Showing 1-10 of 50 results
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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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Bid to close profit shifting loophole
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.
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BAAC union queries lending capacity
Wichit Chantanusornsiri, Published on 18/04/2024
» The labour union of the Bank for Agriculture and Agricultural Cooperatives (BAAC) is seeking legal opinions about whether the government can borrow from the state-owned bank to support its costly digital wallet handout.
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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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Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
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Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
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Ministry calls for monetary stimulus
Business, Wichit Chantanusornsiri, Published on 06/04/2024
» Thailand's economy is tilting towards deflation, necessitating monetary stimulus to spur it, says finance permanent secretary Lavaron Sangsnit.
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Entertainment centres 'not just about gambling'
Business, Wichit Chantanusornsiri, Published on 02/04/2024
» Investments of more than 100 billion baht are anticipated for every venue within the government's much-touted integrated entertainment complex development project.
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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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Cabinet to review casino findings
Business, Wichit Chantanusornsiri, Published on 30/03/2024
» Deputy Finance Minister Julapun Amornvivat is preparing to propose the findings of a study on an integrated entertainment complex and casino development plan carried out by a House committee to the cabinet for consideration over the next two weeks.
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