Showing 1-10 of 108 results
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Revenue boss eyes tax waiver for winners
Business, Wichit Chantanusornsiri, Published on 06/04/2012
» The Revenue Department proposed waiving tax liability for two and three-digit lottery vendors and winners to eliminate a long-standing problem for tax authorities.
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Lottery mulls regional ticket sales
Business, Wichit Chantanusornsiri, Published on 05/05/2012
» Business leaders and investors generally agree that the launch of the Asean Economic Community (AEC) in 2015 will be a major force pushing companies to raise their efficiency.
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GLO chief says online lotto will be delayed
News, Wichit Chantanusornsiri, Published on 09/08/2012
» The online lottery will definitely be put on hold until next year as it needs to wait for the go-ahead from the government, the new head of the Government Lottery Office (GLO) said yesterday.
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GSB lottery lures all
Business, Wichit Chantanusornsiri, Published on 15/10/2012
» It may very well be the most successful retail banking product in Thai history. More than 70 years ago, the Government Savings Bank launched its savings lottery programme, a deposit product that features regular prize drawings aimed at tickling the inner gambling streak of consumers.
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Online lottery stuck in limbo
Business, Wichit Chantanusornsiri, Published on 29/10/2012
» The online lottery project will be delayed indefinitely to give authorities more time to hear objections raised by stakeholders, says Deputy Finance Minister Tanusak Lek-uthai.
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Samsung in line to run lottery
Business, Wichit Chantanusornsiri, Published on 04/03/2013
» The Seoul-based Samsung Group is likely to win the online lottery contract, replacing current contract holder Loxley GTech Technology (LGT), after offering to pay any damages demanded by the Loxley unit for contract termination by the government.
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GSB to raise B60bn in Q2 for loans
Business, Wichit Chantanusornsiri, Published on 26/03/2013
» The Government Savings Bank (GSB) plans to mobilise 60 billion baht in the second quarter this year to fund its plan for loan extensions of 160 billion baht this year.
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Growing a better future
Wichit Chantanusornsiri, Published on 09/09/2013
» For all of Thailand's economic progress in recent history, millions across the country continue to face a daily struggle for survival, either as day labourers or subsidence farmers. Despite the tens of billions of baht spent each year on anti-poverty programmes, there are few easy, quick fixes to the problems of perpetual debt.
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GLO chief denies foul play in draw
Business, Wichit Chantanusornsiri, Published on 18/03/2014
» The twice-monthly government lottery is in the spotlight after the latest results exactly matched the licence plate numbers of caretaker Prime Minister Yingluck Shinawatra's vehicles for the ninth time since she took the helm, prompting claims that the draws were "locked" to favour insiders.
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Lottery chief seeks to ease suspicions
Business, Wichit Chantanusornsiri, Published on 28/03/2014
» The Government Lottery Office is ready to change its equipment in an effort to dispel public jitters over the way the drawing is handled, the GLO's boss says.
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