Showing 1 - 10 of 46
Long-term structural issues hobble Thailand's growth
Business, Wichit Chantanusornsiri, Published on 05/01/2026
» Thailand's economy has been mired in a prolonged period of low growth.
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.
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.
Official calls for rejig of 2026 budget
Business, Wichit Chantanusornsiri, Published on 22/09/2025
» The government is being urged to revise its 2026 budget strategy by trimming around 200 billion baht of "non-essential" spending to accommodate the incoming wave of foreign investment flowing out of China as a result of pressure from US President Donald Trump's policies.
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.
Call for measures to halt surge in bad debt
Business, Wichit Chantanusornsiri, Published on 10/06/2025
» The National Economic and Social Development Council (NESDC) wants to improve the conditions for debt restructuring to prevent special mention (SM) loans from deteriorating into non-performing loans (NPLs), after a noticeable increase in the former in last year's fourth quarter.
Government targets tax reform in attempt to boost revenue
Business, Wichit Chantanusornsiri, Published on 13/05/2025
» Tax reform to increase government revenue must be seriously pursued to enhance fiscal strength, says finance permanent secretary Lavaron Sangsnit.
Next phase of digital wallet scheme set to commence
Business, Wichit Chantanusornsiri, Published on 17/01/2025
» The Finance Ministry is poised to transfer 10,000 baht per person to eligible seniors under the digital wallet project, estimated to number 3.5-4 million people, in the next phase starting Jan 27.
B10,000 handouts fail to reach 44,000 recipients
Wichit Chantanusornsiri, Published on 22/11/2024
» The government was unable to transfer 10,000-baht cash handouts to nearly 44,000 people as they have yet to register a PromptPay application or failed to provide a valid link to their account, according to Deputy Finance Minister Julapun Amornvivat.
Funding in place for 2nd phase of digital handout
Business, Wichit Chantanusornsiri, Published on 01/10/2024
» Deputy Finance Minister Paopoom Rojanasakul has confirmed that the government has sufficient funding for the second phase of the digital wallet scheme, with a budget of 180 billion baht having already been allocated.