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BUSINESS

Whither populism?

Business, Wichit Chantanusornsiri, Published on 16/01/2026

» Compared with the previous election, when some parties promised to distribute hundreds of billions of baht in cash and others pledged infrastructure projects worth trillions, the level of populism in campaign pledges during this election appears to have declined, which academics see as a positive development.

BUSINESS

Call for swift reform of tax incentives

Business, Wichit Chantanusornsiri, Published on 08/01/2026

» Tax benefits for salaried workers will gradually decline from 2027 if long-term savings and investment measures are not improved, says caretaker finance minister Ekniti Nitithanprapas.

THAILAND

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.

OPINION

Lottery retirement savings plan risky

Oped, Wichit Chantanusornsiri, Published on 23/10/2025

» Lotteries are among the oldest forms of betting. Yet in modern times, various governments have used this popular form of gambling to encourage financial savings among citizens and even retirees.

BUSINESS

Co-payment, welfare card schemes backed to lift GDP

Business, Wichit Chantanusornsiri, Published on 06/10/2025

» The Finance Ministry expects the "Khon La Khrueng" co-payment scheme and increased allowances under the state welfare card programme to lift private consumption by 0.87 percentage points.

BUSINESS

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.

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

Name of new BoT chief to be presented to cabinet on Tuesday

Business, Wichit Chantanusornsiri, Published on 22/07/2025

» The nomination for the next governor of the Bank of Thailand is set to be submitted for cabinet approval on Tuesday, with Vitai Ratanakorn, president of the Government Savings Bank, highly likely to be the name put forward by Finance Minister Pichai Chunhavajira.

BUSINESS

Committee endorses 4 rice projects worth over B50bn

Business, Wichit Chantanusornsiri, Published on 02/07/2025

» The National Rice Policy and Management Committee has approved four projects worth more than 50 billion baht to maintain price stability and strengthen security for rice farmers.

BUSINESS

Bank of Thailand chief selection on course

Business, Wichit Chantanusornsiri, Published on 25/06/2025

» The top qualifications for the new governor of the Bank of Thailand must include the ability to work smoothly and effectively with the Finance Ministry, says Finance Minister Pichai Chunhavajira.