Showing 1 - 9 of 9
Thailand begins OECD membership process
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.
Virtual bank licensing criteria set
Business, Wichit Chantanusornsiri, Published on 06/03/2024
» The Finance Ministry has announced the criteria to apply for a virtual bank licence, with initial registered capital set at 5 billion baht.
Thailand expresses intent to become OECD member
Business, Wichit Chantanusornsiri, Published on 27/02/2024
» Joining the Organisation for Economic Co-operation and Development (OECD) would elevate the country's standards and help create a better quality of life for Thais, says Prommin Lertsuridej, secretary-general to the prime minister.
Savings bonds worth B100bn in the offing
Business, Wichit Chantanusornsiri, Published on 23/02/2024
» The government will sell savings bonds worth 100 billion baht within the fiscal year, with the first issue worth 40 billion baht to be offered next month to help finance the budget deficit, says Patchara Anuntasilpa, director-general of the Public Debt Management Office (PDMO).
State lottery changing to digital
Business, Wichit Chantanusornsiri, Published on 13/01/2024
» The Government Lottery Office (GLO), a state-owned enterprise under the Finance Ministry, plans to gradually shift general lottery stalls to digital lottery stalls starting next month, says permanent finance secretary Lavaron Sangsnit.
BAAC expects 85% of farmers to join debt plan
Business, Wichit Chantanusornsiri, Published on 02/11/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) anticipates roughly 85% of the 2 million eligible farmers will participate in the government's debt suspension programme, says president Chatchai Sirilai.
GSB issues green loans worth B27bn
Business, Wichit Chantanusornsiri, Published on 24/10/2023
» Government Savings Bank (GSB) has issued green loans worth 27 billion baht, ranging from personal loans to business loans, says senior executive vice-president Noppawan Ratanawekin.
7m in first round of debt suspension
Business, Wichit Chantanusornsiri, Published on 18/09/2023
» The number of farmers and small and medium-sized enterprises (SMEs) eligible for the initial phase of the debt moratorium will not exceed 7 million, says Deputy Finance Minister Julapun Amornvivat.
GSB uses ESG scores for loans to large firms
Business, Wichit Chantanusornsiri, Published on 24/07/2023
» The Government Savings Bank (GSB) has started to use environmental, social and governance (ESG) scoring in the process of considering loans to large businesses with a credit limit of 500 million baht or more, said president and chief executive Vitai Ratanakorn.