Showing 1 - 10 of 11
Oil tax cuts possible if subsidies get too pricey
Wichit Chantanusornsiri, Published on 18/03/2026
» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.
Exim Bank anticipates 3% export growth
Business, Wichit Chantanusornsiri, Published on 17/12/2024
» The Export-Import Bank of Thailand (Exim Bank) projects exports to grow by 3% both this year and next, marking the first time in six years that export growth has achieved this level.
Over 1m appeal cash handout rejection
Business, Wichit Chantanusornsiri, Published on 22/04/2020
» More than 1 million applicants rejected for the 5,000-baht monthly cash handout submitted appeals online in the two days since the government opened the appeal process, says the Finance Ministry.
Move for blanket cheques dismissed
Business, Wichit Chantanusornsiri, Published on 21/04/2020
» The Finance Ministry has shrugged off proposals made by 20 parliament members from three coalition parties, saying the monthly 5,000-baht assistance cannot be handed out to all households as some are not affected by the pandemic.
Mid-year funds available for more stimulus
Business, Wichit Chantanusornsiri, Published on 17/02/2020
» A mid-year budget worth 100 billion baht is available for the government to finance new economic stimulus measures while the fiscal 2020 budget is held up, says a senior official at the Finance Ministry.
Investment misses public target levels
Business, Wichit Chantanusornsiri, Published on 11/02/2020
» A meagre 25 billion baht in investment budget was doled out in the first three months of fiscal 2020, as the months-delayed 3.2-trillion-baht budget bill has yet to be enforced, says a source at the Finance Ministry who requested anonymity.
Finance Ministry looks for budget stopgap
Business, Wichit Chantanusornsiri, Published on 27/01/2020
» The Finance Ministry is considering the possibility of borrowing under the Public Debt Management Act to finance new state investment projects in case the 3.2-trillion-baht budget expenditure for fiscal 2020 hits further snags.
Shutdown unlikely, says Uttama
Business, Wichit Chantanusornsiri, Published on 25/01/2020
» Finance Minister Uttama Savanayana has rushed to assure that Thailand will not suffer a government shutdown, even in the worst-case scenario that the 3.2-trillion-baht annual budget bill for fiscal 2020 faces a further hold-up.
UTCC says budget delay will hit growth
Business, Wichit Chantanusornsiri, Published on 24/01/2020
» The University of the Thai Chamber of Commerce (UTCC) has flagged concerns that the economy could expand by less than 2.5% this year if the annual budget bill for fiscal 2020 hits further snags after some MPs were reported to have voted in favour of the bill without being present in the House.
State braced for budget bill delay
Business, Wichit Chantanusornsiri, Published on 23/01/2020
» The government is preparing a Plan B to brace for the possibility of a further delay in the 3.2-trillion-baht budget bill for fiscal 2020 after some members of parliament indicated they would vote in favour of the bill without being present in the chamber.