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BUSINESS

EV promotions adjusted to address glut

Business, Wichit Chantanusornsiri, Published on 16/06/2025

» The government is stepping up efforts to adjust the conditions of electric vehicle (EV) promotion measures to address a potential oversupply.

BUSINESS

New Thai ESG fund to be launched soon

Business, Wichit Chantanusornsiri, Published on 20/02/2025

» The new Thai ESG (environmental, social and governance) fund, which is being established to ease the selling pressure of long-term equity funds (LTFs) that have matured, is expected to be finalised in the first quarter of this year.

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.

PROPERTY

Trying to create a fairer property tax

Business, Wichit Chantanusornsiri, Published on 13/06/2024

» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.

BUSINESS

Finance Ministry mulls land and building tax cuts

Business, Wichit Chantanusornsiri, Published on 05/11/2022

» The Finance Ministry is considering a proposal to reintroduce a reduced land and building tax over the next two years, says Finance Minister Arkhom Termpittayapaisith.

BUSINESS

Aid package for property under way

Business, Wichit Chantanusornsiri, Published on 19/10/2019

» An aid package for the property sector that includes a temporary cut of mortgage and transfer fees to a single rate of 0.01% for homes priced at up to 3 million baht will seek cabinet approval this month.

BUSINESS

REIC urges state to cut transfer fees

Business, Wichit Chantanusornsiri, Published on 18/10/2019

» With property sales expected to shrink by 5-7% this year, the government should trim transfer fees for properties to stimulate consumer demand, says GH Bank's Real Estate Information Center (REIC).

BUSINESS

GSB, GH Bank to fund cheap house project

Business, Wichit Chantanusornsiri, Published on 18/06/2019

» State-owned Government Savings Bank (GSB) and GH Bank will jointly extend pre- and post-financing worth 4 billion baht for five low-cost residential projects under the Pracharath Thai housing scheme.

BUSINESS

GH Bank backs state housing

Business, Wichit Chantanusornsiri, Published on 27/08/2018

» State-owned GH Bank's board has approved a 60-billion-baht loan allotment for the imminent 1-million-unit low-cost housing project to comply with the government's policy to encourage low-income earners, the elderly and first-time workers to own homes.

BUSINESS

Windfall tax likely to deflate property bubble

Business, Wichit Chantanusornsiri, Published on 12/03/2018

» The land windfall tax is expected to help fend off a property market bubble as developers take care to avoid tax liabilities that will come into effect if the value of unsold residential units exceeds 50 million baht.