Showing 1 - 8 of 8
Beefing up the role of SME Bank
Business, Wichit Chantanusornsiri, Published on 18/02/2017
» Is the Small and Medium Enterprise Development Bank of Thailand (SME Bank) undersized relative to Thailand's economic value? It's a simple question that has recently been raised by president Mongkol Leelatham, but one that nobody dared ask even a few years ago.
Thais opt for quick fix over full democracy
News, Wichit Chantanusornsiri, Published on 11/08/2016
» The results of Sunday's constitutional referendum demonstrate a critical reversion of political thought among Thai voters. In voting for a less democratic draft constitution, they have made it clear they prefer immediate remedies for political and economic woes rather than fully-fledged democracy.
GPF to lose 200,000 members
Business, Wichit Chantanusornsiri, Published on 10/10/2014
» The Government Pension Fund (GPF), Thailand's largest pension provider, estimates 200,000 members with outstanding contributions plus benefits of 40 billion baht will opt out of its membership and return to the previous non-contribution benefit plan.
GPF calms jitters over sufficient funds
Business, Wichit Chantanusornsiri, Published on 27/06/2014
» The Government Pension Fund (GPF), the country's largest pension provider, has soothed concerns it may not have sufficient money for redemption if all its members who applied before 1997 decided to return to the previous non-contribution benefit plan.
GSB frets over annual loan growth target
Business, Wichit Chantanusornsiri, Published on 21/03/2014
» The Government Savings Bank (GSB) is concerned about achieving its full-year target of 4-4.5% loan growth in light of the slowing domestic economy and delays in public investment, according to outgoing president Worawit Chailimpamontri.
BAAC ready to dish out farmer cash
Business, Wichit Chantanusornsiri, Published on 04/03/2014
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to begin using proceeds from specialised assistance funds to pay farmers once the total reaches 1 billion baht as expected by tomorrow, president Luck Wajananawat said on Monday.
BAAC promissory note sale tanks
Business, Wichit Chantanusornsiri, Published on 28/02/2014
» The caretaker government's fundraising plan to pay off rice farmers suffered another setback on Thursday when an auction for the first tranche of 20 billion baht in promissory notes issued by the Bank for Agriculture and Agricultural Cooperatives (BAAC) saw weak demand.
SMEs 'first to benefit' from deductions
Business, Wichit Chantanusornsiri, Published on 06/11/2013
» Small and medium-sized enterprises (SMEs) will likely benefit from the Revenue Department's planned increase in tax-deductible expenses for individual taxpayers, as they should be the first group whose tax receipts and invoices are eligible.