Showing 1 - 10 of 10
Lottery retirement savings plan risky
Oped, Wichit Chantanusornsiri, Published on 23/10/2025
» Lotteries are among the oldest forms of betting. Yet in modern times, various governments have used this popular form of gambling to encourage financial savings among citizens and even retirees.
Striving for a more balanced economy
Oped, Wichit Chantanusornsiri, Published on 14/05/2020
» In its bid to alleviate the economic damage from the coronavirus pandemic through the 1-trillion-baht borrowing scheme, the Prayut Chan-o-cha government aims to provide immediate relief to millions who are in trouble, and also restore the grassroots economy, with a view to better balancing the economic system, so it depends less on exports and tourism.
Govt needs more than luck with new lottery plan
News, Wichit Chantanusornsiri, Published on 27/06/2019
» The idea of having the Government Lottery Office (GLO) run a two- and three-digit lottery scheme is taking shape once again.
Salt, sugar, grey hair a perfect health storm
News, Wichit Chantanusornsiri, Published on 15/11/2018
» A changing diet in past decades has seen Thai people grow accustomed to consuming too much sugar and salt, negatively impacting their health. This has led to more cases of non-communicable diseases (NCD), heart problems, high-blood pressure and diabetes in state hospitals, which is placing a heavy burden on government spending.
Looking forward to a THAI miracle
News, Wichit Chantanusornsiri, Published on 27/09/2018
» As THAI's new management team is struggling to get the ailing flag carrier back in the black by 2022, the public looks on with anxiety. Will there be a miracle?
Savvy excise tax hike going up in smoke
News, Wichit Chantanusornsiri, Published on 06/09/2018
» I have a strong reason to oppose the recent decision by the Finance Ministry to delay an increase in excise tax on cigarettes for another two years, from next year to October 2021. The delay doesn't spell good news for the state coffers, which is one consideration. Another concern is that it would deal a harsh blow to the state's efforts to discourage young smokers.
Act now on ageing society before it's too late
News, Wichit Chantanusornsiri, Published on 05/07/2018
» In the next three years, people aged over 60 in Thailand will account for 13.8 million, or 20% of the population. This means in a group of five, there will be one elderly person. In demographic science, a country where 20% of its people are aged 60 years old or higher is categorised as an ageing society.
Time for new chapter in tackling poverty
News, Wichit Chantanusornsiri, Published on 14/06/2018
» Over the past years the government has boasted of numerous economic advances, including an increase in GDP figures. Yet this does not necessarily bode well for its plan to tackle poverty. In fact, these achievements have exacerbated economic inequality, with farmers now marginalised at the bottom of the social spectrum.
Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
Infrastructure land windfall tax a letdown
News, Wichit Chantanusornsiri, Published on 15/03/2018
» A new tax law which will enable the Revenue Department to collect tax from land owners who are to benefit from transport infrastructure development projects is a novel idea by the Finance Ministry.