Showing 81 - 90 of 940
Ministry estimates B2tn available for party pledges
Business, Wichit Chantanusornsiri, Published on 15/05/2023
» The new government will have room to spend at least 2 trillion baht to fulfil its populist campaign pledges, according to a Finance Ministry source who requested anonymity.
Excise requests extra B3bn for EV subsidy
Business, Wichit Chantanusornsiri, Published on 08/05/2023
» The Excise Department plans to ask for an additional government budget of 3 billion baht to subsidise the use of electric vehicles (EVs) in the state EV subsidy scheme, in line with the rising sales volume, says deputy director-general Kriengkrai Pattanaporn.
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.
IBank targets fewer NPLs
Business, Wichit Chantanusornsiri, Published on 25/04/2023
» The Islamic Bank of Thailand (IBank) aims to reduce its non-performing loans (NPLs) to 8 billion baht this year, from the current level of 13 billion baht, by helping its major corporate customers restructure their debt, says the bank's president Thaweelap Rittapirom.
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.
Excise Department sees year-on-year revenue dip
Business, Wichit Chantanusornsiri, Published on 01/04/2023
» The Excise Department collected 198 billion baht in revenue during the first five months of fiscal 2023, down from 230 billion during the same period last year, attributed to the continued diesel excise tax cut, according to deputy director-general Kriengkrai Pattanaporn.
SME D Bank focuses on circular economy
Business, Wichit Chantanusornsiri, Published on 09/03/2023
» Small and Medium Enterprise Development Bank of Thailand (SME D Bank) plans to focus on investments in promising bio-, circular and green (BCG) SMEs and startups this year, according to president Nartnaree Rathapat.