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BUSINESS

Minister clarifies digital services accord

Business, Wichit Chantanusornsiri, Published on 11/11/2025

» The Agreement on Reciprocal Trade between the US and Thailand regarding the exemption of import duties on digital services concerns the downloading of cross-border digital goods, not the provision of cross-border services or e-service tax, says Finance Minister Ekniti Nitithanprapas.

BUSINESS

Platform being prepped for phase 3 of handout

Business, Wichit Chantanusornsiri, Published on 27/12/2024

» The third phase of the government's 10,000-baht cash handout scheme will be distributed through a digital payment platform, according to Deputy Finance Minister Julapun Amornvivat.

BUSINESS

Customs urged to step up X-ray of imports

Business, Wichit Chantanusornsiri, Published on 23/01/2024

» The Finance Ministry has urged the Customs Department to screen all imported goods by utilising X-ray equipment for greater transparency, says Deputy Finance Minister Julapun Amornvivat.

BUSINESS

GSB uses ESG scores for loans to large firms

Business, Wichit Chantanusornsiri, Published on 24/07/2023

» The Government Savings Bank (GSB) has started to use environmental, social and governance (ESG) scoring in the process of considering loans to large businesses with a credit limit of 500 million baht or more, said president and chief executive Vitai Ratanakorn.

BUSINESS

Number of poor people to reach 15m next year

Business, Wichit Chantanusornsiri, Published on 15/11/2021

» The number of the poor in Thailand is expected to increase to 15 million next year from the current level of almost 14 million because of the impact of the prolonged Covid-19 outbreak, said Deputy Finance Minister Santi Promphat.

BUSINESS

Ministry to reassess aid applicants

Business, Wichit Chantanusornsiri, Published on 20/02/2021

» The Finance Ministry plans to reassess the eligibility of 13.8 million state welfare smartcard holders to effectively screen the status of low-income earners eligible for financial aid.

BUSINESS

Eligibility extension under consideration

Business, Wichit Chantanusornsiri, Published on 02/02/2021

» People registered in the social security system are in the pipeline to be eligible to receive the 7,000-baht money transfer under the Rao Chana (We Win) scheme, says Finance Minister Arkhom Termpittayapaisith.

BUSINESS

TCG's merchant of risks

Business, Wichit Chantanusornsiri, Published on 23/01/2021

» Labelling himself both an undertaker and merchant of risks, Rak Vorrakitpokatorn has a mission to help comatose small and medium-sized enterprises (SMEs) survive profound hardships during this major economic crisis.

BUSINESS

State mulls 3rd co-payment tier

Business, Wichit Chantanusornsiri, Published on 17/12/2020

» The Finance Ministry is assessing consumer demand for the co-payment scheme, with the possibility of launching a third phase of registration if necessary.

BUSINESS

Governorship candidate vetting process begins on June 25

Business, Wichit Chantanusornsiri, Published on 18/06/2020

» A committee to nominate the Bank of Thailand's new chief will consider the qualifications of the four applicants on June 25, who will then be required to present their visions on June 29, says a source at the Finance Ministry who requested anonymity.