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Striving for a more balanced economy
Oped, Wichit Chantanusornsiri, Published on 14/05/2020
» In its bid to alleviate the economic damage from the coronavirus pandemic through the 1-trillion-baht borrowing scheme, the Prayut Chan-o-cha government aims to provide immediate relief to millions who are in trouble, and also restore the grassroots economy, with a view to better balancing the economic system, so it depends less on exports and tourism.
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Apisak securing draft law for business ease
Business, Wichit Chantanusornsiri, Published on 24/10/2018
» Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country's ranking in the World Bank's Ease of Doing Business list.
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Predee quits finance post
News, Wichit Chantanusornsiri, Published on 02/09/2020
» Finance Minister Predee Daochai has resigned after only 26 days in the job in the wake of a reported conflict with his deputy over the appointment of the director-general of the Excise Department.
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Lengthy delay for new property tax
Business, Wichit Chantanusornsiri, Published on 02/07/2018
» The land and buildings tax set for Jan 1, 2019 is likely to be enforced behind schedule because of the time-consuming approval process, says an informed source at the Finance Ministry.
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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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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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Thailand eyes international bonds
Wichit Chantanusornsiri, Published on 24/10/2023
» The Finance Ministry is considering issuing bonds in international markets to establish a benchmark for the nation and to attract foreign investors, marking a significant departure from three decades of policy.
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Thailand eyes international bonds
Business, Wichit Chantanusornsiri, Published on 25/10/2023
» The Finance Ministry is considering issuing bonds in international markets to establish a benchmark for the nation and to attract foreign investors, marking a significant departure from three decades of policy.
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Government bonds deemed suitable
Business, Wichit Chantanusornsiri, Published on 22/09/2023
» The Public Debt Management Office (PDMO) says the issuance of government bonds in fiscal 2024 will be at an appropriate level, according to director-general Patricia Mongkhonvanit.
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Bureau expects budget in 8 months
Business, Wichit Chantanusornsiri, Published on 30/08/2023
» The Budget Bureau expects the 2024 Budget Expenditure Act to be delayed by up to eight months, according to a bureau source who requested anonymity.
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