Showing 1 - 10 of 932
Ministry rejigs mid-term fiscal plan
Business, Wichit Chantanusornsiri, Published on 04/06/2021
» The Finance Ministry is set to adjust its mid-term fiscal plan following the government's implementation of the 500-billion-baht borrowing decree, said a ministry source who requested anonymity.
E-service tax poised to surpass B5bn
Business, Wichit Chantanusornsiri, Published on 22/02/2021
» The Revenue Department expects tax revenue collection from the upcoming e-service tax to tally more than 5 billion baht per year as the pandemic crisis has stirred traffic on online platforms.
Foreign e-service firms liable for VAT
Business, Wichit Chantanusornsiri, Published on 13/02/2021
» Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.
Govt debt ratio hike 'won't hurt monetary, fiscal discipline'
Wichit Chantanusornsiri, Published on 31/05/2019
» The government's move to raise its off-budget debt commitment as a proportion of the national budget from 5% to 8% will not have any effect on monetary or fiscal discipline, according to an adviser to the Public Debt Management Office.
Arkhom asks GH Bank to keep rates stable
Business, Wichit Chantanusornsiri, Published on 01/04/2022
» Finance Minister Arkhom Termpittayapaisith has asked Government Housing Bank (GH Bank) to maintain its current mortgage interest rates this year as borrowers struggle with living costs.
GSB preps subsidiary for SME loans
Business, Wichit Chantanusornsiri, Published on 07/02/2022
» Government Savings Bank (GSB) is preparing to set up a non-bank subsidiary to provide loans based on land collateral to small and medium-sized enterprises (SMEs), says GSB president Vitai Ratanakorn.
Wealthy brace for tax bill
Business, Wichit Chantanusornsiri, Published on 02/12/2014
» Heirs of the country's 50 richest people will shoulder almost 300 billion baht in estimated payments if the inheritance tax takes effect.
Citizens shoulder burden of vast state debt
News, Wichit Chantanusornsiri, Published on 11/06/2015
» Bad policies formulated by previous governments including the previous government's rice scheme have left the country in financial trouble, owing some 720 billion baht.
Aiming to be the social bank
Business, Wichit Chantanusornsiri, Published on 20/11/2020
» 'Size does not matter" has become a mantra for the Government Savings Bank (GSB), one of Thailand's largest financial institutions by total assets, in its push to become a fully integrated social bank under the helm of Vitai Ratanakorn.
Govt accord set to tackle tax evasion
News, Wichit Chantanusornsiri, Published on 15/06/2020
» The Revenue Department has signed an agreement on mutual tax cooperation with 160 countries -- a move that will enable Thailand to tackle tax evasion by foreign e-service providers.