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Search Result for “FINANCE”

Showing 1 - 10 of 56

BUSINESS

Study: Use LTF tax credit, not deduction

Business, Pawee Sirimai, Published on 23/11/2017

» The Finance Ministry should replace tax deduction on investment in long-term equity funds (LTFs) with a tax credit that aims at reducing inequality and lowering the government's foregone revenue, says a local professor.

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BUSINESS

FIDF asks more of banks

Business, Pawee Sirimai, Published on 22/11/2017

» The proposed amendment of the Bank of Thailand Act will require financial institutions to contribute in the event of future bailout. This contribution requirement will be made only post-crisis not pre-crisis.

BUSINESS

MPC keeps policy rate unchanged at 1.5%

Business, Pawee Sirimai, Published on 09/11/2017

» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy interest rate unchanged yesterday as widely expected, saying the economy has grown at a faster pace than expected.

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BUSINESS

More tax incentives sought to help elderly with employment

Business, Pawee Sirimai, Published on 07/11/2017

» Deputy Prime Minister Somkid Jatusripitak has instructed the Fiscal Policy Office (FPO) to consider additional tax incentives as a means to support senior citizens' employment and businesses as Thailand moves towards becoming an aged society.

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BUSINESS

State banks urged to support more SMEs

Business, Pawee Sirimai, Published on 07/11/2017

» Deputy Prime Minister Somkid Jatusripitak is urging state-owned banks to play a more aggressive role in supporting small and medium-sized enterprises (SMEs).

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THAILAND

Two options for shopping tax break

Business, Pawee Sirimai, Published on 07/11/2017

» The tax break on year-end shopping is set to go before the cabinet today, but there are two options for implementation -- running for one month with immediate effect or two weeks but coming into effect later, says an informed source at the Finance Ministry.

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BUSINESS

Unlocking your home's equity

Business, Pawee Sirimai, Published on 06/11/2017

» A reverse mortgage is a powerful source of income for retirees. It helps them cover daily living expenses and healthcare costs by converting their home equity into cash with no repayment of the loan until the borrower dies or the home is sold.

BUSINESS

Inflation target left untouched

Business, Pawee Sirimai, Published on 20/10/2017

» The Bank of Thailand will maintain its inflation target band of 1-4% for next year on expectations that inflation will fall back to the lower band by mid-2018, says governor Veerathai Santiprabhob.

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BUSINESS

BAY targets 10.5% mortgage growth

Business, Pawee Sirimai, Published on 21/09/2017

» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, aims for 10.5% growth in total mortgages this year, outperforming the industry's softer forecast of 6%.

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BUSINESS

BoT chief puts focus on stability

Business, Pawee Sirimai, Published on 19/09/2017

» Bank of Thailand governor Veerathai Santiprabhob says the rate-setting committee must give weight to financial stability in deciding on the policy rate, in addition to short-term benefits.