Showing 81 - 90 of 465
Targeted approach utilised for aid
Business, Wichit Chantanusornsiri, Published on 02/05/2023
» The Finance Ministry has continued to maintain its targeted fiscal policy, including the provision of financial aid directly to specific groups, helping the country save on budget spending, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
Thai growth slashed based on weak exports
Business, Wichit Chantanusornsiri, Published on 26/04/2023
» The Fiscal Policy Office (FPO) has downgraded its forecast for Thai economic growth this year to 3.6% from 3.8%, mostly based on expectations of an export contraction.
Baht all safe and sound
Business, Wichit Chantanusornsiri, Published on 24/04/2023
» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.
GH Bank new mortgages dip in Q1
Business, Wichit Chantanusornsiri, Published on 21/04/2023
» New mortgage lending for Government Housing (GH) Bank during the first quarter this year dropped 11% year-on-year, attributed to higher lending in the same period last year, according to acting president Krit Sesavej.
E-donations to be given tax cut priority
Business, Wichit Chantanusornsiri, Published on 11/04/2023
» Donations to education, sports and social development will only gain a double tax deduction if they are made via an electronic channel, said Vinit Visessuvanapoom, deputy director-general of the Revenue Department.
GSB unit to offer service nationwide
Business, Wichit Chantanusornsiri, Published on 07/04/2023
» Mee Tee Mee Ngern, a Government Savings Bank (GSB) subsidiary, plans to offer its land collateral loan service nationwide in June this year, expanding from the 10 major provinces in which it operates at present, says chief executive Isara Wongrung.
Policy rate raised to 1.75%
Business, Wichit Chantanusornsiri, Published on 30/03/2023
» The Bank of Thailand hiked its policy rate by 0.25 percentage points yesterday for a fifth consecutive meeting in an attempt to tame inflation as the economic recovery gathers steam.
Arkhom calms jitters
Business, Wichit Chantanusornsiri, Published on 23/03/2023
» Finance Minister Arkhom Termpittayapaisith has offered reassurance that Thai financial institutions will not be affected by the banking debacle in the US and Europe as local organisations have little exposure to such banks.
New tax reduction for land and buildings comes into effect
Business, Wichit Chantanusornsiri, Published on 21/03/2023
» A 15% reduction in the land and building tax has taken effect, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
Revenue to launch AI to scrutinise taxes
Business, Wichit Chantanusornsiri, Published on 13/03/2023
» The Revenue Department is using artificial intelligence (AI) to examine tax payments, enabling deeper scrutiny and preventing tax evasion, says director-general Lavaron Sangsnit.