Showing 1 - 10 of 31
Ministry aims to purge bad loans from bureau blacklist
Business, Wichit Chantanusornsiri, Published on 17/06/2024
» The Finance Ministry plans to hold talks with the Bank of Thailand and National Credit Bureau (NCB) about ways to reduce non-performing loans (NPLs) resulting from the impact of the pandemic, known as Code 21 debtors, in a bid to remove them from the bureau's blacklist sooner so they can access credit.
Developing a strategy resilient to risk
Business, Wichit Chantanusornsiri, Published on 15/06/2024
» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.
Airlines urge excise tax cut
Business, Wichit Chantanusornsiri, Published on 14/06/2024
» Budget airlines are calling on the Finance Ministry to help reduce the excise tax on jet fuel to lower costs for airlines, which claim to be in a fragile state.
39% of Q3 investment budget spent
News, Wichit Chantanusornsiri, Published on 13/06/2024
» The disbursement of the government's investment budget in the third quarter of this fiscal year has reached almost 40%, nearly double the set target thanks to the accelerated disbursement measures, according to Finance Minister Pichai Chunhavajira.
Trying to create a fairer property tax
Business, Wichit Chantanusornsiri, Published on 13/06/2024
» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.
New State Enterprise Policy Office panel to manage securities
News, Wichit Chantanusornsiri, Published on 13/06/2024
» The State Enterprise Policy Office (Sepo) is preparing to establish a committee to manage state-owned securities, both those listed on the stock exchange and those not, with a combined value exceeding 400 billion baht to ensure maximum efficiency.
IBank posts huge profit gain for 2023
Business, Wichit Chantanusornsiri, Published on 11/06/2024
» The Islamic Bank of Thailand (IBank) reported a 1,553% increase in net profit last year compared with 2022.
Official urges courage in tax assessment
Business, Wichit Chantanusornsiri, Published on 10/06/2024
» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.
New pension lottery intends to assist informal workers
Business, Wichit Chantanusornsiri, Published on 07/06/2024
» The Finance Ministry plans to introduce a pension lottery to promote retirement savings.
Official backs B122bn added budget
Business, Wichit Chantanusornsiri, Published on 06/06/2024
» Permanent finance secretary Lavaron Sangsnit has insisted the preparation of an additional budget totalling 122 billion baht for fiscal 2024 is still within the framework of fiscal discipline.