Showing 1 - 10 of 71
GSB head urges prolonged rate cut
Business, Wichit Chantanusornsiri, Published on 23/06/2025
» Vitai Ratanakorn, president of Government Savings Bank (GSB) and a candidate for Bank of Thailand governor, has suggested the policy interest rate should be greatly lowered for a sustained period to revive the stagnant economy.
Tax reforms being studied, but remain on the agenda
Business, Wichit Chantanusornsiri, Published on 03/01/2025
» The government remains committed to tax reform, but insists implementation as a comprehensive package encompassing value-added tax (VAT), corporate income tax and personal income tax to enhance the country's competitiveness while minimising the impact on vulnerable groups.
Debt office lines up sustainability-linked bond for 2025
Business, Wichit Chantanusornsiri, Published on 10/12/2024
» The Public Debt Management Office (PDMO) plans to issue a sustainability-linked bond (SLB) worth 100 billion baht next year to offset the government's budget deficit.
Poor may be priority for digital handout
Business, Wichit Chantanusornsiri, Published on 30/08/2024
» The digital wallet handout may be distributed first to groups of people that most need it for spending to inject money into the economy towards the end of this year, says caretaker Deputy Finance Minister Paopoom Rojanasakul.
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
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.
Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
Digging out of debt
Business, Wichit Chantanusornsiri, Published on 28/12/2023
» Prime Minister Srettha Thavisin has declared dealing with informal debt and the problems it creates a national priority, likening the situation to a form of modern-day slavery.
GSB keen to alter business activities
Business, Wichit Chantanusornsiri, Published on 22/11/2023
» Government Savings Bank (GSB) is transforming its business model for sustainable development by combining social concerns and business activities, aiming to achieve a net profit of 33 billion baht, says president Vitai Ratanakorn.
New approach needed for farm debt
Business, Wichit Chantanusornsiri, Published on 02/10/2023
» The debt suspension scheme for farmers fails to address the root cause of the debt problem, says Somporn Isvilanonda, a senior academic at the Knowledge Network Institute of Thailand.