Showing 1 - 10 of 12
Council of State spikes lottery partial-refund hopes
News, Wichit Chantanusornsiri, Published on 08/12/2025
» The Council of State (CoS) has advised against a proposal to offer partial refunds to buyers of digital lottery tickets who do not win prizes because the plan was deemed to exceed the authority of the Government Lottery Office (GLO), says a top finance official.
PM urges insurers to step up flood payouts
Business, Wichit Chantanusornsiri, Published on 28/11/2025
» Prime Minister Anutin Charnvirakul has instructed insurance companies to expedite payouts for home and car insurance claims in the flood-affected areas in southern Thailand, with claimants only required to submit photos via Line or other designated channels to insurance companies as evidence.
New retirement lottery scheme slammed by critics
Business, Wichit Chantanusornsiri, Published on 03/10/2025
» Critics are arguing the new government's proposed online lottery for retirement savings is a weaker tool for building savings than the previous administration's "retirement lottery" programme.
Office exploring lotto-style scheme
Business, Wichit Chantanusornsiri, Published on 29/09/2025
» The Government Lottery Office (GLO) is studying the feasibility of issuing a "lotto-style" lottery, in which private companies would manage the issuance of the lottery instead of the GLO.
Thai Retirement Lottery sales slated for Q4
Wichit Chantanusornsiri, Published on 22/08/2025
» The Retirement Lottery project is likely to begin sales in the fourth quarter of this year, according to Deputy Finance Minister Paopoom Rojanasakul.
Flood victims in Southern Thailand to get cash aid
News, Wichit Chantanusornsiri, Published on 02/12/2024
» Deputy Prime Minister Anutin Charnvirakul said the government intends to compensate every household affected by flooding in the South with 9,000 baht in a similar fashion to payouts made to those recently affected by floods in the North.
Tax exemptions for flood payments
Business, Wichit Chantanusornsiri, Published on 16/10/2024
» The cabinet has approved a tax exemption for corporate income derived from insurance payouts to policyholders affected by this year's floods.
Insurance fund offers quick payout
Business, Wichit Chantanusornsiri, Published on 03/05/2024
» The General Insurance Fund (GIF) is presenting a choice to Covid-19 policyholders by offering a discounted rate for payment now instead of waiting for future payouts.
Government ready to bear part of Covid-19 payout
Business, Wichit Chantanusornsiri, Published on 21/12/2023
» The government will bear some of the burden for the payment of claims from Covid-19 policyholders, says Deputy Finance Minister Julapun Amornvivat.
Bid to hasten Covid payouts
Business, Wichit Chantanusornsiri, Published on 13/02/2023
» The Finance Ministry plans to speed up the payment of lump sum claims from Covid-19 policyholders of four dissolved non-life insurance companies, says permanent finance secretary Krisada Chinavicharana.