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Stories from Thailand

556 stories in this location, newest first.

economy 15d ago Bangkok

Thai Government Considers Increasing Consumption Tax

The Thai government is considering increasing taxi fares by raising the tax from 7% to 10%. This proposal is part of efforts to address the country's debt levels and ensure financial stability. No specific timeline for implementation has been announced. The move aims to strengthen the banking sector's financial health. They believe the current rate hinders financial stability. However, no political action has yet been taken to implement this proposed tax increase. MCOT FM 100.5 News reported on this proposal. Several Thai banks have proposed increasing taxes by nearly 30 years. Previous tax rates of 7% were considered too low and made it difficult for banks to maintain capital. No previous tax legislation has had the courage to raise the tax. No previous tax regulations have addressed this issue with the urgency required.
MCOT FM 100.5 News
economy 15d ago Bangkok

Thailand Debt Ratio Reaches 35 Percent

Thailand's debt levels have been at 7% for approximately 27-28 years, increasing by nearly 30 years. However, no past debt cycle has been as severe as the current one, despite political uncertainty regarding potential tax increases to 10%. The Ministry of Justice is reviewing a share buyback agreement signed six years ago by Mr. A speaker from Thailand expressed concerns about high taxes and rising oil prices, stating that money will be insufficient. There are concerns about expanding Thailand's national bonds, as it could jeopardize the country's credit rating and increase financing costs for businesses and individuals. Large corporations are shifting focus from accelerated investment to managing risks and maintaining financial health due to global economic uncertainty. The Railway of Thailand has accumulated a debt of 280 billion baht.
MCOT FM 100.5 News
economy 15d ago Bangkok

Thai Government Seeks 400 Million Baht Loan For 2026 Budget

In the Thai market for electric vehicles (EVs), the maximum loan available is 1.5 million baht. This figure represents the highest loan amount for purchasing an EV in the country. The loan is intended to address budget shortfalls for the 2026 fiscal year, as current budget allocations are insufficient by nearly 2 billion baht. The Ministry of Finance stated that the borrowing will be conducted in stages based on necessity to manage economic crises. The exact final amount remains under consideration. The Ministry of Defense is requesting 400 million baht during the upcoming parliamentary session. The ministry stated it will borrow funds incrementally as necessary to manage increasing crisis response requirements. The Ministry of Finance plans to borrow incrementally based on necessity to help boost GDP growth to approximately 10.5-10.7 percent.
MCOT FM 100.5 News
health 15d ago Bangkok

Thai Life Expectancy Figures Reported

The report states a life expectancy of 46 years for one individual, contrasted with 40 years for another, attributed to lifestyle choices. A third individual is noted to have a life expectancy of 34 years.
MCOT FM 100.5 News
other 15d ago Bangkok

Thai Broadcaster Discusses User Choices And Features

A Thai broadcaster discussed user choices and available options, mentioning '1234' and various formats for usage. A Thai radio broadcast featured personal stories and reflections on family, education, and work. The program included discussions about financial struggles and the importance of perseverance. The broadcaster also mentioned a 42% return on investment after three months and digital stocks exceeding 180 billion. A financial representative for Thailand at the national level has resigned from their position. The resignation was announced by the Ministry of Finance. The Ministry of National Economic Affairs announced that a representative has resigned from their position as a national representative. A resignation has been submitted by Suriya, a third-level financial representative in Thailand, effective February 29th.
MCOT FM 100.5 News
politics 15d ago Thailand

Thai Officials Address Payment Issues and Project Results

Thai officials have convened to discuss ongoing payment issues and the results of various projects.
SBA Radio Riyadh
politics 15d ago Bangkok

Thai Officials Address Payment Issues and Project Results

Thai officials are addressing payment issues at a specific point, noting that sales have not yet been resolved. They anticipate seeing clear results within two to three months. The situation is also being influenced by external factors, requiring a demonstration of performance.
MCOT FM 100.5 News
economy 15d ago Bangkok

Thai Public Hopes for Economic Improvement

A majority of the Thai public, 81.2%, hopes for lower fuel prices, making it the top concern for the Ministry of Energy. Citizens are also looking to the ministry to manage fuel hoarding and price speculation. Despite potential issues, the public in Thailand has expectations for a better economy, including lower fuel prices. This sentiment exists even without specific policy announcements. The report indicated that people understand the need for improvement regardless of specific policies. Listeners understand that improved conditions are desired, even without specific policy details.
MCOT FM 100.5 News
other 15d ago Bangkok

DSI to Investigate Ausmartor Company Allegations

Thailand's Department of Special Investigation (DSI) has received a complaint regarding the company Ausmartor Company Limited. DSI Director-General Traipol Wisetkriangkrai stated that the department will investigate the allegations. DSI will accept the complaint for initial examination and will consider whether to classify it as a special case. The complaint was filed by an individual who expressed gratitude for the DSI's willingness to investigate. Officials are currently reviewing the case to determine if it warrants special investigation status.
MCOT FM 100.5 News
other 15d ago Bangkok

Durian Grading System Uses 13 Metrics

A grading system for durian fruit utilizes thirteen distinct metrics.
VOH Ho Chi Minh City