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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.

BUSINESS

Govt plans Q4 GDP boost

News, Wichit Chantanusornsiri, Published on 08/10/2025

» The government's "Khon La Khrueng Plus" co-payment scheme, worth 44 billion baht, is expected to bolster GDP in the fourth quarter, said Finance Minister Ekniti Nitithanprapas.

BUSINESS

Ministers urged to act fast

Business, Wichit Chantanusornsiri, Published on 15/09/2025

» If the planned stimulus measures are implemented wisely and reinforced by public confidence in the new government's economic team, they could generate momentum for the Thai economy, enabling it to move forward and break free from stagnation, says Kiatanantha Lounkaew, an economics professor at Thammasat University.

THAILAND

New Thai coins mark royal milestone

News, Wichit Chantanusornsiri, Published on 23/05/2025

» The Treasury Department will release a special series of Samamongkol commemorative coins to mark the occasion of His Majesty King Rama X reaching the age of 26,469 days -- the exact lifespan of King Rama I, the founder of the Chakri Dynasty. Coin sales will commence on Monday.

THAILAND

Casino legalisation bill gives government the final say

News, Wichit Chantanusornsiri, Published on 21/12/2024

» The government will determine where casino-entertainment complexes will be located to ensure fairness among bidders in the project, if the bill legalising gambling in the country becomes law, Deputy Finance Minister Julapun Amornvivat said.

BUSINESS

Less budget borrowing needed

Business, Wichit Chantanusornsiri, Published on 17/08/2024

» The Public Debt Management Office (PDMO) is unlikely to borrow the entire 805 billion baht it is permitted to utilise to offset the budget deficit, as there are sufficient treasury reserves, according to the office's chief.

BUSINESS

Shorter holding period for tax-deductible funds considered

Business, Wichit Chantanusornsiri, Published on 19/06/2024

» The Finance Ministry is considering measures to support the stock market, particularly shortening the holding period for tax-deductible stock mutual funds as an incentive for investors.

PROPERTY

Trying to create a fairer property tax

Business, Wichit Chantanusornsiri, Published on 13/06/2024

» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.

BUSINESS

Officials ordered to draw up plans for economic stimulus

Business, Wichit Chantanusornsiri, Published on 01/06/2024

» Deputy Finance Minister Julapun Amornvivat has told three tax-related departments to devise stimulus measures to be presented to the economic cabinet within a week and a half.

BUSINESS

Srettha touts land bridge project

Business, Wichit Chantanusornsiri, Published on 26/10/2023

» The proposed land bridge project will be the world's largest megaproject, helping to elevate the Thai economy in the medium to long term, says Prime Minister Srettha Thavisin.