Showing 1 - 10 of 16
New fund may finance electric rail lines
Business, Wichit Chantanusornsiri, Published on 02/02/2026
» The State Enterprise Policy Office (Sepo) is studying guidelines for establishing a 200-billion-baht Thailand Future Fund to acquire all electric railway projects in Bangkok and surrounding areas, bringing them under state ownership.
Fate of N3 lottery hangs in the balance
Business, Wichit Chantanusornsiri, Published on 25/11/2024
» The government may reconsider the sale of three-digit lottery tickets, or N3, if the experimental phase fails to effectively address the issue of underground lotteries.
Three-digit lottery tickets coming this month
Wichit Chantanusornsiri, Published on 03/10/2024
» The Government Lottery Office (GLO) plans to issue three-digit lottery tickets this month to tackle the twin issues of overpricing and black-market tickets, board member Thanavath Phonvichai said on Wednesday.
Planned fund to make electric cars cheaper
Business, Wichit Chantanusornsiri, Published on 26/11/2021
» A government fund is expected to subsidise the prices of electric vehicles (EVs) to keep them closer to the cost of cars powered by internal combustion engines, according to Finance Minister Arkhom Termpittayapaisith, as part of a promotion in Thailand.
VAT refund for tourists hiked to B30,000
Business, Wichit Chantanusornsiri, Published on 18/10/2019
» The Revenue Department is set to raise the ceiling for value-added tax (VAT) refunds for tourists at downtown agents to 30,000 baht per traveller from 12,000 baht at present.
Applications for VAT refund agents to open
Business, Wichit Chantanusornsiri, Published on 23/09/2019
» The Revenue Department is set to open applications for permanent downtown value-added tax (VAT) refund agents after satisfactory outcomes during a trial run, with higher sales from VAT-free shops to tourists.
TCC submits business support schemes
Business, Wichit Chantanusornsiri, Published on 14/09/2019
» The Thai Chamber of Commerce (TCC) has proposed a raft of measures, including establishing permanent downtown value-added tax (VAT) refund points and a public-private committee tasked with solving taxation problems and regulatory obstacles, in order to facilitate business and drive the country's economic growth.
Good governance sorely lacking at state-run banks
News, Wichit Chantanusornsiri, Published on 25/07/2019
» During parliamentary debates on the Prayut Chan-o-cha government's policy statement, scheduled for tomorrow and Friday, the state-run Krung Thai Bank's (KTB) 9.9-billion-baht loan scandal will likely be taken up by the opposition targeting one cabinet member, Finance Minister and Palang Pracharath Party (PPRP) leader Uttama Savanayana. When the loan was approved in 2003, Mr Uttama was an executive board member of the bank.
3 more countries for NSW system
Business, Wichit Chantanusornsiri, Published on 09/07/2019
» The Customs Department aims to link the National Single Window (NSW) with three more countries this year, expanding the electronic exchange system of trade-related data.
Web scraping a new tool in revenue hunt
Business, Wichit Chantanusornsiri, Published on 03/01/2019
» The Revenue Department plans to launch a trial run of web scraping, a technique used for extracting data from websites, in order to prevent tax avoidance by pure-online vendors.