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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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Fear of coronavirus back home is driving immigration defaults in Thailand

Evidence is growing that the main reason why thousands of foreigners – beneficiaries of the visa grace period which ends on September 26 –...

Police seize 200 kg. crystal meth outside Pattaya-area warehouse

Banglamung police seized 200 kilograms of crystal methamphetamine hidden outside an abandoned warehouse in Nong Plalai. (adsbygoogle = window.adsbygoogle ||...

Four die when SUV plunges into canal near Pattaya

Four people drowned when a Bangkok woman rolled her SUV into a Phanat Nikhom canal. Identified only as Sukanya, 38, the driver of the Toyota...

Domestic tourism not helping Chiang Mai hotels, industry chief says

The government’s push to stoke domestic tourism isn’t helping Chiang Mai hotels, with most remaining closed and those that do open only about 15...

Tourists traveling to Koh Larn Island in Pattaya warned of strong wind, heavy rains

Thailand’s eastern region will see continued rainfall and isolated heavy rain. Travelers on holiday trips to islands are warned of strong wind and high...