Showing 1 - 10 of 778
GPF portfolio strategy shifts to handling risks
Business, Wichit Chantanusornsiri, Published on 24/05/2024
» The Government Pension Fund (GPF), the second-largest fund in the country, has shifted its investment strategy this year to creating a portfolio capable of handling appropriate risks, rather than maximising profits.
A lever to capture corporate tax scofflaws
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.
Brunei inks pacts to boost trade, tourism
Poramet Tangsathaporn, Published on 29/04/2024
» Brunei and Thailand on Monday signed two memorandums of understanding on trade and tourism cooperation.
Government Pension Fund expects to shift focus to gold, oil to mitigate risk
Business, Wichit Chantanusornsiri, Published on 24/04/2024
» The Government Pension Fund (GPF) is reducing investments in assets that may be affected by war and increasing investments in gold and oil to mitigate risk.
Digital wallet 'super app' to link with bank apps
Mongkol Bangprapa, Published on 17/04/2024
» The so-called super app earmarked for the 10,000-baht digital wallet scheme will work in sync with existing mobile applications for banks on users' phones, according to Deputy Finance Minister Julapun Amornvivat.
Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
House backs pension system upgrade
Onnucha Hutasingh, Published on 16/03/2024
» A report on a progressive state pension system by the Committee on Social Welfare recently received House approval with an execution plan expected in the 2030 fiscal year.
Thailand to host Formula E, PM says
News, Published on 10/03/2024
» The government plans to host Formula E, a world-renowned electric-car racing championship series, next year.
Saudis ‘need higher oil prices to balance budget’
Published on 06/02/2024
» Saudi Arabia will need oil prices to average more than $90 a barrel this year to balance its budget, according to Fitch Ratings, which affirmed the kingdom at the fifth-highest investment grade but warned about its heavy reliance on energy.
Elderly living allowance raise gets backing
News, Onnucha Hutasingh, Published on 02/02/2024
» The House committee on social welfare will forward to parliament a bill raising the monthly living allowance currently offered to elderly poor people to 3,000 baht per month.