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BUSINESS

Levy on share sales at risk from Fetco opposition

Business, Wichit Chantanusornsiri, Published on 03/03/2023

» The imposition of the financial transaction tax on share sales by individual investors might be delayed because of opposition from the Federation of Thai Capital Market Organizations (Fetco), says Finance Minister Arkhom Termpittayapaisith.

BUSINESS

1.9m sign up for domestic travel perk

Business, Wichit Chantanusornsiri, Published on 16/07/2020

» More than 1.9 million people signed up for the "We travel together" tourism stimulus package as of 6pm on the first day of registration, a scheme devised to promote local travel as the industry has been battered by the pandemic.

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OPINION

Instability threatens economic growth

News, Wichit Chantanusornsiri, Published on 27/04/2019

» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.

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INVESTMENT

Government Pension Fund expects to shift focus to gold, oil to mitigate risk

Business, Wichit Chantanusornsiri, Published on 24/04/2024

» The Government Pension Fund (GPF) is reducing investments in assets that may be affected by war and increasing investments in gold and oil to mitigate risk.

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BUSINESS

Exim Bank eyes green loans

Business, Wichit Chantanusornsiri, Published on 19/06/2023

» Export-Import (Exim) Bank of Thailand plans to expand its green loans to 50% of its total outstanding loan book within four years, in line with global environmental goals, says president Rak Vorrakitpokatorn.

BUSINESS

Exim Bank to sell B3bn of bad loans to asset manager

Business, Wichit Chantanusornsiri, Published on 13/09/2021

» Export-Import Bank of Thailand (Exim Bank) plans to sell 2.5-3 billion baht of non-performing loans (NPLs) to an asset management corporation to strengthen its financial status, says bank president Rak Vorrakitpokatorn.

BUSINESS

GSB returns to paper for savings lotteries

Business, Wichit Chantanusornsiri, Published on 08/09/2021

» While Government Savings Bank (GSB) has been going digital, many of its customers, mostly elderly people, want the bank to continue to offer its savings lotteries in a paper format rather than a digital one.

BUSINESS

SMEs to get tax break on software-related expenses

Business, Wichit Chantanusornsiri, Published on 13/05/2021

» The cabinet on Tuesday approved in principle a measure to allow small-and-medium-sized enterprises (SMEs) to use their software or computer programme-related expenses as a deductible on corporate income tax at the rate of two times the expense in some cases, said the Revenue Department's director-general, Dr Ekniti Nitithanprapas.

BUSINESS

Treasury called for appraisal

Business, Wichit Chantanusornsiri, Published on 11/11/2020

» Finance Minister Arkhom Termpittayapaisith has requested the Treasury Department estimate the appraisal value of land situated in locations benefiting from the government's development projects, aiming to determine the market price.

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BUSINESS

Ministries to extend, rejig travel campaign

Business, Wichit Chantanusornsiri, Published on 28/09/2020

» The Finance and Tourism and Sports ministries are preparing to extend and adjust conditions of the We Travel Together tourism campaign until year-end to encourage domestic travel in the final quarter.