Asian officials meeting in Brunei this week will seek to buttress a fund designed to prevent the sort of financial crisis that rocked the region in the 1990s in case the tide of foreign money into their area should suddenly turn again. Surging capital inflows—the result of loose monetary policy in industrialized nations and global […]
Dispute over pay scheme is hurting the health system, experts say Academics have called for the Public Health Ministry and Rural Doctor Society to find solutions for the medical allowance dispute, warning that political games must end as the row is hurting the country’s health system. Although the ministry’s new system to pay allowances for […]
Two draft bills for the Social Security Fund should be amended to increase the government’s contribution rate and improve the fund’s operating cost, accountancy standards and management efficiency, say two think tanks. The recommendations came from the King Prajadhipok Institute (KPI) and Thailand Development Research Institute (TDRI). The fund covers all income earners working for […]
The ceiling set for the Social Security Office’s (SSO) management costs should be halved to 5 per cent, a researcher with the Thailand Development Research Institute (TDRI) said. “Article 24 of the Social Security Act should be amended to lower the ceiling of the management cost,” TDRI researcher Werapong Prapha said yesterday. He was speaking […]
The existing fiscal regulations have loopholes that might allow the government to create excessive debts, say Thailand Development Research Institute’s economists. Pakorn Vichyanon, a senior economist, said the state has no ceiling on its guarantee on debt for listed state-owned enterprises, especially basic utilities such as power, water and telecommunications, though unlisted state-owned enterprises have […]
Financial and economic experts yesterday criticised the populist policies of the Yingluck government, saying it will surge the level of bad debts to an unacceptable level. They were speaking at a seminar on the impact of the policies on the country’s economy, finances and fiscal budget. The seminar was organised by the board of commissioners […]
Amid the appreciating baht, Thailand should seize the chance to make economic structural adjustments to depend more on domestic investment, particularly in technology, for higher production competitiveness rather than on exports, a seminar heard yesterday. “A major obstacle to Thailand’s economic development is a very high reliance on exports,” Chalongphob Sussangkarn, former finance minister and […]
More than 95 per cent of public bus-related accident victims settle for meagre compensation because court proceedings take so long, according to recent research. The research found it took about 18 months to mediate cases, and at least two years for the lowest court to deliver a ruling. Over the period, the victims also had […]
Academic body to be modelled on US Congressional unit, TDRI’s Somkiat says The Thailand Development Research Institute (TDRI) and King Prajadhipok’s Institute have teamed up to design a new academic body to support the parliamentary budget process. Modelled around the US Congressional Budget Office (CBO), the body will counter-balance the administration’s data, said Somkiat Tangkitvanich, […]
