The Latest Breaking News from Finance Ministry

THAI expects to name new chief in January

Thai Airways International expects to name a new permanent CEO as early as January as it proceeds with its restructuring plan, acting CEO Suvadhana Sibunruang said on Friday.

Bangkok Post · Nov 11, 2022

Finance Ministry mulls land and building tax cuts

The Finance Ministry is considering a proposal to reintroduce a reduced land and building tax over the next two years, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post · Nov 4, 2022

Cabinet approves changes to liquor regulations

The cabinet on Tuesday approved the Finance Ministry's amendment to ministerial regulations regarding the production of traditional liquor for non-commercial purposes and craft beer, ignoring the Move Forward Party's draft Progressive Liquor Bill.

Bangkok Post · Nov 1, 2022

Finance Ministry sees 2022 economic growth of 3.0-3.5%

Thailand should see economic growth of 3 to 3.5% this year, driven by the key export and tourism sectors, Finance Minister Arkhom Termpittayapaisith said in an interview on Wednesday.

Bangkok Post · Oct 19, 2022

Ministry eyes steps to spur spending

The Finance Ministry is considering new measures to encourage spending in a bid to maintain the Thai economic recovery, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO).

Bangkok Post · Oct 17, 2022

Ministry to vouch for fuel fund loans

The Finance Ministry plans to provide loan guarantees worth up to 30 billion baht to the Oil Fuel Fund in the first phase of the fund's plan to bolster liquidity, says a ministry source who requested anonymity.

Bangkok Post · Oct 13, 2022

Ministries urged to shun ‘inflated’ demands for funds

Finance Ministry seeks ‘objective’ proposals for first supplementary demands for grants for FY23; PAC earlier said dept. demands marked by ‘bad planning, lack of foresight, ineffective monitoring’

The Hindu · Oct 11, 2022

Arkhom plays down possibility of a slump

The Thai economic recovery is not expected to be greatly affected if the world goes into recession next year, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post · Oct 11, 2022

Finance Ministry mulls steps like auto debiting other accounts of issuer to curb cheque bounce cases

Trade bodies have been pitching for changes in the cheque bounce law for the fast disposal of such cases

The Hindu · Oct 9, 2022

Flood-ravaged Pakistan contests ratings downgrade by Moody's

Pakistan is contesting a downgrade of its rating by Moody’s Investors Service, insisting it has adequate reserves and financing to repay foreign debt even after the worst flooding in its history

The Independent UK · Oct 7, 2022