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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.

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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.

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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.

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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.

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BUSINESS

Expert urges cutting reliance on US buyers

Business, Wichit Chantanusornsiri, Published on 02/09/2025

» The Thai government has been advised to reduce its dependence on the US market, which is expected to shrink under US President Donald Trump's reciprocal tariff policy.

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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.

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THAILAND

Cabinet gives green light for tax incentives to aid artists

News, Wichit Chantanusornsiri, Published on 20/08/2025

» The cabinet has given the go-ahead to tax incentives to boost art purchases and support home-grown artists, according to Deputy Finance Minister Julapun Amornvivat.

BUSINESS

State mulls widening scope of fund outlays

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

» The government is considering expanding the scope of spending for the Competitiveness Enhancement Fund to cover businesses not promoted by the Board of Investment (BoI).

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BUSINESS

EV subsidy suspensions to be clarified

Wichit Chantanusornsiri, Published on 17/06/2025

» The Thai government is looking to revise the rules for subsidy payments to electric vehicle (EV) manufacturers, as it seeks to clarify the conditions for suspending payments to firms unable to meet local production requirements.

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BUSINESS

EV promotions adjusted to address glut

Business, Wichit Chantanusornsiri, Published on 16/06/2025

» The government is stepping up efforts to adjust the conditions of electric vehicle (EV) promotion measures to address a potential oversupply.