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Search Result for “unequal”

Showing 1 - 5 of 5

BUSINESS

State enterprises vital to OECD negotiations

Business, Wichit Chantanusornsiri, Published on 17/10/2025

» The Organisation for Economic Co-operation and Development (OECD) is requiring Thailand ensure non-discrimination in the bidding processes of its state-owned enterprises (SOEs), while Thailand has requested a five-year period to implement the necessary adjustments.

BUSINESS

Bad debts have reached peak, says state bank

Business, Wichit Chantanusornsiri, Published on 02/01/2025

» The Government Savings Bank (GSB) has the view that non-performing loans (NPLs) in the financial system have already peaked.

BUSINESS

Online sales reporting ‘could bring in B10bn in taxes’

Wichit Chantanusornsiri, Published on 04/01/2024

» A requirement for online platform operators to submit sellers’ income statements to the Revenue Department should increase tax revenue by roughly 10 billion baht, says Lavaron Sangsnit, permanent secretary of the Ministry of Finance.

OPINION

Rich get richer, poor get the picture

News, Wichit Chantanusornsiri, Published on 09/01/2020

» This year the new land and building tax law takes effect with the new tax regime hardly affecting ordinary people who do not own second homes. It rather effects super rich people who have owned land in amounts so vast that they would have to spend a good part of their life if they wanted to walk around every plot of their land.

OPINION

High-income goal needs a reality check

News, Wichit Chantanusornsiri, Published on 31/10/2019

» Thailand "will become a high-income country by 2036", said Prime Minister Prayut Chan-o-cha, as he spoke of his "Vision 2036" at the 74th Session of the United Nations General Assembly in New York last month.