Showing 1 - 10 of 188
VAT refunds surge after reopening
Business, Wichit Chantanusornsiri, Published on 31/05/2023
» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
NESDC demands discipline
Business, Wichit Chantanusornsiri, Published on 16/05/2023
» The National Economic and Social Development Council (NESDC) has warned the new government to strictly maintain financial and fiscal discipline as it will affect foreign investors' confidence in the Thai economy, says secretary-general Danucha Pichayanan.
Baht all safe and sound
Business, Wichit Chantanusornsiri, Published on 24/04/2023
» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.
State agencies prep new 'gifts'
Business, Wichit Chantanusornsiri, Published on 20/12/2022
» Government agencies including the Finance Ministry are expected to propose measures to ease the cost of living for consumers and businesses, aiming to stimulate domestic consumption via "New Year's gifts", for cabinet consideration on Tuesday, says a ministry source who requested anonymity.
FPO describes country's economy as being 'in good shape'
Business, Wichit Chantanusornsiri, Published on 29/11/2022
» The Thai economy has stabilised, with inflationary pressures subsiding and public debt still below 70% of the country's GDP, according to the Fiscal Policy Office (FPO).
Talks aimed at quashing Ponzi fraud
Business, Wichit Chantanusornsiri, Published on 22/11/2022
» The Department of Special Investigation (DSI) and the Finance Ministry have discussed methods to strengthen their efforts to prevent Ponzi schemes, says Fiscal Policy Office director-general Pornchai Thiraveja.
Kiatnakin economist sees bleak scenarios for 2023
Business, Wichit Chantanusornsiri, Published on 10/11/2022
» Global economic volatility next year will affect the Thai economy, especially for small and medium-sized enterprises (SMEs) that have yet to recover from the impact of the pandemic, says Supavud Saicheua, adviser to Kiatnakin Phatra Financial Group.
SEC prepares new rules for market investment
Business, Wichit Chantanusornsiri, Published on 25/03/2022
» The Securities and Exchange Commission (SEC) is drawing up new rules regarding investments in digital assets, aiming to ensure economic benefits and protect investors, says Finance Minister Arkhom Termpittayapaisith.
Balancing act in bid to raise revenue
Business, Wichit Chantanusornsiri, Published on 17/01/2022
» The government is inching towards imposing taxes on some products and ending tax waivers to ensure fiscal stability and expand the tax base.
Exim Bank's tools can help SMEs survive, thrive
Business, Wichit Chantanusornsiri, Published on 08/12/2021
» Although many parties share common views on a better economic outlook for Thailand and the world next year, small and medium-sized enterprises (SMEs) might still have no good reason to celebrate, said Rak Vorrakitpokatorn, president of Export-Import Bank of Thailand (Exim Bank).