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BUSINESS

SET has stabilised, says Pichai

Wichit Chantanusornsiri, Published on 18/05/2025

» The Thai stock market has now stabilised and there is no need for additional measures to stimulate it, Finance Minister Pichai Chunhavajira said.

BUSINESS

Many workers ill-prepared for old age

Business, Wichit Chantanusornsiri, Published on 07/02/2023

» Finance Minister Arkhom Termpittayapaisith is concerned that more than 16 million informal workers have yet to participate in any savings scheme to prepare for life during retirement, even though Thailand is expected to become an aged society in the next two years.

BUSINESS

Ministry eyes B3,000 handout for tourists

Business, Wichit Chantanusornsiri, Published on 08/06/2020

» Eligible recipients of domestic tourism stimulus measures will be entitled to a 3,000-baht cash handout that will automatically be deducted from their bills when they spend nights or pay for food or services at participating hotels, restaurants and related tourism operators, says an informed source at the Finance Ministry.

THAILAND

B5,000 cheats media hungry, official claims

News, Wichit Chantanusornsiri, Published on 02/05/2020

» Finance permanent secretary Prasong Poontaneat said he was worried that "some" people who are now gathering in front of the Finance Ministry to demand 5,000 baht per month in aid are not really in need and may even be exploiting the media exposure and people's goodwill.

BUSINESS

Apisak eyes crackdown on bidder appeals

Business, Wichit Chantanusornsiri, Published on 22/09/2018

» The Finance Ministry is poised either to disqualify bidders who fail to win auctions and file unjustified appeals from taking part in other state procurement bidding or to demand compensation for project delays.

OPINION

Savvy excise tax hike going up in smoke

News, Wichit Chantanusornsiri, Published on 06/09/2018

» I have a strong reason to oppose the recent decision by the Finance Ministry to delay an increase in excise tax on cigarettes for another two years, from next year to October 2021. The delay doesn't spell good news for the state coffers, which is one consideration. Another concern is that it would deal a harsh blow to the state's efforts to discourage young smokers.