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Search Result for “inequality gap”

Showing 1 - 10 of 68

BUSINESS

New land appraisal prices to have limited impact

Business, Wichit Chantanusornsiri, Published on 21/01/2026

» A new round of land appraisal prices to be effective in 2027 is expected to increase land prices along mass transit lines in Bangkok and surrounding areas by no more than 10%, attributed to the ongoing economic slowdown.

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

Treasury targets massive increase in revenue growth

Business, Wichit Chantanusornsiri, Published on 22/04/2025

» The Treasury Department is aiming for a leap in its revenue growth, targeting a 20% increase in 2026, compared to the current average annual revenue growth rate of 3%.

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.