Showing 1 - 10 of 275
Fiscal 2025 public debt estimated at 66% of GDP
Business, Wichit Chantanusornsiri, Published on 19/09/2024
» The level of public debt for fiscal 2025 is projected at 66% of GDP, which is below the fiscal sustainability threshold of 70%.
Law to tax income from overseas in the works
Wichit Chantanusornsiri, Published on 06/09/2024
» The Thai Revenue Department is drafting a law to tax the income of individuals residing in Thailand that originates from overseas.
Poor may be priority for digital handout
Business, Wichit Chantanusornsiri, Published on 30/08/2024
» The digital wallet handout may be distributed first to groups of people that most need it for spending to inject money into the economy towards the end of this year, says caretaker Deputy Finance Minister Paopoom Rojanasakul.
Thai govt eager to proceed with sales of Vayupak Fund units
Business, Wichit Chantanusornsiri, Published on 16/08/2024
» Despite Thailand's political reshuffle, the State Enterprise Policy Office (Sepo) remains committed to proceeding with the planned sale of units of the Vayupak Fund.
Hunting for a place at the financial table
Wichit Chantanusornsiri, Published on 16/08/2024
» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.
New Vayupak units to launch by year-end
Business, Wichit Chantanusornsiri, Published on 09/08/2024
» The Finance Ministry is preparing to conduct a market sounding for a new Vayupak Fund and expects to offer investment units for sale by the end of this year.
Government Savings Bank president maintains focus on social impact
Business, Wichit Chantanusornsiri, Published on 09/08/2024
» Vitai Ratanakorn, now in his second term as president of Government Savings Bank (GSB), has reiterated the bank's commitment to operating as a social bank, increasing access to the financial system for all people rather than focusing on maximising profits.
Cheap imports levied VAT from July
Business, Wichit Chantanusornsiri, Published on 22/06/2024
» The Royal Gazette has announced the Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht, effective from July 5.
Developing a strategy resilient to risk
Business, Wichit Chantanusornsiri, Published on 15/06/2024
» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.
IBank posts huge profit gain for 2023
Business, Wichit Chantanusornsiri, Published on 11/06/2024
» The Islamic Bank of Thailand (IBank) reported a 1,553% increase in net profit last year compared with 2022.