Showing 1-10 of 533 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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Government Pension Fund expects to shift focus to gold, oil to mitigate risk
Business, Wichit Chantanusornsiri, Published on 24/04/2024
» The Government Pension Fund (GPF) is reducing investments in assets that may be affected by war and increasing investments in gold and oil to mitigate risk.
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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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Secretary: Scheme tool for stimulus
Business, Wichit Chantanusornsiri, Published on 03/04/2024
» Thailand needs to inject stimulus money into the economy and the digital wallet scheme is one tool to accomplish this goal, says finance permanent secretary Lavaron Sangsnit.
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Price limit change to aid would-be buyers
Business, Wichit Chantanusornsiri, Published on 02/04/2024
» The Finance Ministry looks set to propose an increase in the limit on home prices eligible for a reduction in the transfer fee and mortgage registration fee to 5 million baht, from the current level of less than 3 million baht, in an effort to stimulate the real estate sector.
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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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Govt mulls options for 10k handout
News, Wichit Chantanusornsiri, Published on 28/03/2024
» The government is considering funding options for its digital wallet handout scheme as details of the funding source are expected to be finalised next month.
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BAAC eager to develop 50,000 young smart farmers
Business, Wichit Chantanusornsiri, Published on 27/03/2024
» State-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has set a goal to create 50,000 young smart farmers in five years, with a commitment to support low-interest loans totalling 55 billion baht.
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Official: Stay the course on EV sector
Wichit Chantanusornsiri, Published on 25/03/2024
» Despite concern over the arrival of the Chinese electric vehicle supply chain to the domestic automotive industry, Thailand must continue to fuel the growth of its EV sector, says finance permanent secretary Lavaron Sangsnit.
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