Showing 1-10 of 121 results
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Calm approach on tax reforms urged
Business, Wichit Chantanusornsiri, Published on 17/07/2023
» The Finance Ministry's permanent secretary Krisada Chinavicharana is warning the new government that tax reforms to increase revenue must not cause a shock to the economy.
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Data exchange to fight tax evasion
Business, Wichit Chantanusornsiri, Published on 06/06/2023
» Starting this month, the exchange of financial information should help combat transnational tax evasion, says director-general of the Revenue Department Lavaron Sangsnit.
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Bid to hasten Covid payouts
Business, Wichit Chantanusornsiri, Published on 13/02/2023
» The Finance Ministry plans to speed up the payment of lump sum claims from Covid-19 policyholders of four dissolved non-life insurance companies, says permanent finance secretary Krisada Chinavicharana.
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Many workers ill-prepared for old age
Business, Wichit Chantanusornsiri, Published on 07/02/2023
» Finance Minister Arkhom Termpittayapaisith is concerned that more than 16 million informal workers have yet to participate in any savings scheme to prepare for life during retirement, even though Thailand is expected to become an aged society in the next two years.
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Customs clarifies inspection policy
Business, Wichit Chantanusornsiri, Published on 06/02/2023
» Customs Department deputy director-general Phantong Loykulnanta has emphasised customs officials will not conduct personal inspections of arriving foreign tourists at airports, even if they are carrying or wearing multi-million-baht personal items.
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GIF mulls borrowing from fund to improve liquidity
Business, Wichit Chantanusornsiri, Published on 20/09/2022
» The General Insurance Fund (GIF) has considered borrowing from the Office of the Insurance Commission (OIC) fund to ensure it has sufficient liquidity to pay insurance claims to Covid-19 policyholders of the four shuttered non-life insurance companies.
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State backs makers of devices for elderly
Business, Wichit Chantanusornsiri, Published on 11/07/2022
» The Finance Ministry is seeking ways to reduce the production cost for local manufacturers of medical equipment and devices for the elderly, says Minister Arkhom Termpittayapaisith.
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GIF rejigs borrowing rules for major liquidity boost
Business, Wichit Chantanusornsiri, Published on 19/05/2022
» The General Insurance Fund (GIF) has revised regulations to allow it to borrow more to increase liquidity in case the Office of the Insurance Commission (OIC) shuts down more insurance companies in the future, says permanent finance secretary Krisada Chinavicharana.
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Arkhom keen to restrain state spending
Business, Wichit Chantanusornsiri, Published on 19/04/2022
» The Finance Ministry does not want to persist with high spending by state-owned financial institutions as it wants to maintain fiscal discipline, according to finance minister Arkhom Termpittayapaisith.
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GIF seeking loan to handle claims
Business, Wichit Chantanusornsiri, Published on 05/04/2022
» The General Insurance Fund (GIF) is seeking a loan from Government Savings Bank in order to pay Covid-19 claims to policyholders of shuttered non-life insurance companies, says a source at the Finance Ministry who requested anonymity.
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