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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

Unlock EEC Opportunities: BCCT Dinner with Dr. Chula Sukmanop

PATTAYA, Thailand - Join us for a BCCT Eastern Economic Corridor (EEC) Dinner featuring a keynote address by Dr. Chula Sukmanop, Secretary-General of the...

Pattaya tax lawyer: pensioners’ worries and overseas transmitted income

PATTAYA, Thailand - Having talked to many retired expats over the past year or so, I know that their biggest worry is whether they...

Pattaya students forced to study outside classrooms due to power outage caused by theft

PATTAYA, Thailand - Students at Pattaya City School 7 (Ban Nong Phang Kae) are facing severe disruptions in their education after a thief cut...

Indian man arrested for firing blank gun into the air in Pattaya; claims unaware...

PATTAYA, Thailand - Pattaya police apprehended a 36-year-old Indian man, Mr. Sunil Bhandari, after he was seen firing a blank gun into the air...

American Bike & Car Meet’ in Sattahip brings together bikers and car enthusiasts

SATTAHIP, Thailand - The Bikers Café in Sattahip, Chonburi, hosted the American Bike & Car Meet, a major annual event for motorcycle and car...