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Search Result for “$3 million”

Showing 41 - 50 of 61

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OPINION

Development bank poised to drive businesses once again

News, Wichit Chantanusornsiri, Published on 07/01/2016

» Almost from ashes, the once-ailing Small and Medium Enterprise Development Bank of Thailand (SME Bank) has eventually made an impressive turnaround and looks set to resume its role as a financial institution to drive small- and medium-sized businesses into prosperity.

OPINION

Somkid tackles root causes of our economic malady

News, Wichit Chantanusornsiri, Published on 15/10/2015

» The economic malady Thailand has been facing for the past two consecutive years requires the proper remedies to tackle the root causes.

OPINION

Government must tread carefully with cash-injection scheme

News, Wichit Chantanusornsiri, Published on 03/09/2015

» By launching the emergency economic stimulus package which targets low-income people both in the city and upcountry, the government has sent out a clear message: "There is no need to worry about economic stagnation".

OPINION

Somkid's economic package avoids reckless populism

News, Wichit Chantanusornsiri, Published on 24/09/2015

» If Prime Minister Prayut Chan-o-cha worries that people may mistake his 136-billion-baht economic stimulus package for populist measures such as those implemented by the previous administration, he need not do so.

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OPINION

VAT refund scam reveals loopholes in tax law

News, Wichit Chantanusornsiri, Published on 02/07/2015

» Despite making progress in its probe into a value-added tax refund scam which caused the loss of 4.3 billion baht in state income in 2012-2013, the Revenue Department has still not been able to get back a single baht from the perpetrators.

OPINION

Transparency key in reshaping state enterprises

News, Wichit Chantanusornsiri, Published on 23/07/2015

» Few, if any, would question a government plan to reform state enterprises, or improve their performance.

OPINION

Savings fund offers safety net for retirees, the state alike

News, Wichit Chantanusornsiri, Published on 13/08/2015

» As we strive to defuse a political timebomb through the roadmap, the country is about to face a potential social timebomb: the emergence of an ageing society as a result of demographic change.

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OPINION

Sommai says Finance Ministry is plugging loopholes

News, Wichit Chantanusornsiri, Published on 21/05/2015

» The harsh punishment imposed on a senior tax officer involved in a value-added tax refund scam indicates how determined Finance Minister Sommai Phasee is in his push for the country’s tax reform to close a loophole that has caused tremendous loss of income to the country.

OPINION

The ‘patient’ isn’t terminal but needs strong medicine

News, Wichit Chantanusornsiri, Published on 05/06/2014

» Before the coup on May 22, Thailand could be compared to a person suffering from painful indigestion, bloated with gas from months of internal conflict between parties intellectually and emotionally divided. It seemed only a matter of time before something gave way.

OPINION

Fighting corruption while ignoring the rice scheme

News, Wichit Chantanusornsiri, Published on 30/01/2014

» Rice farmers are waiting anxiously for money from the government for their pledged crops. And taxpayers are also feeling that they are being robbed in broad daylight by the government which has defiantly dismissed all the warnings about the flaws of the rice-pledging scheme.