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BUSINESS

B150 billion available for ‘quick-win’ stimulus

Wichit Chantanusornsiri, Published on 17/09/2025

» The new Thai government has financial ammunition of roughly 150 billion baht to carry out its “quick-win” stimulus projects, according to a Ministry of Finance official who requested anonymity.

BUSINESS

NESDC chief calls for major reforms

Business, Wichit Chantanusornsiri, Published on 27/08/2025

» Thailand must take economic restructuring efforts more seriously for the country to move forward, says Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), who has overseen the country's economic and social policy for five years.

BUSINESS

Ministry rejigs conditions of retirement lottery

Business, Wichit Chantanusornsiri, Published on 08/10/2024

» The Finance Ministry has adjusted the conditions for the retirement lottery project, allowing retirees to purchase tickets for this lottery as a means of continuous savings for another 10 years.

PROPERTY

Official urges courage in tax assessment

Business, Wichit Chantanusornsiri, Published on 10/06/2024

» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.

BUSINESS

Exploring the effort to axe duty-free stores

Business, Wichit Chantanusornsiri, Published on 21/12/2023

» Thailand is a well-known tropical destination with cheaper prices for accommodation, meals, transport and activities than in most Western countries.

BUSINESS

Inheritance tax rejig mulled

Business, Wichit Chantanusornsiri, Published on 09/10/2023

» The Revenue Department plans to adopt the prime minister's proposal to amend the inheritance tax law to reduce economic inequality, says a department source who requested anonymity.

BUSINESS

How Thailand's welfare state could change

Business, Wichit Chantanusornsiri, Published on 28/06/2023

» For the past few decades, many countries have been working towards providing "healthcare for all", including equity in access to healthcare and healthcare financing.

BUSINESS

Fewer GH Bank borrowers signing up for scheme

Business, Wichit Chantanusornsiri, Published on 18/01/2022

» The impact of the Covid-19 pandemic on the Government Housing Bank (GH Bank)'s mortgage customers seems to be declining, as suggested by the low number of them registering for the latest round of its long term debt restructuring scheme, said Chatchai Sirilai, president of GH Bank.

BUSINESS

Arkhom asks state banks to continue aid

Business, Wichit Chantanusornsiri, Published on 04/01/2022

» The Finance Ministry has instructed state financial institutions to continue providing financial assistance to customers, including those classified as non-performing loan (NPLs), until the economy has fully recovered.

BUSINESS

Shaving shipping risk

Business, Wichit Chantanusornsiri, Published on 15/03/2021

» The pandemic is a once-in-a-century crisis that will leave scars in the form of persistent economic damage, and some insurance companies see the risks as a ticking time bomb.