Showing 1 - 10 of 18
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.
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.
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.
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.
Retirement lottery aims to spur savings
Business, Wichit Chantanusornsiri, Published on 14/03/2025
» The government expects the retirement lottery project to attract an additional 13 billion baht in annual savings.
Ministry rejigs conditions of retirement lottery
Business, Wichit Chantanusornsiri, Published on 08/10/2024
» The Finance Ministry has adjusted the conditions for the retirement lottery project, allowing retirees to purchase tickets for this lottery as a means of continuous savings for another 10 years.
Savings bonds worth B100bn in the offing
Business, Wichit Chantanusornsiri, Published on 23/02/2024
» The government will sell savings bonds worth 100 billion baht within the fiscal year, with the first issue worth 40 billion baht to be offered next month to help finance the budget deficit, says Patchara Anuntasilpa, director-general of the Public Debt Management Office (PDMO).
VAT reverse charge scheme in the pipeline
Business, Wichit Chantanusornsiri, Published on 18/07/2023
» The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron Sangsnit.
Exim Bank promotes export credit policies
Business, Wichit Chantanusornsiri, Published on 22/06/2023
» Export-Import (Exim) Bank of Thailand advocates the use of export credit insurance to safeguard against non-payment risks from overseas buyers, says first vice-president Apinut Chatusripitak.
BAAC to launch B100bn savings lottery
Business, Wichit Chantanusornsiri, Published on 02/03/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to raise savings through the launch of savings lotteries worth 100 billion baht, says executive vice-president Manop Jinamai.