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THAILAND

Sino-Thai rail project talks to decide details

Business, Wichit Chantanusornsiri, Published on 11/08/2016

» Progress on the Sino-Thai high-speed rail project is expected to be made at this month's meeting, says the Public Debt Management Office (PDMO).

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BUSINESS

Makkasan project at B300bn

Business, Wichit Chantanusornsiri, Published on 09/06/2016

» The Treasury Department's development plan for Bangkok's prime Makkasan area is estimated to need at least 200-300 billion baht in investment, making it one of the country's largest projects.

BUSINESS

Islamic Bank puts partner bid on hold

Business, Wichit Chantanusornsiri, Published on 02/06/2016

» The state-owned Islamic Bank of Thailand's quest for new partners has been suspended after its negative capital adequacy ratio (CAR) discouraged investors.

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BUSINESS

Deal to develop QSNCC reached

Business, Wichit Chantanusornsiri, Published on 03/05/2016

» The Treasury Department has come to an agreement with liquor tycoon Charoen Sirivadhanabhakdi, the owner of N.C.C. Management & Development Co, for the second phase of the upgrade of Queen Sirikit National Convention Center (QSNCC).

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BUSINESS

Thai banks inefficient, says S&P

Business, Wichit Chantanusornsiri, Published on 24/12/2015

» Too high a margin for Thai commercial banks suggests poor efficiency in the local financial system, says Standard & Poor's Ratings Services (S&P).

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BUSINESS

'S' man on a mission

Business, Wichit Chantanusornsiri, Published on 14/12/2015

» The ambitious mission of the current government to see Thailand's economy grow in an S-shaped curve may not be realised if the country fails to increase public and private investment to match the levels of neighbouring countries.

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BUSINESS

Ministry mulls incentives to lure investors

Business, Wichit Chantanusornsiri, Published on 23/09/2015

» The Finance Ministry's list of short-term measures designed to boost private investment is expected to be ready next month, while long-term measures will be finalised in the next two months.

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THAILAND

DPA spreads the word on guarantee cut

Business, Wichit Chantanusornsiri, Published on 28/05/2015

» A planned reduction in the ceiling for deposit guarantees to 1 million baht per depositor per bank remains on track for August of next year, says the Deposit Protection Agency.

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BUSINESS

More nanofinanciers jump into the fray

Business, Wichit Chantanusornsiri, Published on 23/05/2015

» The Finance Ministry is expected to approve 10 additional licences for nanofinance applicants.

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THAILAND

Top income tax rate likely cut

Business, Wichit Chantanusornsiri, Published on 28/04/2015

» A tax reform roadmap, which cuts the maximum personal income tax rate and tax deductions and allowances and includes a proposed housing and land tax, is expected to be completed by November.