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Search Result for “corruption”

Showing 1 - 10 of 39

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BUSINESS

KTB chief to impose discipline

Business, Wichit Chantanusornsiri, Published on 07/01/2019

» Krungthai Bank's board of directors has delegated KTB chief executive Payong Srivanich to take responsibility for proceeding with disciplinary actions against several of the bank's executives and employees who were found to be implicated in extending loans to Energy Earth Plc.

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BUSINESS

Huge 5-year budget for national reform

Business, Wichit Chantanusornsiri, Published on 30/04/2018

» The Budget Bureau has set a five-year budget framework for national reform through fiscal 2023 of more than 700 billion baht, with the biggest slice going to economic reform and water management.

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GENERAL

The thorny issue of digital wallet funding

Business, Wichit Chantanusornsiri, Published on 25/04/2024

» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.

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GENERAL

Thailand begins OECD membership process

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.

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GENERAL

Senator eager to improve casino plan

Business, Wichit Chantanusornsiri, Published on 01/04/2024

» With the resurgence of interest in legalising casinos to bolster economic growth as the digital wallet and Land Bridge policies remain on hold, the government is being urged to reassess the details of a proposed casino and entertainment complex.

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THAILAND

Govt mulls options for 10k handout

News, Wichit Chantanusornsiri, Published on 28/03/2024

» The government is considering funding options for its digital wallet handout scheme as details of the funding source are expected to be finalised next month.

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GENERAL

Official teases digital wallet progress

Business, Wichit Chantanusornsiri, Published on 23/03/2024

» Finance permanent secretary Lavaron Sangsnit insists significant progress in the government's digital wallet handout scheme will become evident before the Songkran holiday.

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GENERAL

Digital wallet paper to be assessed by panel

Business, Wichit Chantanusornsiri, Published on 20/03/2024

» The State Audit Commission appears to be preparing to establish a subcommittee to audit and provide recommendations to the government on the controversial digital wallet project.

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GENERAL

Government again says economy in crisis

Business, Wichit Chantanusornsiri, Published on 30/01/2024

» The government has the authority to interpret the current economy as being in a crisis, an important criterion for the issuance of the 500-billion-baht loan bill to finance its digital wallet handout scheme, says Deputy Finance Minister Julapun Amornvivat.

GENERAL

Customs urged to step up X-ray of imports

Business, Wichit Chantanusornsiri, Published on 23/01/2024

» The Finance Ministry has urged the Customs Department to screen all imported goods by utilising X-ray equipment for greater transparency, says Deputy Finance Minister Julapun Amornvivat.