Showing 1 - 10 of 61
Household debt slows in first quarter
Business, Wichit Chantanusornsiri, Published on 27/08/2024
» Household debt growth slowed in the first quarter of 2024, partly due to financial institutions tightening their loan extension criteria, according to the National Economic and Social Development Council (NESDC).
Budget for digital wallet scheme reduced by B50bn
Business, Wichit Chantanusornsiri, Published on 12/07/2024
» The cost of the government's flagship digital wallet initiative has been scaled down to 450 billion baht from 500 billion, but the Finance Ministry still expects it to have a positive impact on the economy.
Inbound duty-free shops to be closed
Wichit Chantanusornsiri, Published on 02/07/2024
» The cabinet says duty-free shops in arrivals areas of international airports will be closed to encourage more spending by visitors in domestic stores, with projections for up to 3.5 billion baht a year of new local retail spending.
Navigating new foreign income rules
Business, Wichit Chantanusornsiri, Published on 27/06/2024
» Benjamin Franklin famously said in reference to the US Constitution 235 years ago that only two things are certain in this world: death and taxes.
Julapun defends new property proposals
Business, Wichit Chantanusornsiri, Published on 26/06/2024
» The proposal to allow foreigners to purchase real estate in Thailand will help stimulate the local economy, says Deputy Finance Minister Julapun Amornvivat.
New overseas income rules proposed
Business, Wichit Chantanusornsiri, Published on 05/06/2024
» The Revenue Department is preparing to amend the law to collect taxes from individuals who have income from abroad, even if that income is not brought into the country.
Call for action on real estate loans
Business, Wichit Chantanusornsiri, Published on 28/05/2024
» The National Economic and Social Development Council (NESDC), the state planning unit, has urged financial institutions to adopt proactive policies in restructuring real estate loans following a sharp rise in the rate of non-performing loans (NPLs) for this type of credit.
Cabinet okays 10-year EEC visa for foreigners
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The cabinet has approved a special 10-year visa for executives and experts working in the Eastern Economic Corridor (EEC) to support the development of targeted industries in the country.
Entertainment centres 'not just about gambling'
Business, Wichit Chantanusornsiri, Published on 02/04/2024
» Investments of more than 100 billion baht are anticipated for every venue within the government's much-touted integrated entertainment complex development project.
‘No reason’ to resist rate cut, says finance official
Wichit Chantanusornsiri, Published on 22/03/2024
» The Bank of Thailand no longer has any reason to refrain from reducing its policy interest rate, says a senior official of the Ministry of Finance.