Showing 1-10 of 275 results
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Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
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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.
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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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Incentives for farmers forgoing debt scheme
Business, Wichit Chantanusornsiri, Published on 25/09/2023
» The Finance Ministry is planning to offer incentives to farmers choosing not to enter the debt suspension programme aimed at reducing the government's fiscal burden, according to a ministry source who requested anonymity.
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How Thailand's welfare state could change
Business, Wichit Chantanusornsiri, Published on 28/06/2023
» For the past few decades, many countries have been working towards providing "healthcare for all", including equity in access to healthcare and healthcare financing.
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New VAT mulled that targets luxury goods
Business, Wichit Chantanusornsiri, Published on 26/09/2022
» The Finance Ministry is considering the introduction of a two-tier value-added tax (VAT) rate that could generate additional revenue of more than 100 billion baht, says a ministry source who requested anonymity.
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Two new lotteries to launch this year
News, Wichit Chantanusornsiri, Published on 08/06/2022
» Two new government-run lotteries will be launched this year in a fresh bid to stamp out illegal lotteries and overpriced tickets, Charnkrit Dejvitak, an assistant to the PM’s Office, revealed on Tuesday.
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Reform of EV duties urged
Business, Wichit Chantanusornsiri, Published on 14/02/2022
» The Finance Ministry plans to propose to the cabinet a reduction of the import duty for electric vehicles (EVs) to 40%, 20% and zero percent, each depending on the engine size, says Deputy Finance Minister Santi Promphat.
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Source: Rice pledging debt halved
Business, Wichit Chantanusornsiri, Published on 29/07/2020
» The debt burden from the rice pledging scheme during Yingluck Shinawatra's government has declined by more than half, says the Public Debt Management Office (PDMO).
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Proxy vote saga puts entire economy at great risk
News, Wichit Chantanusornsiri, Published on 30/01/2020
» As the Constitutional Court yesterday accepted a request by House Speaker Chuan Leekpai to rule on the validity of the 2020 budget bill, the fate of public spending and investment now hang in the balance, thanks to proxy voting by government coalition MPs which has put the legality of the bill in question.
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