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BUSINESS

Bill could transform leasehold landscape

Business, Wichit Chantanusornsiri, Published on 15/06/2018

» The leaseholds draft bill, which maintains maximum lease terms of 50 years for commercial purposes and 30 years for other purposes, would also allow lease rights to be transferable and inheritable, a move intended to entice lessees and give a boost to the property market.

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OPINION

Time for new chapter in tackling poverty

News, Wichit Chantanusornsiri, Published on 14/06/2018

» Over the past years the government has boasted of numerous economic advances, including an increase in GDP figures. Yet this does not necessarily bode well for its plan to tackle poverty. In fact, these achievements have exacerbated economic inequality, with farmers now marginalised at the bottom of the social spectrum.

THAILAND

Imports of electronic and plastic waste surge in 2018

Business, Wichit Chantanusornsiri, Published on 14/06/2018

» Mountains of electronic and plastic waste are stacking up rapidly in Thailand after China banned the import of such trash last year, say a senior official at the Customs Department.

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THAILAND

E-waste shunned by China piles up in Thailand

Wichit Chantanusornsiri, Published on 13/06/2018

» Plastic and electronic waste banned from import by China is now engulfing Thailand, the Customs Department spokesman said Wednesday.

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BUSINESS

Revenue of state firms outperforms

Business, Wichit Chantanusornsiri, Published on 12/06/2018

» State enterprises contributed 25% more income than targeted during the eight months through May, says the chief of the State Enterprise Policy Office (Sepo).

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BUSINESS

Welfare scheme budget to drop by 13%

Business, Wichit Chantanusornsiri, Published on 09/06/2018

» The budget for the government's welfare and subsidy scheme for low-income earners is expected to decline by 13% to 40 billion baht in the next fiscal year after an additional monthly living allowance paid to recipients who participated in the career training programme comes to an end.

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BUSINESS

PDMO says public debt under control despite spree

Business, Wichit Chantanusornsiri, Published on 07/06/2018

» The Public Debt Management Office (PDMO) insists that the country's ratio of public debt to GDP will not exceed 50% over the next 10 years, despite the government's hefty investment plan for big-ticket infrastructure development worth 2 trillion baht over the next 4-5 years.

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THAILAND

Student loan repayments to be deducted from salaries

Wichit Chantanusornsiri, Published on 06/06/2018

» Officials at the Comptroller-General's Department who have outstanding student loans will have regular repayments deducted from their monthly salaries starting next month.

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BUSINESS

GSB optimistic about meeting loan target

Business, Wichit Chantanusornsiri, Published on 06/06/2018

» The state-owned Government Savings Bank (GSB) managed to lend 40 billion baht, half of the lower end of this year's target range, during the first four months this year, driven largely by the improving economy, its head says.

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BUSINESS

Sepo sell-off of foreclosed shares nears

Business, Wichit Chantanusornsiri, Published on 04/06/2018

» The State Enterprise Policy Office's plan to put the foreclosed shares of 24 unlisted companies on sale is expected to be finalised this month, Sepo's chief says.