Showing 1 - 10 of 33
New fund may finance electric rail lines
Business, Wichit Chantanusornsiri, Published on 02/02/2026
» The State Enterprise Policy Office (Sepo) is studying guidelines for establishing a 200-billion-baht Thailand Future Fund to acquire all electric railway projects in Bangkok and surrounding areas, bringing them under state ownership.
Would more debt fix the economy?
Business, Wichit Chantanusornsiri, Published on 17/05/2025
» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.
Fate of N3 lottery hangs in the balance
Business, Wichit Chantanusornsiri, Published on 25/11/2024
» The government may reconsider the sale of three-digit lottery tickets, or N3, if the experimental phase fails to effectively address the issue of underground lotteries.
Three-digit lottery tickets coming this month
Wichit Chantanusornsiri, Published on 03/10/2024
» The Government Lottery Office (GLO) plans to issue three-digit lottery tickets this month to tackle the twin issues of overpricing and black-market tickets, board member Thanavath Phonvichai said on Wednesday.
Incentives for farmers forgoing debt scheme
Business, Wichit Chantanusornsiri, Published on 25/09/2023
» The Finance Ministry is planning to offer incentives to farmers choosing not to enter the debt suspension programme aimed at reducing the government's fiscal burden, according to a ministry source who requested anonymity.
New VAT mulled that targets luxury goods
Business, Wichit Chantanusornsiri, Published on 26/09/2022
» The Finance Ministry is considering the introduction of a two-tier value-added tax (VAT) rate that could generate additional revenue of more than 100 billion baht, says a ministry source who requested anonymity.
Reform of EV duties urged
Business, Wichit Chantanusornsiri, Published on 14/02/2022
» The Finance Ministry plans to propose to the cabinet a reduction of the import duty for electric vehicles (EVs) to 40%, 20% and zero percent, each depending on the engine size, says Deputy Finance Minister Santi Promphat.
Planned fund to make electric cars cheaper
Business, Wichit Chantanusornsiri, Published on 26/11/2021
» A government fund is expected to subsidise the prices of electric vehicles (EVs) to keep them closer to the cost of cars powered by internal combustion engines, according to Finance Minister Arkhom Termpittayapaisith, as part of a promotion in Thailand.
Source: Rice pledging debt halved
Business, Wichit Chantanusornsiri, Published on 29/07/2020
» The debt burden from the rice pledging scheme during Yingluck Shinawatra's government has declined by more than half, says the Public Debt Management Office (PDMO).
VAT refund for tourists hiked to B30,000
Business, Wichit Chantanusornsiri, Published on 18/10/2019
» The Revenue Department is set to raise the ceiling for value-added tax (VAT) refunds for tourists at downtown agents to 30,000 baht per traveller from 12,000 baht at present.