Showing 1 - 10 of 96
Exim Bank aims to secure bond guarantee licence
Business, Wichit Chantanusornsiri, Published on 03/09/2024
» The Export-Import Bank of Thailand (Exim Bank) plans to handle the impact of the global trade war, which could lead to a contraction in export loans, by venturing into bond guarantees.
Ministry move aims to maintain prices
Business, Wichit Chantanusornsiri, Published on 26/07/2024
» The Finance Ministry looks set to help purchase mangosteens and longans at the beginning of the season, which is expected to run from July to August this year, to help elevate the prices of early-season produce.
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.
Interest burden hovers over digital wallet
Business, Wichit Chantanusornsiri, Published on 06/05/2024
» The ratio of interest burden to estimated government revenue is projected to increase to 11% next year from 8% in 2024, should the government proceed with its flagship digital wallet handout.
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
Bid to close profit shifting loophole
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.
IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
Another payment stream for retirees
Business, Wichit Chantanusornsiri, Published on 30/10/2023
» The global population has increased rapidly in the last 30 years, while two-thirds of people older than age 60 are in developing countries, especially in Asia.
Bid to stop debt turning sour
Business, Wichit Chantanusornsiri, Published on 01/08/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has revealed it has around 300 billion baht in debt which requires close monitoring in order to prevent bad debt, said president Chatchai Sirilai.
GH Bank keen to target the wealthy segment
Business, Wichit Chantanusornsiri, Published on 07/01/2023
» Government Housing Bank (GH Bank) wants to tap wealthy customers by offering high-value savings lotteries, aiming to become a new choice for people looking to diversify investment risk and earn a decent return amid a possible global recession and high inflation rate.