Showing 1 - 10 of 117
Infrastructure outlays to underpin growth
Business, Wichit Chantanusornsiri, Published on 16/01/2023
» The government aims to accelerate state investment this year to provide a tailwind to propel economic growth momentum.
Regional projects essential
Business, Wichit Chantanusornsiri, Published on 24/09/2019
» The government plans to push development of large industrial projects in southern and western regions, similar to the Eastern Economic Corridor (EEC), says Finance Minister Uttama Savanayana.
Wage hike to give SMEs tax windfall
Business, Wichit Chantanusornsiri, Published on 01/02/2018
» Small and medium-sized enterprises (SMEs) with annual sales of up to 100 million baht in 17 provinces where the daily minimum wage will be raised by an average of five baht will enjoy a double windfall from the government's measure that lets them deduct expenses for minimum wages.
VAT trawl nets big fish
Business, Wichit Chantanusornsiri, Published on 15/06/2015
» Since value-added tax (VAT) was introduced in 1992, there have been several cases of false refunds, but the offenders, especially the big fish, always managed to slip through authorities' fingers.
ANZ, SMTB set to open subsidiaries
Business, Wichit Chantanusornsiri, Published on 24/05/2014
» Former finance minister Kittiratt Na-Ranong gave the greenlight for two foreign banks to establish subsidiaries before he was removed from the position by a court order over the unconstitutional transfer of the National Security Council chief Thawil Pliensri, says a ministry source.
ANZ, SMTB to gain licence
Business, Wichit Chantanusornsiri, Published on 26/04/2014
» Australia and New Zealand Banking Group (ANZ) and Sumitomo Mitsui Trust Bank Ltd (SMTC) have met the Bank of Thailand's qualifications for licences to upgrade their local branches to subsidiaries, says a Finance Ministry source.
Collection expected to miss target
Business, Wichit Chantanusornsiri, Published on 25/04/2014
» The government’s revenue collection for the 2014 fiscal year is expected to fall at least 50 billion baht short of its target due largely to the faltering economy and overestimated excise diesel tax, an informed source at the Finance Ministry said.
BAAC rejects state again
Business, Wichit Chantanusornsiri, Published on 25/02/2014
» The caretaker government is struggling to find funds to pay rice farmers after it once again failed to pressure the Bank for Agriculture and Agricultural Cooperatives to use its liquidity to pay rice farmers, says a senior BAAC official.
B17bn rice loan eases pressure on government
News, Wichit Chantanusornsiri, Published on 15/02/2014
» The caretaker government has secured a loan of 17 billion baht from the Government Savings Bank (GSB), which will be used to distribute overdue payments to rice farmers.
Ministers baulk at e-auctions
Business, Wichit Chantanusornsiri, Published on 10/02/2014
» E-auctions of big projects worth a combined 66 billion baht have stalled on concerns that such bidding under a caretaker government may be unconstitutional, says the Comptroller-General's Department.