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BUSINESS

BAAC to begin job training as welfare

Business, Wichit Chantanusornsiri, Published on 23/05/2018

» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) expects to be able to provide job training in June to half of those who identify their aspiring careers.

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BUSINESS

Three projects look to get on PPP fast-track

Business, Wichit Chantanusornsiri, Published on 22/05/2018

» At least three projects worth 447 billion baht under the fast-track public-private partnership scheme are expected to seek the PPP committee's approval this year.

BUSINESS

GPF expects lower returns amid stormy markets

Business, Wichit Chantanusornsiri, Published on 22/05/2018

» Amid high fluctuation in the capital market, the Government Pension Fund (GPF) expects returns this year will be lower than last year, but can still beat inflation.

BUSINESS

FPO pushing bill on private trusts

Business, Wichit Chantanusornsiri, Published on 21/05/2018

» The Fiscal Policy Office (FPO) is pushing a draft bill on using private trusts as a tool for the affluent to manage their wealth and prevent them from transferring assets overseas, says a source at the Finance Ministry.

BUSINESS

Neda readies huge loan for Myanmar

Business, Wichit Chantanusornsiri, Published on 17/05/2018

» The Neighbouring Countries Economic Development Cooperation Agency (Neda) plans to issue long-term bonds worth 15 billion baht this year to refinance retiring shorter-term debt, says its chief.

BUSINESS

GSB targets B10bn more in loans to bolster SME finances

Business, Wichit Chantanusornsiri, Published on 12/05/2018

» The state-owned Government Savings Bank (GSB) aims to extend a further 10 billion baht worth of loans to small and medium-sized enterprise (SME) startups this year to broaden their access to financing.

BUSINESS

Perk extension expected to add 100,000 corporations

Business, Wichit Chantanusornsiri, Published on 11/05/2018

» A one-year extension of tax incentives to encourage owner-operators to register as juristic persons is projected to add 100,000 corporate entities in Thailand, says the Revenue Department's chief.

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BUSINESS

IFRS 9 adoption queried

Business, Wichit Chantanusornsiri, Published on 10/05/2018

» Thailand's adoption of the International Financial Reporting Standard 9 (IFRS 9) does not have to follow the strict standard being implemented in developed countries, especially if there are adverse effects on small businesses and retail customers, says Finance Minister Apisak Tantivorawong.

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BUSINESS

Sepo says ailing IBank on the mend

Business, Wichit Chantanusornsiri, Published on 07/05/2018

» The State Enterprise Policy Office (Sepo) has attempted to allay concerns over the need for an asset sell-off at the state-owned Islamic Bank of Thailand (IBank), saying its operations have started to turn a profit.

BUSINESS

BAAC aiming for lending of B750bn

Business, Wichit Chantanusornsiri, Published on 05/05/2018

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has set a loan target of 750 billion baht for fiscal 2018, with 30% branded as low-interest loans to help farmers adapt to sustainable production.