Showing 1 - 10 of 17
Pensions need drastic reform
News, Editorial, Published on 28/10/2019
» Becoming an aged society is a big challenge for Thailand, especially when it comes to welfare provided by existing pension schemes.
Pensions need new vision
News, Editorial, Published on 10/06/2019
» Last week, the Social Security Office (SSO) came up with a fresh plan to increase contributions of members into the Social Security Fund (SSF) to shore it up ahead of the huge outflow of pension payments expected in the near future.
Ease foreign tax burden
News, Editorial, Published on 24/06/2024
» The recent proposal to amend Thailand's foreign income tax regulations has sparked significant debate among expatriates and international investors. This move has raised numerous concerns that urgently need to be addressed.
MPs cause of pension bloat
Oped, Editorial, Published on 08/06/2022
» Opposition Move Forward Party leader Pita Limjaroenrat last week slammed the government for allocating 300 billion baht — the greatest single expense — of the 2023 budget bill to pension payments for retired civil servants. He said 40% of all state borrowing and taxes collected will be used to fund the ballooning pensions payouts rather than development schemes and labelled the bill for the forthcoming fiscal year the “ill elephant” budget.
Overhauling defence
News, Editorial, Published on 15/01/2024
» While Defence Minister Sutin Klungsang's plan to seek 600 million baht from the central budget to fund an early retirement scheme for high-ranking generals is a step in the right direction towards streamlining the armed forces, it nevertheless falls short of the promises it had made.
Bots mar SSO debate
News, Editorial, Published on 20/10/2025
» The Social Security Office (SSO) is once again at the centre of an embarrassing controversy following a recent online public hearing on reform of the pension formula for insured workers under Sections 33 and 39 of the Social Security Act.
Social Security Fund needs to reform
News, Editorial, Published on 26/02/2025
» It is good news that the fury over claims of lavish spending by the Social Security Office (SSO) has become a call for major reform of the Social Security Fund (SSF).
Probe army graft claims
Oped, Editorial, Published on 20/10/2022
» The Royal Thai Army is facing new graft accusations. This time a senior military officer was accused of swindling some of the system's funds on an army housing project.
An age-old dilemma
News, Editorial, Published on 23/05/2019
» With the country fast approaching an ageing society, raising the retirement age for civil servants was unavoidable for the Thai government.
Time to tackle VAT
News, Editorial, Published on 29/08/2023
» It has become the pattern that every time the Ministry of Finance floats the idea of raising value-added tax (VAT) or making any changes at all, critics come out to bombard the plan, sending officials running for cover.