Showing 1 - 10 of 10
Move for blanket cheques dismissed
Business, Wichit Chantanusornsiri, Published on 21/04/2020
» The Finance Ministry has shrugged off proposals made by 20 parliament members from three coalition parties, saying the monthly 5,000-baht assistance cannot be handed out to all households as some are not affected by the pandemic.
Proxy vote saga puts entire economy at great risk
News, Wichit Chantanusornsiri, Published on 30/01/2020
» As the Constitutional Court yesterday accepted a request by House Speaker Chuan Leekpai to rule on the validity of the 2020 budget bill, the fate of public spending and investment now hang in the balance, thanks to proxy voting by government coalition MPs which has put the legality of the bill in question.
Shutdown unlikely, says Uttama
Business, Wichit Chantanusornsiri, Published on 25/01/2020
» Finance Minister Uttama Savanayana has rushed to assure that Thailand will not suffer a government shutdown, even in the worst-case scenario that the 3.2-trillion-baht annual budget bill for fiscal 2020 faces a further hold-up.
UTCC says budget delay will hit growth
Business, Wichit Chantanusornsiri, Published on 24/01/2020
» The University of the Thai Chamber of Commerce (UTCC) has flagged concerns that the economy could expand by less than 2.5% this year if the annual budget bill for fiscal 2020 hits further snags after some MPs were reported to have voted in favour of the bill without being present in the House.
Uttama eyes tax adjustments
News, Wichit Chantanusornsiri, Published on 14/07/2019
» Finance Minister Uttama Savanayana on Saturday pledged to consider adjusting income tax and corporate tax to bring the two rates closer.
New property tax bill offers chance to narrow income gap
News, Wichit Chantanusornsiri, Published on 20/07/2017
» What level of wealth should make homeowners liable to the new tax structure? This is a question that members of the National Legislative Assembly (NLA) committee vetting a bill on the new land and building tax has been debating.
Changing the political system begins with the citizens
News, Wichit Chantanusornsiri, Published on 19/12/2013
» Incremental progress perhaps, but progress nevertheless. No longer is the public debate about the necessity of political reform, but rather when and in what form. People no longer doubt that political change is a prerequisite before tackling other problems, whether it be economic competitiveness, income inequality or educational reform. No, I believe that we have reached a tipping point, one in which all sides of the social, political and economic spectrum agree that change is necessary and overdue if Thailand is to ever move forward.
Kittiratt puts savings fund on ice, but Korn objects
Business, Wichit Chantanusornsiri, Published on 23/03/2013
» The Finance Ministry is set to freeze a plan that would set up a National Savings Fund as proposed by the previous government, saying the fund would overlap with the existing Social Security Fund Act.
Kittiratt defends pledging
Business, Wichit Chantanusornsiri, Published on 06/11/2012
» The rice pledging scheme, a topic set to figure prominently in the government censure debates later this month, utilises market forces more than past support programmes favoured by the Democrat Party, insisted Finance Minister Kittiratt Na-Ranong yesterday.
Kittiratt: 1-yr performance good
Wichit Chantanusornsiri, Published on 10/09/2012
» Finance Minister Kittiratt Na-Ranong is satisfied with the ministry's performance over the first year of the Yingluck government because of stimulation of the domestic economy and the target to achieve a balanced budget by 2017.