Showing 51 - 60 of 86
FPO mulls calculation for welfare
Business, Wichit Chantanusornsiri, Published on 09/03/2019
» The Fiscal Policy Office (FPO) is studying whether the budgets for fiscal 2019 and 2020 are sufficient to finance the welfare policies promised by political campaigns.
Welfare not a banquet, but a necessity
News, Wichit Chantanusornsiri, Published on 07/03/2019
» The ongoing election campaign is seeing all competing political parties make ambitious promises to turn Thailand into a welfare state to entice their prospective supporters.
Chinese New Year refund flops
Business, Wichit Chantanusornsiri, Published on 04/03/2019
» The value-added tax (VAT) refund scheme for Chinese New Year shopping failed miserably, with a meagre 10 million baht in transactions.
State to dole out 100% of budget
Business, Wichit Chantanusornsiri, Published on 27/02/2019
» The Comptroller-General's Department wants to see the entire annual budget expenditure for fiscal 2019 doled out, citing the amended Budgetary Procedure Act and the department's close monitoring of state agencies' budget disbursement.
Excise revenue tops January target on election hope
Business, Wichit Chantanusornsiri, Published on 15/02/2019
» The Excise Department's revenue collection surpassed the target for the first time this fiscal year in January, reaping a windfall as the upcoming general election boosted consumption demand.
Poverty is not a political commodity
News, Wichit Chantanusornsiri, Published on 14/02/2019
» As the election is drawing near, most if not all political parties are making eradicating poverty and closing the economic gap their flagship policy, rolling out enticing populist programmes in the hope of winning the hearts and minds of voters.
E-tax bill on foreign firms unlikely to pass
Business, Wichit Chantanusornsiri, Published on 29/01/2019
» The Revenue Department expects a draft bill on e-business tax, a levy on foreign-based online platform operators earning income in Thailand, will not be vetted by lawmakers before the Prayut Chan-o-cha government leaves office.
Fiscal Policy Office: GDP to overcome snags
Business, Wichit Chantanusornsiri, Published on 29/01/2019
» The Fiscal Policy Office (FPO) is bullish on the economic outlook, forecasting growth will meet its potential at 4% this year, despite mounting uncertainties, particularly on the external front.
Wake up and ‘smell’ the boiling water
News, Wichit Chantanusornsiri, Published on 10/01/2019
» Despite the uncertain date of the long-awaited election, political parties have intensified their poll campaigns, offering tempting policies to attract voters. A quick look at the campaign pledges of the competing parties suggests they want to turn Thailand into a welfare state. That would be a tough task.
E-business levy draft bill stuck in limbo
Business, Wichit Chantanusornsiri, Published on 09/01/2019
» A draft bill on e-business tax, a levy on foreign-based online platform operators earning income in Thailand, is at risk of not being vetted by lawmakers before the government leaves office.