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Search Result for “inequality”

Showing 1 - 10 of 34

BUSINESS

Savings accounts target financial stability

Business, Wichit Chantanusornsiri, Published on 22/11/2025

» Finance Minister Ekniti Nitithanprapas, who serves as head of the government's economic team under Prime Minister Anutin Charnvirakul, has proposed a review of various tax deductions and exemptions.

BUSINESS

Analyst urges narrower interest rate spread

Business, Wichit Chantanusornsiri, Published on 29/09/2025

» The new governor of the Bank of Thailand is being urged to prioritise narrowing the spread between lending and deposit interest rates, which is the highest in Southeast Asia, while also managing the baht to align with regional currencies.

BUSINESS

GSB head urges prolonged rate cut

Business, Wichit Chantanusornsiri, Published on 23/06/2025

» Vitai Ratanakorn, president of Government Savings Bank (GSB) and a candidate for Bank of Thailand governor, has suggested the policy interest rate should be greatly lowered for a sustained period to revive the stagnant economy.

BUSINESS

Trade highway to link Laos with neighbours

Business, Wichit Chantanusornsiri, Published on 03/06/2025

» Planning has started to construct Route R12, a new trade corridor in Laos linking Thailand, Vietnam and China.

BUSINESS

Inheritance tax collection rising sharply

Business, Wichit Chantanusornsiri, Published on 27/02/2025

» The Revenue Department has collected revenue from inheritance tax worth more than 4 billion baht over the past 10 years, with more than 1.5 billion collected in the last fiscal year alone.

BUSINESS

Effort to ease digital wallet merchant rules

Business, Wichit Chantanusornsiri, Published on 13/02/2025

» The Finance Ministry is looking into easing the cash out requirements for merchants participating in the digital wallet scheme to enhance accessibility and boost its appeal.

BUSINESS

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.

BUSINESS

Tax reforms being studied, but remain on the agenda

Business, Wichit Chantanusornsiri, Published on 03/01/2025

» The government remains committed to tax reform, but insists implementation as a comprehensive package encompassing value-added tax (VAT), corporate income tax and personal income tax to enhance the country's competitiveness while minimising the impact on vulnerable groups.

BUSINESS

Finance minister floats tax changes

Wichit Chantanusornsiri, Published on 03/12/2024

» Finance Minister Pichai Chunhavajira has floated the idea of increasing value-added tax (VAT), while reducing corporate and personal income tax rates to strengthen state revenue, drive national development, enhance competitiveness and address domestic disparities.

BUSINESS

Poor may be priority for digital handout

Business, Wichit Chantanusornsiri, Published on 30/08/2024

» The digital wallet handout may be distributed first to groups of people that most need it for spending to inject money into the economy towards the end of this year, says caretaker Deputy Finance Minister Paopoom Rojanasakul.