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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

Scorching weather takes toll on fresh seafood supplies in Pattaya

PATTAYA, Thailand - As scorching temperatures persist, the availability of fresh seafood for tourists has taken a hit, with seafood operators grappling with the...

Truck driver cheats death after rear-ending ten-wheeler in East Pattaya

PATTAYA, Thailand - In the early hours of April 27, a six-wheeled ice truck collided with the rear of a parked ten-wheeled truck on...

Foreign-nominated and bogus travel agents busted in Pattaya crackdown

PATTAYA. Thailand - Government agencies launched a unified effort on April 26, to address concerns within the tourism industry to tackle the widespread issue...

Reckless soil transport triggers dust clouds, traffic chaos in east Pattaya

EDITORIAL PATTAYA, Thailand - The Mabprachan Reservoir area in Pong Sub-District, in east Pattaya, is currently facing a pressing issue that demands urgent intervention. Several...

Young Thai-American jumps off eighth floor of Pattaya condominium

PATTAYA, Thailand - A young Thai-American man lost his life after jumping from the eighth floor of a condominium in Pattaya on April 26....