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BUSINESS

Treasury touts stalled Mo Chit project

Business, Wichit Chantanusornsiri, Published on 03/02/2026

» The Treasury Department is moving ahead with the long-delayed land development project at the old Mo Chit bus terminal site, which has dragged on for more than 30 years, with a conclusion expected by September.

BUSINESS

Co-pay scheme expects 900,000 stores

Business, Wichit Chantanusornsiri, Published on 16/10/2025

» The government kicked off retail shop registration yesterday for the "Khon La Khrueng Plus" co-payment scheme, expecting participation from at least 900,000 stores and an estimated 88 billion baht in economic circulation.

BUSINESS

Thais flock to register for debt scheme

Business, Wichit Chantanusornsiri, Published on 30/01/2025

» Debtors are rushing to register for debt restructuring under the "You Fight, We Help" programme, a collaboration between the Finance Ministry, Bank of Thailand and financial institutions, with nearly 600,000 accounts registered.

PROPERTY

Keen interest in 'Houses for Thais' project

Business, Wichit Chantanusornsiri, Published on 24/01/2025

» Thai people have shown great interest in the "Ban Puea Kon Thai' (Houses for Thais) project, a government-supported housing initiative, with the project's website receiving over 60 million visits in just four days.

BUSINESS

Initiative to develop corruption risk index

Business, Wichit Chantanusornsiri, Published on 21/01/2025

» The Comptroller General's Department has teamed up with the Open Contracting Partnership (OCP) to develop a risk index for corruption in government procurement.

BUSINESS

Cheap imports levied VAT from July

Business, Wichit Chantanusornsiri, Published on 22/06/2024

» The Royal Gazette has announced the Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht, effective from July 5.

BUSINESS

Bid to close profit shifting loophole

Business, Wichit Chantanusornsiri, Published on 23/04/2024

» The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.

BUSINESS

New guidelines speed up budget disbursement

Business, Wichit Chantanusornsiri, Published on 27/01/2024

» The Comptroller-General's Department, which controls disbursement of the state budget, has issued guidelines to expedite the disbursement of the fiscal 2024 budget, allowing state agencies to proceed with bidding for investment projects even though the budget has not yet been approved by parliament, says Comptroller-General Patricia Mongkhonvanit.

BUSINESS

SMEs urged to embrace e-commerce

Business, Wichit Chantanusornsiri, Published on 09/09/2021

» Export-Import Bank of Thailand (Exim Bank) estimates that one-third of small and medium sized enterprises (SMEs) are on the verge of going out of business because of the impact of the prolonged pandemic, said the bank's president Rak Vorrakitpokatorn.

BUSINESS

GSB returns to paper for savings lotteries

Business, Wichit Chantanusornsiri, Published on 08/09/2021

» While Government Savings Bank (GSB) has been going digital, many of its customers, mostly elderly people, want the bank to continue to offer its savings lotteries in a paper format rather than a digital one.