Showing 11 - 20 of 20
2014 revenue could miss target
Business, Wichit Chantanusornsiri, Published on 07/04/2014
» Government revenue for fiscal 2014 could fall below target as a result of the ongoing political uncertainty, says Chakkrit Parapuntakul, the deputy permanent secretary for finance.
GLO chief denies foul play in draw
Business, Wichit Chantanusornsiri, Published on 18/03/2014
» The twice-monthly government lottery is in the spotlight after the latest results exactly matched the licence plate numbers of caretaker Prime Minister Yingluck Shinawatra's vehicles for the ninth time since she took the helm, prompting claims that the draws were "locked" to favour insiders.
B17bn rice loan eases pressure on government
News, Wichit Chantanusornsiri, Published on 15/02/2014
» The caretaker government has secured a loan of 17 billion baht from the Government Savings Bank (GSB), which will be used to distribute overdue payments to rice farmers.
SME Bank votes out Manoorat
Business, Wichit Chantanusornsiri, Published on 06/02/2014
» The board of the Small and Medium Enterprise Development Bank of Thailand (SME Bank) has unanimously voted to oust president Manoorat Lertkomolsuk after his performance evaluation failed to meet requirements, adding to fresh setbacks.
Rice scheme tests limits of fiscal prudence
News, Wichit Chantanusornsiri, Published on 09/01/2014
» Imagine this scenario. You want to remodel your kitchen with some new cabinets, floor tiles and appliances, which your contractor will do for 50,000 baht and two days' work.
Changing the political system begins with the citizens
News, Wichit Chantanusornsiri, Published on 19/12/2013
» Incremental progress perhaps, but progress nevertheless. No longer is the public debate about the necessity of political reform, but rather when and in what form. People no longer doubt that political change is a prerequisite before tackling other problems, whether it be economic competitiveness, income inequality or educational reform. No, I believe that we have reached a tipping point, one in which all sides of the social, political and economic spectrum agree that change is necessary and overdue if Thailand is to ever move forward.
Conflicts put rating in jeopardy
Business, Wichit Chantanusornsiri, Published on 04/12/2013
» Two international credit rating agencies have warned that Thailand's sovereign rating is at risk if the political unrest is prolonged, says finance permanent secretary Rangsan Sriworasart.
SME Bank squabble halts rehab
Business, Wichit Chantanusornsiri, Published on 07/09/2013
» The business rehabilitation plan of the Small and Medium Enterprise Development Bank of Thailand (SME Bank) is unlikely to achieve its target due to the disagreement between management and the board over senior management restructuring, said president Manoonrat Lertkomolsuk.
Cure for ailing farmers worse than the disease
News, Wichit Chantanusornsiri, Published on 15/08/2013
» Since the first Thaksin Shinawatra government in 2001, and all the way to the current Yingluck Shinawatra government, one clear priority for Thailand's political leaders has been the importance of poverty alleviation policies.
Benefits boost imminent for Government Pension Fund
Business, Wichit Chantanusornsiri, Published on 04/06/2012
» The request of members of the Government Pension Fund (GPF) for a benefits increase after they retire will likely be approved soon, with a total budget required of nearly 100 billion baht, says Supa Piyajitti, the finance deputy permanent secretary.