Showing 1 - 10 of 23
BAAC targets older folks switching to farming
Business, Wichit Chantanusornsiri, Published on 26/09/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is preparing to launch a new loan product aimed at encouraging salaried workers aged 50 and older to invest in agricultural careers, providing them with supplementary income after they retire.
Finance Minister calls for tax system rejig
Business, Wichit Chantanusornsiri, Published on 10/09/2024
» Thailand needs to integrate its entire tax system, as the country's current personal and corporate income tax rates remain higher than the international standards, according to Finance Minister Pichai Chunhavajira.
Small firms feel the pinch amid an array of challenges
Business, Wichit Chantanusornsiri, Published on 31/08/2024
» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.
Household debt slows in first quarter
Business, Wichit Chantanusornsiri, Published on 27/08/2024
» Household debt growth slowed in the first quarter of 2024, partly due to financial institutions tightening their loan extension criteria, according to the National Economic and Social Development Council (NESDC).
Stock fraud crackdown
Business, Wichit Chantanusornsiri, Published on 27/08/2024
» The Finance Ministry has proposed stricter laws to prevent stock manipulation that damages the market, whether conducted by domestic or foreign actors.
Hunting for a place at the financial table
Wichit Chantanusornsiri, Published on 16/08/2024
» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.
Govt Savings Bank soft loan programme attracts strong demand
Business, Wichit Chantanusornsiri, Published on 26/07/2024
» A soft loan scheme administered by the Government Savings Bank (GSB) has initially attracted demand tallying 70-80 billion baht out of the 100 billion-baht total, according to Finance Minister Pichai Chunhavajira.
Retirement lottery to the rescue
Business, Wichit Chantanusornsiri, Published on 25/07/2024
» It is alarming that nearly half of the country's workforce, comprising 37.5 million people, lacks a retirement savings plan.
Bad debt spike blamed on drop in spending
Business, Wichit Chantanusornsiri, Published on 22/07/2024
» An increase in non-performing loans (NPLs) during the first seven months of this year primarily stems from wholesale and retail businesses, according to the Small and Medium Enterprise Development Bank of Thailand (SME D Bank).
Seeking new engines of growth
Wichit Chantanusornsiri, Published on 22/07/2024
» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.