Showing 31-40 of 3,349 results
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Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
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Virtual bank licensing criteria set
Business, Wichit Chantanusornsiri, Published on 06/03/2024
» The Finance Ministry has announced the criteria to apply for a virtual bank licence, with initial registered capital set at 5 billion baht.
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NESDC sees personal loans soar
Business, Wichit Chantanusornsiri, Published on 05/03/2024
» Personal loans have surged due to a shortage of personal liquidity while credit quality has diminished, according to the latest report by the National Economic and Social Development Council (NESDC).
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BAAC pledges to solidify its financial status
Business, Wichit Chantanusornsiri, Published on 05/03/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has committed to solidifying its financial status, aiming to provide continued support to farmers and cap its non-performing loans (NPLs) at 4% this year.
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BAAC eyes platform for crops in China
Business, Wichit Chantanusornsiri, Published on 04/03/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is negotiating with a Chinese tech giant to set up a joint venture to develop an e-commerce platform to facilitate the sale of agricultural products to China, says president Chatchai Sirilai.
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IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
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NPL provisions soar at state institutions
Business, Wichit Chantanusornsiri, Published on 01/03/2024
» Provisions for non-performing loans (NPLs) by specialised financial institutions (SFIs) tallied 263% at the end of fiscal 2023, compared with 194% in September 2022, says a Finance Ministry source who requested anonymity.
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Consumer confidence hits 47-month high
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Consumer confidence rose in January to the highest level in 47 months, propped up by the economic recovery, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
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Scrutinising the need for overseas bonds
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.
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Fiscal 2024 budget disbursement expedited
Business, Wichit Chantanusornsiri, Published on 27/02/2024
» The Finance Ministry has issued measures to expedite the disbursement of the fiscal 2024 budget, requiring the contract of new investment projects be signed by July, says Deputy Finance Minister Krisada Chinavicharana.
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