Showing 1 - 10 of 82
10m register for purchase co-payment
Business, Wichit Chantanusornsiri, Published on 29/10/2020
» The half-half co-payment scheme has registered 10 million people, with total accumulative spending tallied at 1.3 billion baht.
11 billion baht spent on subsidised goods
Wichit Chantanusornsiri, Published on 10/11/2020
» Total spending via the government’s co-payment scheme had reached 11 billion baht as of 12pm Nov 10, with a second round of registration set to allow 2.3 million more people to apply for the subsidy.
Wage hike to give SMEs tax windfall
Business, Wichit Chantanusornsiri, Published on 01/02/2018
» Small and medium-sized enterprises (SMEs) with annual sales of up to 100 million baht in 17 provinces where the daily minimum wage will be raised by an average of five baht will enjoy a double windfall from the government's measure that lets them deduct expenses for minimum wages.
2nd round for co-payment
Business, Wichit Chantanusornsiri, Published on 12/11/2020
» The Finance Ministry is preparing to roll out the second phase of the co-payment scheme early next year following a positive response to the first phase of the scheme.
Concern mounts over gap in GDP inputs
Business, Wichit Chantanusornsiri, Published on 28/05/2021
» An economist is concerned that a gap in terms of contributions to the country's gross domestic product (GDP) between tourism-dependent provinces and agriculture-reliant provinces will become wider in the post-pandemic era.
Shopping points to offer VAT refunds
Business, Wichit Chantanusornsiri, Published on 23/03/2018
» The Revenue Department will allow five department stores to offer value-added tax (VAT) refund services for foreign tourists as a pilot project, a move meant to offer convenience to international shoppers and encourage spending.
Minimum wage deduction set to rise
Business, Wichit Chantanusornsiri, Published on 26/01/2018
» The Finance Ministry will soon seek cabinet approval to temporarily raise tax-deductible expenses for the minimum wage paid to employees to 1.15 times from 1 at present, an adjustment that can absorb employment costs of 9-10 baht a day per employee if it wins the nod, says Finance Minister Apisak Tantovorawong.
Arkhom cool to added borrowing
Business, Wichit Chantanusornsiri, Published on 20/08/2021
» Finance Minister Arkhom Termpittayapaisith says there is no need for the government to borrow additional money to combat the pandemic because the existing 500-billion-baht loan is sufficient.
Investment misses public target levels
Business, Wichit Chantanusornsiri, Published on 11/02/2020
» A meagre 25 billion baht in investment budget was doled out in the first three months of fiscal 2020, as the months-delayed 3.2-trillion-baht budget bill has yet to be enforced, says a source at the Finance Ministry who requested anonymity.
Virus 'could shave 1%' off growth
Wichit Chantanusornsiri, Published on 18/02/2020
» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country’s 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.