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  • BUSINESS

    Taxing times for Prayut

    Business, Published on 23/03/2015

    » The sudden turnaround by Prime Minister Prayut Chan-o-cha on the imposition of the land and buildings tax brought relief to middle-income taxpayers but prompted confusion among economists, policymakers and even the finance minister himself.

  • BUSINESS

    2015 projects could run to B100bn

    Business, Published on 19/06/2014

    » The first-year investment budget for the 2.4-trillion-baht infrastructure plan to be proposed today by the transport strategy committee is expected to reach 100 billion baht.

  • ADVANCED NEWS

    Rice subsidy dangers

    Jon Fernquest, Published on 03/02/2014

    » Silos across country filled with millions of tonnes of rice with govt only buyer & slow to sell. As cost of scheme soars, delayed payments to farmers & protests nationwide.

  • BUSINESS

    A rotten harvest

    Business, Published on 03/02/2014

    » In the two years since the launch of the government's rice pledging policy, where do we stand now? Silos across the country are filled to the brim with millions of tonnes of grain, as the government has become the sole buyer of rice in the country but been slow to sell. Farmers nationwide are protesting about delayed payments as the cost of the scheme soars. And taxpayers are facing hundreds of billions of baht in losses, with the bill rising with each passing day due to the fact that the programme is a bald-faced subsidy paying farmers up to 40% above the market price.

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