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New land appraisals likely postponed

The Treasury Department is expected to ask the land appraisal committee to postpone the adoption of new appraisal prices by another year.

Treasury mulls rent rejig

Treasury mulls rent rejig published : 19 Jul 2021 at 07:11 5 Travellers walk past duty-free shopping at Suvarnabhumi airport. The Treasury Department proposed a reduction in rental fees to ease operators financial woes. (Photo: Kamolwat Praprutitum) The Treasury Department might consider lowering its land and building rental fee to 25% of its normal rate on a case-by-case basis, with the aim of easing the burden on tenants given the prolonged pandemic, says Yuttana Yimgarund, the department s director-general. He said many tenants have been suffering from declining revenue since early last year when the pandemic broke out. The department already lowered the rental fee by half for tenants on a case-by-case basis, or let them postpone fee payment to cushion against the impact.

Department to auction seized assets

Department to auction seized assets 23 published : 5 Mar 2021 at 09:26 Yuttana: Aiming for transparency The Treasury Department is preparing to launch an online auction of lawfully seized assets this month to enhance transparency of asset sales. The auctioned assets are properties the department received from the Anti-Money Laundering Office and the Office of the National Anti-Corruption Commission, said Yuttana Yimgarund, director-general of the department. There are 156 lawfully seized assets, comprising of land, land and buildings, buildings constructed on land plots and apartments and condominiums, said Mr Yuttana. The online auction process will be launched this month. The first-round auction will be launched around the clock for seven days via https://auction.treasury.go.th

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