Showing 1,271 - 1,280 of 1,328
Treasury Department eyes accelerated construction
Business, Wichit Chantanusornsiri, Published on 25/06/2018
» The Treasury Department looks set to amend a condition in its lease concession contracts to start charging rent from the date a contract is signed, aiming to compel concessionaires to speed up investment.
New law for foreign firms in the works
Business, Wichit Chantanusornsiri, Published on 25/06/2018
» The Revenue Department plans to propose a law stipulating that foreign entities with no physical presence which earn income in Thailand must report their transactions here to be inspected for value-added tax (VAT) payment.
SME Bank offers B58bn in loans
Business, Wichit Chantanusornsiri, Published on 23/06/2018
» The state-owned Small and Medium Enterprise Development Bank of Thailand (SME Bank) is offering low-rate loans worth a combined 58 billion baht to family-owned business operators turned juristic persons, farm processing entrepreneurs and innovative small-business operators.
NLA requires more time for land and buildings levy
Business, Wichit Chantanusornsiri, Published on 22/06/2018
» The National Legislative Assembly's (NLA) standing committee on the land and buildings tax needs more time to vet the organic law, says deputy finance minister Wisudhi Srisuphan, but he declined to specify whether the law's enforcement will meet the schedule set for January next year.
TCG revises cap for bad loan cover
Business, Wichit Chantanusornsiri, Published on 22/06/2018
» State-owned Thai Credit Guarantee Corporation (TCG) plans to cap bad loan guarantee coverage at 24% of the portfolio guarantee scheme (PGS) 7, below 30% under the current regime as risks are expected to fall.
Investment drawdown estimate drops to 70%
Business, Wichit Chantanusornsiri, Published on 20/06/2018
» State agencies are expected to draw down just 70% of this fiscal year's annual investment budget, well below the target of 87%, says the head of the Comptroller-General's Department.
Apisak backs rate leeway
Business, Wichit Chantanusornsiri, Published on 19/06/2018
» The Bank of Thailand's rate-setting panel does not need to follow in the footsteps of the US Federal Reserve by raising its policy rate, while the exodus of foreign investors is not worrisome, says Finance Minister Apisak Tantivorawong.
Launch mulled over for second TFF batch
Business, Wichit Chantanusornsiri, Published on 19/06/2018
» The government wants to launch the second batch of Thailand Future Fund (TFF) assets, with an estimated fundraising size of 100 billion baht as the infrastructure fund's first tranche is set to go public by September.
PDMO keen on big data
Business, Wichit Chantanusornsiri, Published on 19/06/2018
» The Public Debt Management Office (PDMO) plans to adopt big data technology to design savings bonds that will keep pace with the demands of investors of all ages, says a senior official.
Off-budget spending in focus
Business, Wichit Chantanusornsiri, Published on 18/06/2018
» The Comptroller-General's Department is mulling reallocating excessive non-budgetary expenditure from state agencies to treasury reserves in compliance with the Fiscal Responsibility Act.