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Showing 1 - 10 of 978

GENERAL

More local input needed to adjust tax law

Business, Wichit Chantanusornsiri, Published on 17/05/2024

» Local governments must play a greater role in amending the land and building tax law, which has been in effect for five years, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

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GENERAL

Finance official optimistic on H2

Business, Wichit Chantanusornsiri, Published on 16/05/2024

» The economy is poised for healthier growth in the second half of the year, with three significant financial injections planned to stimulate momentum.

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GENERAL

Central bank urged to take FIDF debt burden

Business, Wichit Chantanusornsiri, Published on 11/05/2024

» A proposal by a Finance Ministry official to shift the debt burden responsibility of the Financial Institutions Development Fund (FIDF) to the Bank of Thailand (BoT) has been put forward, as the central bank is already responsible for repaying both the principal and interest of the debt.

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GENERAL

Committee to promote Thai-Saudi ties

Business, Wichit Chantanusornsiri, Published on 10/05/2024

» Thailand and Saudi Arabia have agreed to establish a Joint Trade Committee (JTC) to promote trade between the two countries.

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GENERAL

Digital wallet eligibility terms tweaked

Wichit Chantanusornsiri, Published on 08/05/2024

» The government has added a new condition for its digital wallet handout, saying recipients must not have more than 500,000 baht in their deposit accounts as of March 31.

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GENERAL

Pichai takes finance helm

Business, Wichit Chantanusornsiri, Published on 08/05/2024

» Newly appointed Finance Minister Pichai Chunhavajira has vowed to expedite efforts to deal with household debt, revive the economy and increase individuals' income.

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GENERAL

More fiscal measures on the cards

Business, Wichit Chantanusornsiri, Published on 07/05/2024

» The Finance Ministry plans to study fiscal measures that can create economic momentum following the implementation of the digital wallet stimulus project.

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GENERAL

Interest burden hovers over digital wallet

Business, Wichit Chantanusornsiri, Published on 06/05/2024

» The ratio of interest burden to estimated government revenue is projected to increase to 11% next year from 8% in 2024, should the government proceed with its flagship digital wallet handout.

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GENERAL

How VAT on cheap imported goods adds up

Business, Wichit Chantanusornsiri, Published on 02/05/2024

» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.

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GENERAL

Handout funding to diminish spending on other projects

Business, Wichit Chantanusornsiri, Published on 27/04/2024

» Once the government allocates substantial funds for its flagship digital wallet handout, spending on other projects will be reduced, says finance permanent secretary Lavaron Sangsnit.