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Welfare card program hindered by lack of EDC machines

Bangkok - The Ministry of Finance has revealed that many welfare cardholders have been unable to use their cards, as most qualifying vendors do...

Finance Ministry urges government to mantain 7% VAT for another year

BANGKOK-The Ministry of Finance is set to propose to the government to maintain a 7% value added tax (VAT) as the Thai economy is...

Governments housing project allows low-income persons to own first house

BANGKOK – The government’s “Civil-State” housing campaign will provide both social and economic benefits by allowing house ownership to low-income earners, says an official...

Finance Permanent Secretary joins seminar on improvement of Thais’ potential

BANGKOK - A seminar has been organized to help improve Thai people’s potential ahead of further economic and trade liberalization. Permanent Secretary to the...

Finance Ministry axes economic growth projection from 4% to 2.6%

BANGKOK, March 28 - The Finance Ministry has lowered Thailand's projected economic growth for this year from 4 per cent to 2.6 per cent,...

FPO fears govt revenue will miss target

BANGKOK, 10 March 2014 The Fiscal Policy Office has expressed fears that the government’s revenue from tax collection will fall short of its target...

Govt injecting new economic stimulus

The government decided today to inject an additional stimulus to revive Thailand’s sagging economy, due to the month-long political turmoil. Teerat...

August public debts at 44.63% of GDP

Thailand’s public debt in August was Bt5.3 trillion, or 44.63 per cent of gross domestic product (GDP), according to a senior Finance Ministry official...

Thailand’s GDP forecast lowered to 3.7% for this year

The Finance Ministry has adjusted Thailand’s gross domestic product (GDP) for this year from 4 per cent to 3.7 per cent and predicted 5.1...

Govt has higher revenue, higher cash deficit

BANGKOK, 24 September 2013 The Ministry of Finance reports that the government had a cash deficit of more than 390 billion baht during...

Latest Stories

Design for Pattaya cruise terminal unveiled

The Marine Department showed off three designs for cruise-ship terminals in Pattaya, Krabi and Koh Samui, which it intends to build via public-private partnerships. Deputy...

BOT votes 6 to 1 shifting policy rate up by 0.25%

The Bank of Thailand’s Monetary Policy Committee (MPC) voted 6 to 1 to raise its policy rate by 0.25% and it is the first...

Utapao airport city set as ‘free trade zone’ in Eastern Economic Corridor (EEC)

Prime Minister Prayut Chan-o-cha on Tuesday (Aug 9) said the cabinet approved the Airport City project that will be implemented in the Eastern Economic...

Pad Thai seller feeds Pattaya Music Festival cleanup crew

A pad Thai vendor at the Pattaya Music Festival made free noodle dishes for cleanup crews. Walaiphan Sonsermsombat, 51, said that she did quite well...

Thailand postpones collecting higher Fuel Tariffs (FT) to September

The government will postpone a fuel tariff increase scheduled for August as officials look for additional ways to relieve financial burdens on consumers. According to...