Showing 61 - 70 of 483
Unpacking the debt-to-GDP ratio
Business, Wichit Chantanusornsiri, Published on 29/03/2025
» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.
Ministry preps tax perks to encourage firms to list
Business, Wichit Chantanusornsiri, Published on 04/03/2025
» The Finance Ministry has pledged to use tax incentives to entice companies to list on the stock market and improve their efficiency.
'Master plan' hoped to trigger 3.5% economic growth
News, Wichit Chantanusornsiri, Published on 28/02/2025
» The government will come up with a master plan to boost the economy and achieve its growth target of 3.5% this year, Finance Minister Pichai Chunhavajira said.
State budget disbursement beats goal
Business, Wichit Chantanusornsiri, Published on 26/02/2025
» The disbursement of state enterprise investment budgets over the first four months of the fiscal calendar from October 2024 to January this year has fared better than targeted, according to the State Enterprise Policy Office (Sepo).
Concerns surrounding civil servants' retirement finances
Business, Wichit Chantanusornsiri, Published on 25/02/2025
» Although the Government Pension Fund's (GPF) rate of return over the past 10 years has managed to outpace inflation, the fund is concerned that the vast majority of its 1.2 million civil servant members may be unable to achieve a sufficient level of financial security during retirement.
Treasury Department plots land bank strategy
Business, Wichit Chantanusornsiri, Published on 22/02/2025
» The Treasury Department plans to transform itself, starting with its land bank of 12.5 million rai, by developing and promoting soft power in line with government policy, while also generating commercial revenue.
Panel in the offing to drive 20-baht rail fare policy
Business, Wichit Chantanusornsiri, Published on 18/02/2025
» The Finance Ministry and Transport Ministry plan to establish a steering committee to drive the government's 20-baht flat fare policy for Bangkok's entire electric train system.
Excise Department preps salt tax roadmap
Business, Wichit Chantanusornsiri, Published on 18/02/2025
» The Excise Department has laid out a roadmap for the imposition of a salt tax (sodium tax), which would start with snack foods, which are known to possess little to no nutritional value.
State revenue collection in fiscal 2025 Q1 exceeds target
Business, Wichit Chantanusornsiri, Published on 10/02/2025
» Government revenue collection in the first quarter of fiscal 2025 exceeded the target by 2.4%, lifted by income from state enterprises, the excise tax on beer and value-added tax (VAT) from domestic consumption.
Fresh stimulus steps under consideration
Business, Wichit Chantanusornsiri, Published on 08/02/2025
» The government is considering a number of new economic stimulus measures, aiming to achieve economic growth of 3.5% this year, according to Deputy Finance Minister Julapun Amornvivat.