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BUSINESS

Another payment stream for retirees

Business, Wichit Chantanusornsiri, Published on 30/10/2023

» The global population has increased rapidly in the last 30 years, while two-thirds of people older than age 60 are in developing countries, especially in Asia.

BUSINESS

Welfare card registration likely to reopen

Business, Wichit Chantanusornsiri, Published on 16/03/2021

» The Finance Ministry looks set to open a new round of state welfare card registration, expecting the number of eligible recipients will outnumber the previous round due to rising numbers of jobless workers.

BUSINESS

Handicapped and elderly get 3 million welfare cards

Business, Wichit Chantanusornsiri, Published on 26/06/2019

» Over 3 million state welfare smartcards have been distributed to recipients, mainly the disabled, the elderly and bedridden patients, who registered in the added round for the state-sponsored subsidy and welfare scheme for low-income earners.

BUSINESS

Updated criteria aimed at thinning welfare rolls

Business, Wichit Chantanusornsiri, Published on 24/06/2019

» The family-based qualification criteria for welfare smartcard holders will be replaced by an individual income benchmark, with the aim of lowering the number of recipients to less than 10 million.

BUSINESS

FPO proposes debt test to screen welfare smartcard recipients

Business, Wichit Chantanusornsiri, Published on 14/12/2018

» The Fiscal Policy Office (FPO) has floated the idea of adding debt burden to the criteria in screening recipients for the government's welfare and subsidy scheme for the poor in an effort to weed out cheats.

BUSINESS

Submissions set for 1.1m more welfare applicants

Business, Wichit Chantanusornsiri, Published on 13/07/2018

» The Interior Ministry is set to submit information for an additional 1.1 million low-income earners who registered for the state's welfare and subsidy scheme to the Finance Ministry by the end of this month.

BUSINESS

Ministry aims to buoy 5.3m in poverty

Business, Wichit Chantanusornsiri, Published on 13/02/2018

» The Finance Ministry wants to help all 5.3 million people living below the 30,000-baht-per-year poverty line to cross the threshold by next year, says Somchai Sujjapongse, permanent secretary for finance.

BUSINESS

Minimum wage deduction set to rise

Business, Wichit Chantanusornsiri, Published on 26/01/2018

» The Finance Ministry will soon seek cabinet approval to temporarily raise tax-deductible expenses for the minimum wage paid to employees to 1.15 times from 1 at present, an adjustment that can absorb employment costs of 9-10 baht a day per employee if it wins the nod, says Finance Minister Apisak Tantovorawong.