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BUSINESS

Whither populism?

Business, Wichit Chantanusornsiri, Published on 16/01/2026

» Compared with the previous election, when some parties promised to distribute hundreds of billions of baht in cash and others pledged infrastructure projects worth trillions, the level of populism in campaign pledges during this election appears to have declined, which academics see as a positive development.

THAILAND

Council of State spikes lottery partial-refund hopes

News, Wichit Chantanusornsiri, Published on 08/12/2025

» The Council of State (CoS) has advised against a proposal to offer partial refunds to buyers of digital lottery tickets who do not win prizes because the plan was deemed to exceed the authority of the Government Lottery Office (GLO), says a top finance official.

BUSINESS

Minister touts progress on 'five pillars'

Business, Wichit Chantanusornsiri, Published on 01/12/2025

» The government's "Five Pillars and One Foundation" economic policy under Prime Minister Anutin Charnvirakul has already implemented many of its measures.

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

Government allots B10bn to buy individuals' bad debt

Business, Wichit Chantanusornsiri, Published on 08/10/2025

» The government plans to allocate around 10 billion baht to address non-performing loans (NPLs) among individual borrowers, according to Finance Minister Ekniti Nitithanprapas.

BUSINESS

Planned bad debt firm to cover 3.8m debtors

Business, Wichit Chantanusornsiri, Published on 03/10/2025

» The asset management company (AMC) planned to address the bad debts of retail borrowers will cover 3.8 million eligible debtors with a total debt value of 120 billion baht, according to the Finance Ministry.

BUSINESS

New retirement lottery scheme slammed by critics

Business, Wichit Chantanusornsiri, Published on 03/10/2025

» Critics are arguing the new government's proposed online lottery for retirement savings is a weaker tool for building savings than the previous administration's "retirement lottery" programme.

BUSINESS

Office exploring lotto-style scheme

Business, Wichit Chantanusornsiri, Published on 29/09/2025

» The Government Lottery Office (GLO) is studying the feasibility of issuing a "lotto-style" lottery, in which private companies would manage the issuance of the lottery instead of the GLO.

BUSINESS

Thai govt planning unit sounds alarm on 'buy now, pay later' trend

Business, Wichit Chantanusornsiri, Published on 25/08/2025

» The government’s planning unit has expressed concern over the growing trend of “buy now, pay later” (BNPL) consumption through online platforms, which has now spread to cover instalment payments for food and fuel expenses, stimulating households to take on excessive debt.

BUSINESS

Thai Retirement Lottery sales slated for Q4

Wichit Chantanusornsiri, Published on 22/08/2025

» The Retirement Lottery project is likely to begin sales in the fourth quarter of this year, according to Deputy Finance Minister Paopoom Rojanasakul.