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Search Result for “costs”

Showing 1 - 10 of 38

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GENERAL

Airlines urge excise tax cut

Business, Wichit Chantanusornsiri, Published on 14/06/2024

» Budget airlines are calling on the Finance Ministry to help reduce the excise tax on jet fuel to lower costs for airlines, which claim to be in a fragile state.

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GENERAL

New pension lottery intends to assist informal workers

Business, Wichit Chantanusornsiri, Published on 07/06/2024

» The Finance Ministry plans to introduce a pension lottery to promote retirement savings.

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GENERAL

Trade upgrade

Business, Wichit Chantanusornsiri, Published on 03/06/2024

» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.

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GENERAL

Exports must shift to cleaner production

Business, Wichit Chantanusornsiri, Published on 31/05/2024

» With the world moving towards green production, Deputy Finance Minister Paopoom Rojanasakul warns that Thailand will fall behind if the country does not shift in this direction.

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GENERAL

Minister unveils effort to shrink credit blacklist

Business, Wichit Chantanusornsiri, Published on 30/05/2024

» Finance Minister Pichai Chunhavajira has pitched shortening the duration for bad debtors to remain on the National Credit Bureau's blacklist, allowing them to access new borrowing opportunities sooner.

GENERAL

More local input needed to adjust tax law

Business, Wichit Chantanusornsiri, Published on 17/05/2024

» Local governments must play a greater role in amending the land and building tax law, which has been in effect for five years, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

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GENERAL

Cabinet approves new energy subsidies

Business, Wichit Chantanusornsiri, Published on 08/05/2024

» The cabinet has endorsed initiatives aimed at easing people's energy expenses, covering caps on diesel and cooking gas prices, as well as subsidies for electricity bills for vulnerable groups.

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GENERAL

Pichai takes finance helm

Business, Wichit Chantanusornsiri, Published on 08/05/2024

» Newly appointed Finance Minister Pichai Chunhavajira has vowed to expedite efforts to deal with household debt, revive the economy and increase individuals' income.

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GENERAL

Interest burden hovers over digital wallet

Business, Wichit Chantanusornsiri, Published on 06/05/2024

» The ratio of interest burden to estimated government revenue is projected to increase to 11% next year from 8% in 2024, should the government proceed with its flagship digital wallet handout.

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GENERAL

How VAT on cheap imported goods adds up

Business, Wichit Chantanusornsiri, Published on 02/05/2024

» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.