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THAILAND

Funds urged to invest in OS to curb rising baht

News, Wichit Chantanusornsiri, Published on 19/02/2018

» More money from the Government Pension Fund (GPF) and Social Security Fund (SSF) should be invested overseas to cool down the strong baht, according to the Finance Ministry.

BUSINESS

PDMO proposes hike in payment towards principal

Business, Wichit Chantanusornsiri, Published on 19/02/2018

» The Public Debt Management Office (PDMO) wants to raise the amount of budget paid towards principal with the aim of delivering fiscal sustainability.

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THAILAND

Excise chief soothes fear over tax on duty-free spirits

Wichit Chantanusornsiri, Published on 19/02/2018

» Director-general of the Excise Department Kritsada Jinavijarana has come out to ease the concern among drinkers that they could later be taxed for duty-free spirits.

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BUSINESS

5% cap proposed in windfall tax bill

Wichit Chantanusornsiri, Published on 19/02/2018

» The new windfall tax will likely be capped at 5% of the increases in land valuations before and after a state project is built in an area, according to a tax official.