Showing 1 - 9 of 9
New fund may finance electric rail lines
Business, Wichit Chantanusornsiri, Published on 02/02/2026
» The State Enterprise Policy Office (Sepo) is studying guidelines for establishing a 200-billion-baht Thailand Future Fund to acquire all electric railway projects in Bangkok and surrounding areas, bringing them under state ownership.
Income taxes may dip on trend, as VAT hikes
Business, Wichit Chantanusornsiri, Published on 18/01/2025
» Global trends are shifting towards reducing income taxes and increasing consumption and wealth taxes, according to finance permanent secretary Lavaron Sangsnit.
Baht all safe and sound
Business, Wichit Chantanusornsiri, Published on 24/04/2023
» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.
Bank upbeat on GDP outlook
Business, Wichit Chantanusornsiri, Published on 27/10/2021
» Standard Chartered Bank expects Thailand's gross domestic product to rebound in 2022 to around 3% from the forecast zero growth this year.
Analyst favours widening taxable income bands
Business, Wichit Chantanusornsiri, Published on 03/10/2019
» Widening taxable income bands for middle-income earners could be an appropriate means to alleviate the tax burden for this group, stemming criticism that the government's personal income tax reform will favour high-income earners, says a tax analyst.
Lower tobacco levy to help out farmers
Business, Wichit Chantanusornsiri, Published on 12/08/2019
» The Finance Ministry is planning to propose cutting the tobacco excise tax by one-fourth to lessen the impact on farmers after the previous government hiked the tax from 0.5 satang to 10 satang per gramme.
SFIs set to gather on BoT rate cut
Business, Wichit Chantanusornsiri, Published on 09/08/2019
» Specialised financial institutions (SFI) are set to hold a meeting within next week to mull passing on the Bank of Thailand's 25-basis point rate cut to consumers.
Excise revved for new levy on motorcycles
Business, Wichit Chantanusornsiri, Published on 09/05/2019
» A new excise tax structure is estimated to boost the tax-collecting department's revenue from motorcycles by 30-40% per year, says a senior official.
Climbing the ladder of Thai banking
Business, Wichit Chantanusornsiri, Published on 21/04/2018
» Chatchai Payuhanaveechai once saw his career in the banking industry as a path to follow in his parent's footsteps and become a retail merchant, but he's not only remained a banker for more than three decades -- he also managed to climb to the top post at state-owned Government Savings Bank (GSB).