a revised proposal, Deputy Prime Minister Pichai Chunhavajira said on Friday.

PROPERTY

Paopoom: Stimulus to prop up real estate

Business, Wichit Chantanusornsiri, Published on 03/04/2025

» The relaxation of loan-to-value (LTV) measures combined with reduced transfer and mortgage registration fees should help expand both demand and supply in the real estate sector this year, says Deputy Finance Minister Paopoom Rojanasakul.

BUSINESS

BAAC targets older folks switching to farming

Business, Wichit Chantanusornsiri, Published on 26/09/2024

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is preparing to launch a new loan product aimed at encouraging salaried workers aged 50 and older to invest in agricultural careers, providing them with supplementary income after they retire.

BUSINESS

Identity verification crucial for digital wallet

Wichit Chantanusornsiri, Published on 04/07/2024

» Thais will be required to verify and authenticate their identity, known as know-your-customer (KYC) procedures, for the digital wallet project through the state-developed Tang Rat super app.

BUSINESS

Department promotes promising stars in lacklustre year

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.

BUSINESS

BAAC expects 85% of farmers to join debt plan

Business, Wichit Chantanusornsiri, Published on 02/11/2023

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) anticipates roughly 85% of the 2 million eligible farmers will participate in the government's debt suspension programme, says president Chatchai Sirilai.