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GENERAL

Casinos area limited for new project venues

Business, Wichit Chantanusornsiri, Published on 13/05/2024

» The government's planned integrated entertainment complex development project will have a casino component of no more than 5% of the project area, says Deputy Finance Minister Julapun Amornvivat.

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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

Cabinet approves new energy subsidies

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

» The cabinet has endorsed initiatives aimed at easing people's energy expenses, covering caps on diesel and cooking gas prices, as well as subsidies for electricity bills for vulnerable groups.

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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

Insurance fund offers quick payout

Business, Wichit Chantanusornsiri, Published on 03/05/2024

» The General Insurance Fund (GIF) is presenting a choice to Covid-19 policyholders by offering a discounted rate for payment now instead of waiting for future payouts.

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GENERAL

State contracts worth B250bn signed

Business, Wichit Chantanusornsiri, Published on 03/05/2024

» Contracts for new investment projects worth 250 billion baht have already been signed following the enactment of the fiscal 2024 Budget Expenditure Act, according to the Finance Ministry.