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BUSINESS

Treasury touts stalled Mo Chit project

Business, Wichit Chantanusornsiri, Published on 03/02/2026

» The Treasury Department is moving ahead with the long-delayed land development project at the old Mo Chit bus terminal site, which has dragged on for more than 30 years, with a conclusion expected by September.

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

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.

BUSINESS

New lottery under threat as sales sag

Business, Wichit Chantanusornsiri, Published on 04/04/2025

» The three-digit N3 lottery run by the Government Lottery Office (GLO) may be discontinued as it struggles to compete with underground versions.

BUSINESS

Local deposits forecast to expand by 1-3%

Business, Wichit Chantanusornsiri, Published on 27/03/2025

» The deposits of Thais are expected to grow by 1-3% in 2025 year-on-year, in line with the slow growth of the Thai economy amid uncertainties both domestically and internationally, according to the Deposit Protection Agency (DPA).

BUSINESS

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.

BUSINESS

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.

BUSINESS

Retirement lottery to the rescue

Business, Wichit Chantanusornsiri, Published on 25/07/2024

» It is alarming that nearly half of the country's workforce, comprising 37.5 million people, lacks a retirement savings plan.

THAILAND

Cabinet approves Bangkok's Orange Line route

News, Wichit Chantanusornsiri, Published on 17/07/2024

» The cabinet on Tuesday gave the green light for Bangkok Expressway and Metro Plc (BEM) to kick off the western route project of the Orange Line, according to government spokesman Chai Wacharonke.

BUSINESS

State lottery changing to digital

Business, Wichit Chantanusornsiri, Published on 13/01/2024

» The Government Lottery Office (GLO), a state-owned enterprise under the Finance Ministry, plans to gradually shift general lottery stalls to digital lottery stalls starting next month, says permanent finance secretary Lavaron Sangsnit.