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GENERAL

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.

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GENERAL

Less budget borrowing needed

Business, Wichit Chantanusornsiri, Published on 17/08/2024

» The Public Debt Management Office (PDMO) is unlikely to borrow the entire 805 billion baht it is permitted to utilise to offset the budget deficit, as there are sufficient treasury reserves, according to the office's chief.

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GENERAL

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.

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GENERAL

HSBC rolls out regional digital loans

Business, Wichit Chantanusornsiri, Published on 28/03/2024

» HSBC is offering a new US$1 billion growth fund to bolster platform players within the rapidly expanding regional digital economy.

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MOTORING

EV imports expected to reach 175,000 in two years

Wichit Chantanusornsiri, Published on 22/01/2024

» The Excise Department estimates electric vehicle (EV) imports will reach 175,000 units within two years, says director-general Ekniti Nitithanprapas.

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GENERAL

Srettha sets timeline  for new state policies

Business, Wichit Chantanusornsiri, Published on 24/11/2023

» Prime Minister Srettha Thavisin has set a schedule for pressing economic issues related to agriculture, industry, and debt problems, including both formal loans and loan sharks.

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GENERAL

Going global

Business, Wichit Chantanusornsiri, Published on 24/07/2023

» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.

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BUSINESS

Agency upbeat on use of blockchain tech

Business, Wichit Chantanusornsiri, Published on 05/07/2023

» The Comptroller-General's Department (CGD) believes the use of the blockchain technology in government auctions will increase transparency and create fairness for all bidders, says comptroller-general Kulaya Tantitemit.

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BUSINESS

Infrastructure outlays to underpin growth

Business, Wichit Chantanusornsiri, Published on 16/01/2023

» The government aims to accelerate state investment this year to provide a tailwind to propel economic growth momentum.

THAILAND

Cannabis importer summoned

News, Wichit Chantanusornsiri, Published on 27/07/2022

» The Customs Department director-general has assigned a representative to file a complaint with police against an individual going by the name Julpaos Kresopon for making a false declaration to customs authorities regarding the type of goods he was importing.