Showing 1 - 10 of 32
Call for measures to halt surge in bad debt
Business, Wichit Chantanusornsiri, Published on 10/06/2025
» The National Economic and Social Development Council (NESDC) wants to improve the conditions for debt restructuring to prevent special mention (SM) loans from deteriorating into non-performing loans (NPLs), after a noticeable increase in the former in last year's fourth quarter.
Move to employ foreign pilots riles Thai pilots
Business, Wichit Chantanusornsiri, Published on 04/12/2024
» The domestic aviation industry is thriving, with the cabinet on Tuesday approving foreign pilots flying domestic routes temporarily to address the pilot shortage, while the Thai Pilots Association is preparing to submit a petition to restrain this amendment.
Minister urges tax system reshuffle
Business, Wichit Chantanusornsiri, Published on 15/10/2024
» As Thailand's demographics trend older, the nation urgently needs to adjust its tax structure and expand the number of people participating in the tax system to meet future expenses, says Deputy Finance Minister Julapun Amornvivat.
Student loan applications reach record high
Business, Wichit Chantanusornsiri, Published on 11/09/2024
» The number of students applying for loans from the Student Loan Fund (SLF) rose to 837,000 for the 2024 academic year, a new record high attributed to the economic downturn.
Official backs negative income tax concept
Business, Wichit Chantanusornsiri, Published on 09/09/2024
» Finance permanent secretary Lavaron Sangsnit has voiced his support for the negative income tax (NIT) scheme, which would provide welfare payments to workers, also known as workfare, when their income falls below a specified threshold.
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
NESDC issues warning on welfare spending surge
Business, Wichit Chantanusornsiri, Published on 28/11/2023
» The National Economic and Social Development Council (NESDC) has warned the government that the fiscal gap is starting to narrow due to the expansion of the state welfare budget, said secretary-general Danucha Pichayanan.
Think tank calls for personal income tax restructuring
Business, Wichit Chantanusornsiri, Published on 03/03/2023
» The government needs to revamp the tax structure, especially the personal income tax, to bridge the income gap and ensure a fairer system, according to the National Economic and Social Development Council (NESDC).
Thai consumption keeps increasing amid recovery
Business, Wichit Chantanusornsiri, Published on 28/02/2023
» Private consumption improved in January, according to the Fiscal Policy Office's director-general Pornchai Thiraveja.
Arkhom calls for post-Covid reforms
Business, Wichit Chantanusornsiri, Published on 19/10/2021
» Thailand will have to improve in three areas in order to handle key problems in the future, said Finance Minister Arkhom Termpittayapaisith.