Government

The government has resolved to focus on improving the daily lives of citizens next year, with a more targeted approach taking particular aim at farmers, low-income earners, senior citizens, employees and small and medium-sized enterprises (SMEs).The Government Spokeswoman, Prof. Dr. Narumon Pinyosinwat, said today that ...

Thai Prime Minister Prayut Chan-o-cha is confident that a civilian, pro-military government he formed in the middle of this year after five years of junta rule can complete its four-year term.But the former army chief and coup leader must deal with various veteran politicians from ...

The Thai government on Tuesday approved financial assistance to Laos for the construction of the fifth Thai-Lao Friendship Bridge linking Thailand’s northeastern province of Bueng Kan with Lao’s central province of Bolikhamsai.“The fifth Thai-Lao Friendship Bridge had been approved in principle in the Cabinet’s resolution ...

The Prime Minister has instructed heads of government agencies and state enterprises to develop their fiscal 2021 budget plans, as a House committee is still vetting the 2020 budget bill.Keep watching ...

The fiscal 2020 budget bill is expected to receive parliamentary approval early next year as the coalition government has sufficient votes from lawmakers to pass the bill, says Kobsak Pootrakool, the Prime Minister’s Office Minister.“I am confident the government will be able to pass the ...

The House has reversed a decision to cut 63.7% or 8 billion baht from the annual budget requested to fund science, research and innovation.The House committee vetting the government’s 2020 budget bill was convinced by the Ministry of Higher Education Science Research and Innovation’s appeal ...

Although the land and building tax will be implemented at the beginning of next year, tax filing for the measure will be scheduled for August instead of April because of some uncompleted organic laws, says the Fiscal Policy Office (FPO).The Interior Ministry, which shares responsibility ...

The government vows to cap the ratio of public debt to GDP at 50% in the medium-term fiscal plan for 2021-24.The Monetary and Fiscal Policy Committee, chaired by Prime Minister Prayut Chan-o-cha, on Thursday approved the medium-term fiscal policy framework as required by the Fiscal ...

The Mekong region is no longer a mysterious place, as it has now become the world’s main hub of illicit drugs across multiple frontiers. Last month, anti-drug officials from riparian countries — Thailand, Vietnam, Cambodia, Laos, Myanmar, China — and the United Nations Office on ...

The government has launched a so-called super savings fund (SSF) aimed at encouraging people to invest in long-term mutual funds by offering tax deductions of up to 30 per cent of annual income.The Cabinet approved the Finance Ministry’s proposal on the new tax scheme, Finance ...