Government

Finance Ministry readies phase 3 of virus welfare

The Finance Ministry is preparing the third phase of the government’s Covid-19 relief package to support people, small-and-medium enterprises and financial institutions as the country grapples with the virus crisis.Finance Minister Uttama Savanayana said on Monday the third-phase package will be larger than the first- ...

Wichit Chantanusornsiri

20m register for financial aid

Almost 20 million people registered for Covid-19 financial aid in less than 48 hours, almost seven times the number estimated by authorities.Some 19.8 million have registered as of 2pm on Monday, the Finance Ministry announced on its Facebook. Keep reading ...

Bangkok Post Reporter

Seven Thai airlines to seek B16bn bailout

Seven Thai airlines are likely to seek a 16-billion-baht bailout from the Finance Ministry so they can keep employees while their services are suspended.The carriers are Thai AirAsia, Thai Lion Air, Nok Air, Bangkok Airways, THAI Smile, Thai VietjetAir and Thai AirAsia X.Keep reading ...

Narumon Kasemsuk

Ministry to divert some of its budget funds to help Thai entrepreneurs

The Ministry of Digital Economy and Society (DES) aims to cut its spending to help Thai entrepreneurs and shore up the economy.Ministry permanent secretary Atcharin Phatthanaphanchai said that during the board meeting to discuss the budget for fiscal year 2020 and 2021, a proposal to ...

The Nation Reporter

Asean summit in Vietnam postponed until end-June

A summit of Southeast Asian and other international leaders scheduled in Vietnam early next month has been postponed until end-June due to worries about the coronavirus pandemic, Vietnam’s Foreign Ministry said on Thursday.Vietnamese Prime Minister Nguyen Xuan Phuc has informed leaders of other Southeast Asian ...

B3.5bn virus budget sought

The board of National Health Security Office (NHSO) will ask the cabinet to approve a central budget of 3.5 billion baht to treat Covid-19 patients under the Universal Health Coverage scheme, NHSO secretary-general Sakchai Kanchanawattana said on Monday.The move came after the NHSO resolved to ...

Bangkok Post Reporter

Lawmakers propose special sitting of parliament to consider student protests

Government MPs and a senator have separately proposed a special parliamentary session be convened in the light of the student flash mobs occurring across the country.In a letter, addressed to House Speaker Chuan Leekpai, Democrat party-list MP Issara Seriwattanawuth proposed an urgent motion for the ...

1MDB queries need answers

Now that the military junta is being accused of helping Malaysia’s former government to cover up the multi-billion-dollar investment fund 1MDB scandal, it should be of utmost importance for Prime Minister Prayut Chan-o-cha to ensure that the public is given a clear, accurate picture of ...

At last, 2020 budget ready to spend

The Royal Gazette reported on Tuesday (February 26) that His Majesty the King had approved the national budget for fiscal 2020, retroactively effective from last October 2.After a string of delays and approval from the Parliament, the National Budget Act for fiscal 2020 was published ...

The Nation Reporter

Thailand’s New Land and Building Tax Act

In March 2019, the Thai government introduced the new Land and Building Tax Act B.E. 2562, which has been in effect since January 1, 2020.The Act obligates individuals, corporate entities, or any beneficiaries of land or buildings, to pay land and building tax. The new ...

Ayman Falak Medina

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