Showing 1 - 10 of 11
Are GDP forecasts reliable? An examination of models
Business, Wichit Chantanusornsiri, Published on 11/07/2025
» As Thailand's economic outlook continues to be scrutinised, a growing debate has emerged over the reliability of GDP projections, particularly whether they reflect genuine domestic growth or are inflated by temporary trade flows.
Land windfall tax law to be resurrected
Business, Wichit Chantanusornsiri, Published on 20/06/2022
» The Finance Ministry plans to dust off the land windfall tax law as part of the country's reform of its tax system, says Krisada Chinavicharana, the permanent finance secretary.
'Digital lottery' to curb illegal sales
News, Wichit Chantanusornsiri, Published on 22/12/2021
» The Government Lottery Office (GLO) plans to provide digital lotteries to curb certain vendors selling government tickets at inflated prices.
Online lottery project up for hearing
Business, Wichit Chantanusornsiri, Published on 29/09/2020
» The Government Lottery Office (GLO) is preparing to conduct a public hearing nationwide to assess public opinion on the online lottery project.
330 tonnes of masks were approved for export
News, Wichit Chantanusornsiri, Published on 12/03/2020
» The Department of Internal Trade (DIT) authorised the export of 330 tonnes of face masks in January and February when the items were in short supply and declared controlled products, according to the Customs Department.
GLO to sell lotto ticket bundles
News, Wichit Chantanusornsiri, Published on 08/05/2018
» Bundles of five lottery tickets are set to be distributed by the Government Lottery Office (GLO) late this year in a bid to tackle inflated prices that have cost bet-makers across the country an additional 40 billion baht a year in total.
Ageing society prompts ministry tax review
Business, Wichit Chantanusornsiri, Published on 29/03/2018
» The Finance Ministry is studying a revamp of the tax structure by raising the ratio of asset- and consumption-based taxes because income-based ones, which dominate revenue contributions, are expected to decline as Thailand becomes an aged society.
Infrastructure land windfall tax a letdown
News, Wichit Chantanusornsiri, Published on 15/03/2018
» A new tax law which will enable the Revenue Department to collect tax from land owners who are to benefit from transport infrastructure development projects is a novel idea by the Finance Ministry.
Windfall tax likely to deflate property bubble
Business, Wichit Chantanusornsiri, Published on 12/03/2018
» The land windfall tax is expected to help fend off a property market bubble as developers take care to avoid tax liabilities that will come into effect if the value of unsold residential units exceeds 50 million baht.
FPO declares landlords can lock in windfall tax exemption
Business, Wichit Chantanusornsiri, Published on 20/02/2018
» Landlords who lock in bumper profits from selling land near transport infrastructure projects can be exempt from the land windfall tax if they buy and sell the same plot during the same four-year implementation period of the Treasury Department’s land appraisal prices, says a tax expert at the Fiscal Policy Office (FPO).