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BUSINESS

Budget Bureau allocates B87.36bn for stimulus projects

Wichit Chantanusornsiri, Published on 25/07/2025

» The Budget Bureau has allocated a total of 87.36 billion baht to fund 148 economic stimulus projects, according to Theerarak Saengsanit, deputy permanent secretary for finance.

BUSINESS

Finance official optimistic on H2

Business, Wichit Chantanusornsiri, Published on 16/05/2024

» The economy is poised for healthier growth in the second half of the year, with three significant financial injections planned to stimulate momentum.

BUSINESS

Central bank urged to take FIDF debt burden

Business, Wichit Chantanusornsiri, Published on 11/05/2024

» A proposal by a Finance Ministry official to shift the debt burden responsibility of the Financial Institutions Development Fund (FIDF) to the Bank of Thailand (BoT) has been put forward, as the central bank is already responsible for repaying both the principal and interest of the debt.

BUSINESS

Department promotes promising stars in lacklustre year

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.

PROPERTY

Talks aim to revise land, building tax

Business, Wichit Chantanusornsiri, Published on 31/10/2023

» The Fiscal Policy Office is in talks with the Bangkok Metropolitan Administration (BMA) to seek a conclusion to the latter's request for the Finance Ministry to revise the land and building tax law, says Deputy Finance Minister Krisada Chinavicharana.

BUSINESS

Excise eager to close booze tax loopholes

Business, Wichit Chantanusornsiri, Published on 14/08/2023

» The Excise Department plans to restructure the excise tax on liquor and beer to close loopholes, says director-general Ekniti Nitithanprapas.

BUSINESS

Excise chief flip-flops as department rejects 50% tax cut

Business, Wichit Chantanusornsiri, Published on 29/05/2020

» The Excise Department has turned down car makers' proposed 50% tax cut, fearing prices of all vehicles in the market will decline further if the reduction is implemented, the department's chief says.

BUSINESS

Cash giveaways for relief ruled out

Business, Wichit Chantanusornsiri, Published on 19/03/2020

» New relief measures for employees and self-employed workers ravaged by the coronavirus pandemic include soft loans with payment on principal and interest suspended for six months, but not cash giveaways, says a senior official at the Finance Ministry.

BUSINESS

Income misses budget target

Business, Wichit Chantanusornsiri, Published on 01/08/2019

» The government's income is estimated to fall short of the existing budget framework for fiscal 2020 by 40-50 billion baht because of the final instalment payment extension for the 900-megahertz band licences.

BUSINESS

Non-bank bill set for cabinet

Business, Wichit Chantanusornsiri, Published on 03/08/2018

» The Finance Ministry looks set to propose a draft bill on supervision of non-bank financial institutions to the cabinet, a measure meant to provide financial consumer protection, says a source familiar with the matter.