Finance Minister Pichai Chunhavajira

  • Thailand NewsDigital wallet phase three targets Thais aged 16 to 20

    Digital wallet phase three targets Thais aged 16 to 20

    Deputy Prime Minister and Minister of Finance Pichai Chunhavajira today announced that the third phase of the digital wallet programme will be limited to people aged 16 to 20. Efforts are being made to distribute the funds by the second quarter, with a potential fourth phase under consideration. Today, at 8.50am, March 10, at Government House, Pichai discussed the first…

  • Thailand NewsThailand eyes Phuket for bitcoin sandbox experiment

    Thailand eyes Phuket for bitcoin sandbox experiment

    Thailand is edging closer to cryptocurrency adoption, with Finance Minister Pichai Chunhavajira dropping hints about extending the bitcoin sandbox experiment in Phuket. This bold move could position Thailand as a regional leader in digital currency innovation. “We are not suggesting replacing existing currencies with bitcoin.” Pichai emphasised the controlled nature of the trial. Under the sandbox model, bitcoin would be…

  • Business NewsThailand unveils tax reform: Corporate tax cut, VAT hike rejected

    Thailand unveils tax reform: Corporate tax cut, VAT hike rejected

    Finance Minister Pichai Chunhavajira unveiled a bold tax reform plan to supercharge state revenue, drive national development, and level the economic playing field in Thailand. The announcement was made at the Sustainability Forum 2025, an event championing sustainable economic growth. Central to the plan is slashing the corporate income tax rate to 15%, aligning with OECD guidelines to keep Thailand…