Showing 1 - 10 of 37
Somkid: Coalition to put off investors
Business, Wichit Chantanusornsiri, Published on 14/03/2019
» Deputy Prime Minister Somkid Jatusripitak is concerned that a fractured coalition will delay the formation of the next government and dampen investor confidence.
FPO proposes debt test to screen welfare smartcard recipients
Business, Wichit Chantanusornsiri, Published on 14/12/2018
» The Fiscal Policy Office (FPO) has floated the idea of adding debt burden to the criteria in screening recipients for the government's welfare and subsidy scheme for the poor in an effort to weed out cheats.
Ministry says 5% growth possible
Business, Wichit Chantanusornsiri, Published on 27/07/2018
» Thai GDP growth of 5% is likely this year if the global economy's performance and state spending outpace expectations, the Finance Ministry says.
Revenue Department in Thaksin tax grab funk
News, Wichit Chantanusornsiri, Published on 28/03/2017
» The government's chances of taxing former prime minister Thaksin Shinawatra over his sale of the family's stake in Shin Corp are slim, according to a Revenue Department source.
B127bn earmarked for rice scheme
Business, Wichit Chantanusornsiri, Published on 04/11/2016
» The government's scheme to delay releasing 10 million tonnes of new rice supply to the market, aimed at propping up sinking prices, will use a combined 127 billion baht in loans and subsidies, says the chief of the Bank of Agriculture and Agricultural Cooperatives (BAAC).
Yingluck's rice compensation order signed
Business, Wichit Chantanusornsiri, Published on 19/10/2016
» Deputy Finance Minister Wisudhi Srisuphan and finance permanent secretary Somchai Sujjapongse have signed an administrative order seeking 35.7 billion baht in compensation from former prime minister Yingluck Shinawatra over her alleged dereliction of duty in the loss-ridden rice-pledging scheme.
State will take 16 years to pay off rice-pledging debt
Business, Wichit Chantanusornsiri, Published on 19/09/2016
» Government debt worth 510 billion baht, borrowed from the Bank for Agriculture and Agricultural Cooperatives (BAAC) to fund the last administration's loss-making rice-pledging scheme, will take an estimated 16 years to be paid off.
Bill to limit politicians' influence
Business, Wichit Chantanusornsiri, Published on 11/07/2016
» The tenure of the planned national holding company's committee members will last for as long as six years so that they can act as a shield from politicians seeking to influence state-owned enterprises when the government changes hands, says the finance minister.
Extra budget to avert risks to growth
Business, Wichit Chantanusornsiri, Published on 07/01/2016
» The Budget Bureau will set an extra stimulus budget of 70-100 billion baht to fend off downside risks to the country's growth from the global economic slowdown.
Enterprises face revamp
Business, Wichit Chantanusornsiri, Published on 05/11/2015
» A draft bill governing establishment of a national holding company overseeing 12 corporatised state enterprises is expected to be submitted for cabinet approval by year-end.