The global diesel price jump of US$2.74/barrel in a single day yesterday has caused serious concern at the Energy Mnistry, to the extent that it may have to allow domestic…
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The global diesel price jump of US$2.74/barrel in a single day yesterday has caused serious concern at the Energy Mnistry, to the extent that it may have to allow domestic…
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The Ministry of Finance unveiled details of its plan to solve formal debts today. Dr Paopoom Rojanasakul, secretary to the finance minister, said formal debtors seeking state help will be…
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A representative of the Bank of Thailand told the House Economic Affairs Committee today (Thursday) that there is little need for the digital wallet scheme, because private sector consumption for…
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At the first Cabinet meeting presided over by Prime Minister Srettha Thavisin on September 13, the government launched a slew of economic stimulus measures, including the plan to pay civil…
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Months of wait for the new Cabinet ended on Saturday, but reservations were expressed by many observers on Prime Minister Srettha Thavisin’s choice of ministers. Srettha has kept with himself…
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The Transport Ministry has long been considered one of the most coveted portfolios in the Cabinet due to the large projects for investment and management, ranging from airports to high-speed…
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The Thai cabinet decided today (Tuesday) to extend the 5-baht/litre excise tax cut on diesel fuel, from May 21st until July 20th, to ease the burden on the public and…
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The directors-general of the Treasury and Comptroller-General departments are suspected of involvement in insider trading, in violation of the code of conduct of the Finance Ministry, in connection with the…
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Malaysia’s newly-appointed Prime Minister Anwar Ibrahim said on Friday that he would also serve as the country’s finance minister, retaking a cabinet role he first held 30 years ago as he looks to…
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The Public Debt Management Office at the Finance Ministry will offer 60 billion baht in government savings bonds for public subscription, starting on December 7th. Deputy government spokesperson Rachada Dhnadirek…
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The Finance Ministry is now working on a possible launch of a 5th phase of the 50:50 co-payment scheme, aimed at easingthe financial burden of the rising cost of living….
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Thailand’s Pollution Control Department (PCD) and Finance Ministry have lost the legal fight to avoid paying 9.6 billion baht in compensation to a consortium of companies over the corruption-plagued Klong…
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Several eateries and stores have put up signs, saying that they do not accept payment via the Government’s 50:50 co-payment stimulus scheme because they are afraid that revenue officials may…
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The Finance Ministry, Bank of Thailand and Securities and Exchange Commission (SEC) have agreed to a plan to regulate and limit the use of cryptocurrencies as a means of paying for…
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The Finance Ministry is considering levying a financial transaction tax (FTT) on stock trading next year, but a decision will depend on economic conditions, Finance Minister Arkhom Termpittayapaisith revealed recently….
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Thai people may get to enjoy the benefits of the 50:50 co-payment and “Shop Dee Mee Kuen” (The More You Spend the More You Get) schemes until end of January,…
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Subscribers to the third phase of the 50:50 co-payment stimulus scheme have been advised to spend the balance in “Pao Tang” accounts, as the scheme will expire on December 31st…
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Finance Minister Arkhom Termpittayapaisith recently announced that the government needed to increase the public debt ceiling to 70 percent of gross domestic product (GDP) from 60 percent. The remarks came…
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The cabinet has approved a new excise tax structure for cigarettes, which may increase the price of a pack of 20 by 6-8 baht, and the Excise Department will release…
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Thailand has decided to increase its public debt ceiling to gross domestic product (GDP) ratio to 70%, from the current 60%, to allow the government to borrow more to rehabilitate…
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A group of 172 massage parlour and spa operators filed a class action lawsuit with the Civil Court today (Tuesday) against the Finance Ministry and the government, demanding compensation for…
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Owners of six-wheel trucks and backhoe excavators are seeking help from the Finance Ministry, by negotiating with commercial banks or other financial institutes, to freeze their debt and interest payments…
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Controversy has erupted over the government’s move to borrow another huge sum to aid recovery from the virus crisis. The government opted for an emergency decree to sanction an extra…
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COVID-19 has dealt a double blow to Thailand’s finances, reducing tax revenue while increasing the amount of money the government must spend to keep the economy afloat. The Cabinet recently…
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Thailand’s Finance Ministry is working on the third phase of the 50:50 co-payment scheme, which is expected to be launched in May, to boost domestic consumption. Kulaya Tantitemit, director of…
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The labour union of Thai Airways International has voiced objection to any plan to reduce the Finance Ministry’s stake in the national flag carrier. The Ministry is the major shareholder…
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The economic cabinet is due to consider the Finance Ministry’s economic stimulus package, aimed at stimulating consumption and investment, today (Friday). The proposal includes, among other things, a one-time 1,500…
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