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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...

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Nakhon Ratchasima is Thailand’s first city to have 3 UNESCO sites

Nakhon Ratchasima has become the first province in Thailand to have three UNESCO sites, following the declaration of the Khorat national geopark as the...

Thailand strengthens ties with Africa in trade and tourism

African countries have celebrated the Africa Day in Bangkok and worldwide as the Thai government has reiterated to boost ties with African countries in...

Thailand faces tougher durian export war in China’s market from Vietnam and the Philippines

Thailand can face tougher competition in exporting durians to China’s market over the next five years as China imports more durians from other countries,...

Highway Police Commander transferred after lorry bribe claim

Commander of the Highway Police Division, Pol Maj Gen Ekkaraj Limsangkat, was transferred to an inactive post at the Operations Centre of the Central...

Move Forward and Pheu Thai parties reaffirm their stance to unite and form coalition...

The eight-party coalition group, led by the Move Forward Party (MFP) set up a transition coordination committee and seven working panels to work on...