Showing 1 - 10 of 10
No time to wait for Thai fiscal reform
Oped, Wichit Chantanusornsiri, Published on 17/09/2025
» The daunting mission of the four-month-old government led by Prime Minister Anutin Charnvirakul is to revive an economy that has been sluggish for a long time. Can the Anutin government deliver? After all, tackling "bread-and-butter" issues requires fiscal sustainability.
Unpacking the Top-Up Tax law
Business, Wichit Chantanusornsiri, Published on 11/01/2025
» The Top-Up Tax law is now being enforced in Thailand following its publication in the Royal Gazette.
Hunting for a place at the financial table
Wichit Chantanusornsiri, Published on 16/08/2024
» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.
Retirement lottery to the rescue
Business, Wichit Chantanusornsiri, Published on 25/07/2024
» It is alarming that nearly half of the country's workforce, comprising 37.5 million people, lacks a retirement savings plan.
Seeking new engines of growth
Wichit Chantanusornsiri, Published on 22/07/2024
» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.
Arkhom vows to create jobs
Business, Wichit Chantanusornsiri, Published on 30/11/2021
» The government will introduce measures aimed at generating jobs and boosting income early next year, Finance Minister Arkhom Termpittayapaisith said on Monday.
Financial institutions urged to soften stance
Business, Wichit Chantanusornsiri, Published on 15/07/2021
» The Finance Ministry has ordered state-owned financial institutions to consider suspending principal and interest payments for all clients suffering from the effects of the pandemic, rather than using a case-by-case basis, says Krisada Chinavicharana, the ministry's permanent secretary.
Striving for a more balanced economy
Oped, Wichit Chantanusornsiri, Published on 14/05/2020
» In its bid to alleviate the economic damage from the coronavirus pandemic through the 1-trillion-baht borrowing scheme, the Prayut Chan-o-cha government aims to provide immediate relief to millions who are in trouble, and also restore the grassroots economy, with a view to better balancing the economic system, so it depends less on exports and tourism.
Solid financials offer firepower to weather crisis
Oped, Wichit Chantanusornsiri, Published on 02/04/2020
» Like other countries, Thailand is fighting a war against Covid-19. For the government, it cannot afford to lose this war as it must ensure safety to public health, buffer the outbreak's impact on the economy and help affected people who have lost jobs and incomes.
Uttama says history won't repeat itself
Business, Wichit Chantanusornsiri, Published on 30/08/2019
» Finance Minister Uttama Savanayana insists that the economy will not spiral into a deep abyss as seen during the Tom Yum Kung crisis of 1997, given the country's hefty foreign reserves and solid fiscal position.