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BUSINESS

Tax tips and tricks for the new code

Business, Oranan Paweewun, Published on 22/01/2018

» Filing of individual tax returns for 2017 has already opened, but the process of filling out a return has changed significantly over the past few years because of major changes in the tax structure, as well as new standard allowances and deductions.

BUSINESS

Corporate loans to rise anew

Business, Somruedi Banchongduang, Published on 22/01/2018

» Positive corporate loan growth, an indicator of private investment, propelled large and mid-sized banks' lending last year, and securities analyst Asia Plus Securities is bullish that the momentum will continue into 2018.

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BUSINESS

Fear of fallout over baht's rise

Business, Published on 22/01/2018

» The baht's continuous rise is once again the topic of contentious discussions, with businesses operating in the real sector making the most noise.

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BUSINESS

Tisco Bank pumps brake on loan gains

Business, Somruedi Banchongduang, Published on 17/01/2018

» With concerns over high household debt and an uptick in bad loans, Tisco Bank has set a conservative loan growth target of 5% this year, far below the 11.8% loan growth it recorded last year, partly driven by a 33-billion-baht retail loan transferred from Standard Chartered Bank (Thai) (SCBT).

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BUSINESS

Muang Thai aims to up premiums by 10%

Business, Darana Chudasri, Published on 17/01/2018

» Muang Thai Insurance wants 13.5 billion baht in insurance premiums this year to move closer to cracking the top three in the market in the next three years.

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BUSINESS

SCB, KBank post weaker earnings

Business, Somruedi Banchongduang, Published on 20/01/2018

» Two of the big four commercial banks reported a sharp drop in unaudited consolidated net profit for 2017 and the three months to December, with larger bad-debt provisions taking a toll on balance sheets.

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BUSINESS

SME Bank cleared to exit rehab plan

Business, Chatrudee Theparat, Published on 20/01/2018

» The state-owned Small and Medium Enterprise Development Bank of Thailand (SME Bank) yesterday got the nod from the State Enterprises Policy Commission (superboard) to exit its rehabilitation plan, thanks to its improving operating performance and significantly lower non-performing loans.

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BUSINESS

Venture capital rising for startups

Business, Suchit Leesa-nguansuk, Published on 18/01/2018

» Thailand's startup industry is expected to see double-digit growth this year, driven by local funding and foreign venture capital.

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BUSINESS

Mobius still bullish on Thai equities market

Business, Darana Chudasri, Published on 18/01/2018

» Thailand remains a stellar investment destination among emerging markets, with its bull run expected to continue because of the country's sound economic fundamentals, says veteran investor Mark Mobius.

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BUSINESS

Central bank steps up fines for market conduct violators

Business, Somruedi Banchongduang, Published on 18/01/2018

» The Bank of Thailand is escalating the punishment for banks that violate the regulator's market conduct rules.