Showing 1 - 10 of 12
Thai finance minister raises hackles over taxes
Business, Wichit Chantanusornsiri, Published on 26/12/2024
» Thailand's Finance Minister Pichai Chunhavajira may be the first finance minister under an elected government with a civilian prime minister to propose a hike to the value-added tax (VAT) rate, which has remained at 7% since 1992.
Cash transfers reach 14m Thais
Business, Wichit Chantanusornsiri, Published on 02/10/2024
» The Finance Ministry has deemed the first round of the cash handout scheme as successful at stimulating the economy, as more than 14 million people received transfers.
IBank posts huge profit gain for 2023
Business, Wichit Chantanusornsiri, Published on 11/06/2024
» The Islamic Bank of Thailand (IBank) reported a 1,553% increase in net profit last year compared with 2022.
Huai Khwang posts highest price rise
Business, Wichit Chantanusornsiri, Published on 20/12/2022
» Land prices in Huai Khwang in central Bangkok had the highest rises in the city according to a new assessment, says Treasury Department director-general Chamroen Phothiyod.
Omicron fears hit Thai consumer confidence
Business, Wichit Chantanusornsiri, Published on 26/02/2022
» The country's private consumption slowed in January month-on-month because of concern about the surge in Omicron infections, says Fiscal Policy Office deputy spokesman Wuttipong Jittungsakul.
Public debt forecast to increase to 62% of GDP
Business, Wichit Chantanusornsiri, Published on 25/02/2022
» Finance Minister Arkhom Termpittayapaisith has projected Thailand's public debt will rise to 62% of GDP in fiscal 2022 from 59.6% as of December 2021.
Headline inflation posts 0.02% decline in August
Business, Wichit Chantanusornsiri, Published on 30/09/2021
» Headline inflation in August contracted 0.02% year-on-year, the first drop in five months, after the decline of fresh food prices and the government's launch of stimulus measures to ease the cost of living during the pandemic, says Wuttipong Jittungsakul, deputy spokesperson of the Fiscal Policy Office.
An ageing conundrum
Business, Wichit Chantanusornsiri, Published on 16/04/2021
» The Finance Ministry is growing concerned about slow economic growth prospects and higher inflationary pressure in the long term as Thailand transitions to an "aged" society.
Customs readies digital platform to aid importers
Business, Wichit Chantanusornsiri, Published on 29/03/2021
» The Customs Department is set to launch a digital platform to facilitate importers who are individual entrepreneurs to address import-related obstacles.
Customs urged to seek solutions for tax waivers
Business, Wichit Chantanusornsiri, Published on 22/03/2021
» The Finance Ministry has ordered the Customs Department to step up its search for ways to reduce the impact of the exemption on import tax and value-added tax (VAT) for imported goods worth up to 1,500 baht, saying such measures are hurting small and medium-sized enterprises (SMEs).