Showing 11 - 20 of 27
Exim proposing airline aid
Business, Wichit Chantanusornsiri, Published on 28/01/2021
» The Export-Import Bank of Thailand (Exim Bank) plans to propose a loan measure to the Finance Ministry early next month, aiming to beef up liquidity for crippled airlines to retain employees.
Finance minister has four main tasks
Business, Wichit Chantanusornsiri, Published on 13/10/2020
» Newly appointed Finance Minister Arkhom Termpittayapaisith is prioritising four criteria to manage the economy and admits there is a possibility the government will seek more loans given waning domestic and external demand.
Jet fuel levy cuts could be extended
Business, Wichit Chantanusornsiri, Published on 22/09/2020
» The government is mulling an extension of excise tax reductions for jet fuel for another six months, claiming the impact of the pandemic on low-cost airlines remains unabated.
No policy to extend jet fuel tax reduction
Business, Wichit Chantanusornsiri, Published on 17/09/2020
» Sept 30 will be the last day for excise tax reductions for jet fuel and the Excise Department has no policy to extend the measure, said a source at the department who spoke on condition of anonymity.
1.9m sign up for domestic travel perk
Business, Wichit Chantanusornsiri, Published on 16/07/2020
» More than 1.9 million people signed up for the "We travel together" tourism stimulus package as of 6pm on the first day of registration, a scheme devised to promote local travel as the industry has been battered by the pandemic.
THAI loan queries rebuffed by ministry
Business, Wichit Chantanusornsiri, Published on 27/04/2020
» The Finance Ministry has dismissed financially ailing Thai Airways International's hopes for a loan guarantee, saying the assistance would breach loan guarantee requirements for state enterprises because THAI has recorded net losses for three years in a row.
Extra cash available to fund handouts
Business, Wichit Chantanusornsiri, Published on 24/04/2020
» The government says it can reallocate 400 billion baht under the 1-trillion-baht borrowing plan to the 5,000-baht cash handout scheme in the event that the 550-billion-baht budget is inadequate.
Aid measures to seek cabinet nod
Business, Wichit Chantanusornsiri, Published on 04/02/2020
» A seven-month excise tax cut for jet fuel for domestic flights of local airlines, tax breaks for business operators that hold seminars in provinces and hospitality operators that renovate their properties, and a deadline extension for personal income tax return filing will go before the cabinet on Tuesday.
Airlines told to work for lower tax
Business, Wichit Chantanusornsiri, Published on 21/11/2019
» The Excise Department has proposed local airlines increase the frequency of flights to second-tier provinces to enhance tourism there in return for a reduction in the excise tax on jet fuel, its chief says.
Thai Airways needs 100bn for upgrade, says chairman
Wichit Chantanusornsiri, Published on 20/09/2018
» Thai Airways International has to pay hefty bills to rejoin the ranks of the world's premium airlines.