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Search Result for “$8 billion”

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BUSINESS

State eager to avoid fiscal fiasco

Business, Wichit Chantanusornsiri, Published on 06/03/2023

» The government set an ambitious goal to achieve a balanced budget in 10 years, even though several obstacles still remain.

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BUSINESS

Think tank calls for personal income tax restructuring

Business, Wichit Chantanusornsiri, Published on 03/03/2023

» The government needs to revamp the tax structure, especially the personal income tax, to bridge the income gap and ensure a fairer system, according to the National Economic and Social Development Council (NESDC).

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BUSINESS

BAAC to launch B100bn savings lottery

Business, Wichit Chantanusornsiri, Published on 02/03/2023

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to raise savings through the launch of savings lotteries worth 100 billion baht, says executive vice-president Manop Jinamai.

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BUSINESS

Thai consumption keeps increasing amid recovery

Business, Wichit Chantanusornsiri, Published on 28/02/2023

» Private consumption improved in January, according to the Fiscal Policy Office's director-general Pornchai Thiraveja.

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BUSINESS

Department upbeat on revenue goal

Business, Wichit Chantanusornsiri, Published on 09/02/2023

» The Revenue Department expects to meet its revenue collection target for fiscal 2023 because of the economic recovery, says director-general Lavaron Sangsnit.

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BUSINESS

Finance Ministry keen on balanced budget

Business, Wichit Chantanusornsiri, Published on 03/02/2023

» The Finance Ministry expects a more focused reform of both revenue collection and expenditure to achieve a balanced budget in the next decade, says the ministry's permanent secretary Krisada Chinavicharana.

BUSINESS

Thai Credit Guarantee Corporation targets B120bn of loan guarantees

Business, Wichit Chantanusornsiri, Published on 02/02/2023

» State-owned Thai Credit Guarantee Corporation (TCG) has set a loan guarantee target of 120 billion baht for this year, says general manager Sittikorn Direksoonthorn.

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BUSINESS

FPO maintains Thai GDP growth forecast

Business, Wichit Chantanusornsiri, Published on 28/01/2023

» The Fiscal Policy Office (FPO) has maintained its Thai economic growth forecast this year at 3.8%, in line with the continued rebound of the tourism sector and declining inflation.

BUSINESS

State NSF offerings to rise by B2bn

Business, Wichit Chantanusornsiri, Published on 27/01/2023

» The government is expected to spend between 1.8 billion and 2 billion baht per year on higher contributions to National Savings Fund (NSF) members, says Finance Minister Arkhom Termpittayapaisith.

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BUSINESS

GSB still backing low-income borrowers

Business, Wichit Chantanusornsiri, Published on 25/01/2023

» Government Savings Bank (GSB) plans to continue to help low-income borrowers access loans this year on a fair borrowing cost basis through its newly launched mortgage subsidiary and its existing digital lending application, says president Vitai Ratanakorn.