Showing 1-10 of 527 results
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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.
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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.
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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.
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Striving for a more balanced economy
Oped, Wichit Chantanusornsiri, Published on 14/05/2020
» In its bid to alleviate the economic damage from the coronavirus pandemic through the 1-trillion-baht borrowing scheme, the Prayut Chan-o-cha government aims to provide immediate relief to millions who are in trouble, and also restore the grassroots economy, with a view to better balancing the economic system, so it depends less on exports and tourism.
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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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Advisor insists public debt still at reasonable level
Business, Wichit Chantanusornsiri, Published on 09/03/2024
» Despite an increase in public debt during the pandemic, the Public Debt Management Office (PDMO) insists the level remains manageable.
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Public debt plan given nod
Business, Wichit Chantanusornsiri, Published on 28/09/2022
» The cabinet on Tuesday approved the public debt management plan for fiscal 2023, says Finance Minister Arkhom Termpittayapaisith.
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Public debt not scary yet, PDMO says
Business, Wichit Chantanusornsiri, Published on 27/07/2020
» Thailand's increased public debt, attributed to borrowing to sustain economic conditions during the pandemic, remains below the average rate seen in emerging markets, says the Public Debt Management Office.
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Public debt in fiscal 2019 for infrastructure to be B100bn
Business, Wichit Chantanusornsiri, Published on 18/08/2018
» Public debt for big-ticket infrastructure projects in the next fiscal year will be 100 billion baht, 20-30 billion baht lower than previously expected, due to a delay in certain projects, says a Finance Ministry source.
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