Showing 1 - 10 of 67
Finance Minister calls for tax system rejig
Business, Wichit Chantanusornsiri, Published on 10/09/2024
» Thailand needs to integrate its entire tax system, as the country's current personal and corporate income tax rates remain higher than the international standards, according to Finance Minister Pichai Chunhavajira.
Measures afoot to aid loan defaulters
Business, Wichit Chantanusornsiri, Published on 10/09/2024
» The Finance Ministry is preparing measures to assist debtors who have defaulted on their home and car loans after a rise in non-performing lending in these segments.
Small firms feel the pinch amid an array of challenges
Business, Wichit Chantanusornsiri, Published on 31/08/2024
» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.
Clean energy holds short-term promise
Business, Wichit Chantanusornsiri, Published on 15/03/2024
» The government is being urged to make Thailand the regional front-runner for clean energy, promoting the sector as a new economic growth engine.
IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
NESDC issues warning on welfare spending surge
Business, Wichit Chantanusornsiri, Published on 28/11/2023
» The National Economic and Social Development Council (NESDC) has warned the government that the fiscal gap is starting to narrow due to the expansion of the state welfare budget, said secretary-general Danucha Pichayanan.
GSB set to launch digital loans in effort to lower rates
Business, Wichit Chantanusornsiri, Published on 04/04/2023
» Government Savings Bank (GSB) is set to launch a non-bank business to offer digital personal loans and digital nano-finance services in the third quarter of this year, with a view to pushing down interest rates in the market for both services by 5%, said president Vitai Ratanakorn.
Ministerial squabble delays EV measures
Business, Wichit Chantanusornsiri, Published on 31/01/2022
» A difference of opinions between the Energy Ministry and the Industry Ministry has resulted in a delay in the introduction of measures to support electric vehicles (EVs), according to a source at the National Electric Vehicle Policy Committee who requested anonymity.
2022 economic growth view at 4%
Business, Wichit Chantanusornsiri, Published on 29/01/2022
» The Fiscal Policy Office (FPO) has maintained its average forecast for Thai economic growth this year at 4%, mainly as a result of recovering domestic consumption and the tourism sector, says the office's director-general Pornchai Thiraveja.
State mulls cut in import tax on EVs
Business, Wichit Chantanusornsiri, Published on 29/11/2021
» The Finance Ministry may consider lowering the import duty on electric vehicles (EVs) as part of the measures to promote the use of EVs, says a ministry source who requested anonymity.