Showing 1-10 of 101 results
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GSB preps subsidiary for SME loans
Business, Wichit Chantanusornsiri, Published on 07/02/2022
» Government Savings Bank (GSB) is preparing to set up a non-bank subsidiary to provide loans based on land collateral to small and medium-sized enterprises (SMEs), says GSB president Vitai Ratanakorn.
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Revenue Department to enforce e-payment law threshold
Business, Wichit Chantanusornsiri, Published on 25/12/2019
» Financial institutions are required to report transactions of customer accounts that hit the e-payment law's threshold by the end of March 2020, says the Revenue Department.
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Apisak securing draft law for business ease
Business, Wichit Chantanusornsiri, Published on 24/10/2018
» Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country's ranking in the World Bank's Ease of Doing Business list.
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Reports coming for taxes
Business, Wichit Chantanusornsiri, Published on 04/04/2018
» The Revenue Department has amended the Revenue Code to require financial institutions, specialised financial institutions and electronic payment service providers to report those who deposit or provide at least 3,000 transactions a year.
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Apisak encourages higher R&D spending
Business, Wichit Chantanusornsiri, Published on 27/01/2017
» The government's sizeable investments are aimed at changing the country's landscape and encouraging research and development (R&D) to gain a competitive edge, says Finance Minister Apisak Tantivorawong.
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Ministry preps steps to mitigate new standards
Business, Wichit Chantanusornsiri, Published on 02/08/2023
» The Ministry of Finance is preparing to look for ways to help state-owned financial institutions which may be affected by the adoption of new financial reporting standards that are set to take effect in 2025, says permanent secretary Krisada Chinavicharana.
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SME D Bank loans set to reach B70bn
Business, Wichit Chantanusornsiri, Published on 12/07/2023
» Most loans being issued by the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) are to increase liquidity, with only a few for investment as entrepreneurs are still concerned about the unclear political situation, according to president Nartnaree Rathapat.
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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.
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Infrastructure outlays to underpin growth
Business, Wichit Chantanusornsiri, Published on 16/01/2023
» The government aims to accelerate state investment this year to provide a tailwind to propel economic growth momentum.
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State disburses 74% of investment budget
Business, Wichit Chantanusornsiri, Published on 26/12/2022
» Disbursement of the state investment budget in fiscal 2022 tallied 74% of the total investment budget of 611 billion baht, the highest level over the past five fiscal years, says Kulaya Tantitemit, director-general of the Comptroller-General Department.
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