The Latest Breaking News from Arkhom Termpittayapaisith

State eager to avoid fiscal fiasco

The government set an ambitious goal to achieve a balanced budget in 10 years, even though several obstacles still remain.

Bangkok Post · Mar 5, 2023

Levy on share sales at risk from Fetco opposition

The imposition of the financial transaction tax on share sales by individual investors might be delayed because of opposition from the Federation of Thai Capital Market Organizations (Fetco), says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post · Mar 2, 2023

Megaprojects, tourism to propel growth, Arkhom says

A slew of billion-dollar infrastructure projects and an upswing in tourism will fuel Thailand’s expansion this year, shielding the economy from weaker exports and any possible delay in the budget approval due to elections, according to Finance Minister Arkhom Termpittayapaisith.

Bangkok Post · Feb 28, 2023

Many workers ill-prepared for old age

Finance Minister Arkhom Termpittayapaisith is concerned that more than 16 million informal workers have yet to participate in any savings scheme to prepare for life during retirement, even though Thailand is expected to become an aged society in the next two years.

Bangkok Post · Feb 6, 2023

State NSF offerings to rise by B2bn

The government is expected to spend between 1.8 billion and 2 billion baht per year on higher contributions to National Savings Fund (NSF) members, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post · Jan 26, 2023

Arkhom targets balanced budget with tax reforms

The Finance Ministry aims to achieve a balanced budget in a decade by improving its tax collection efficiency and expanding the tax base, says Minister Arkhom Termpittayapaisith.

Bangkok Post · Jan 24, 2023

Baht boosted by foreign investors

The stronger baht is the result of foreign investors' confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post · Jan 11, 2023

State key to stimulating expansion

The acceleration of state investment in 2023 should provide a tailwind to propel economic growth momentum, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post · Jan 2, 2023

End of share sales tax waiver

The end of the waiver for the financial transaction tax on stock sales is scheduled to take effect in 2023, increasing the country's revenue as part of a tax system overhaul.

Bangkok Post · Dec 29, 2022

Long arm of the law affects all

With the economy on a recovery path, 2022 offered a roadmap for various industries to grow and cash in on near-term opportunities. For some sectors, a lack of supervision stymied potential development. As new rules are imposed and others expire, businesses and individuals need to adapt because the government is…

Bangkok Post · Dec 29, 2022