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BUSINESS

SMEs reel from double whammy

Business, Wichit Chantanusornsiri, Published on 24/05/2019

» Small and medium-sized enterprises (SMEs) are facing a double whammy from high operating costs and tight financial liquidity as well as elevated Sino-US trade tension, says Thanavath Phonvichai, vice-president for research at the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Apisak urges focus on growth

News, Wichit Chantanusornsiri, Published on 17/05/2019

» The next government has the responsibility to create policies and manage the economy in such a way that maximises the country's economic growth potential, said Finance Minister Apisak Tantivorawong.

BUSINESS

Public investment disbursement exceeds goal

Business, Wichit Chantanusornsiri, Published on 14/05/2019

» The public investment budget for the seven months through April was 5.86 percentage points higher than targeted, says a senior official at the Comptroller-General's Department.

BUSINESS

B77bn to spare in state budget

Business, Wichit Chantanusornsiri, Published on 10/05/2019

» Almost 80 billion baht in the annual budget is left over for a new government to spend this fiscal year, says a source at the Finance Ministry.

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BUSINESS

Finance Ministry scraps travel cash for tourists

News, Wichit Chantanusornsiri, Published on 27/04/2019

» The Finance Ministry has scrapped a plan to hand out travel allowances in cash worth 1,500 baht each to about 10 million people for travelling in any of 55 second-tier provinces, part of a scheme to promote domestic tourism in areas not regularly visited be them.

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BUSINESS

Handout quota of 10m

Business, Wichit Chantanusornsiri, Published on 24/04/2019

» A 1,500-baht cash handout for spending in 55 second-tier provinces will be allocated to 10 million people who register to participate in the scheme on a first-come, first-served basis.

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BUSINESS

Tax perk for property buyers on the cards

Business, Wichit Chantanusornsiri, Published on 23/04/2019

» The Revenue Department has proposed a tax deduction for property buyers as part of a seven-measure package to prop up economic growth during the transition to a new government.

BUSINESS

Stimulus package vowed within weeks

Business, Wichit Chantanusornsiri, Published on 20/04/2019

» An economic stimulus package containing seven measures worth a combined 20 billion baht will seek the cabinet's approval in the next two weeks with the aim of preventing the economy from losing momentum and growing below its potential.

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BUSINESS

Somkid says 5G infrastructure a priority

News, Wichit Chantanusornsiri, Published on 19/03/2019

» Thailand must adopt 5G technology next year to prevent the country from lagging behind Vietnam, Deputy Prime Minister Somkid Jatusripitak warned on Monday after a meeting with state enterprises.

BUSINESS

Exim Thailand eyes 10% lending growth

Business, Wichit Chantanusornsiri, Published on 22/02/2019

» The state-owned Export-Import Bank of Thailand (Exim Thailand) aims for 10% loan growth while keeping bad loans steady at 3.78% this year, its chief says.