Showing 1 - 10 of 147
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
Agency maintains GDP forecast for the year
Business, Wichit Chantanusornsiri, Published on 20/08/2024
» The government's planning agency is maintaining its GDP forecast for this year but advises the government to speed up implementing measures to boost the economy and prepare the 2025 budget to address economic volatility caused by global crises.
Exim Bank offers cheap loans to halal exporters
Business, Wichit Chantanusornsiri, Published on 07/08/2024
» The Export-Import Bank of Thailand (Exim Bank) has teamed up with the Islamic Bank of Thailand (IBank) to offer loans with interest rates lower than the prime rate to support the goal of becoming Asean's halal hub by 2028.
Number of TCG clients doubles post-Covid
Business, Wichit Chantanusornsiri, Published on 30/07/2024
» Following the pandemic, the number of credit guarantee clients has increased to 800,000, primarily due to efforts to help small and medium-sized enterprises (SMEs) access more credit within the system, according to the head of the Thai Credit Guarantee Corporation (TCG).
Bad debt spike blamed on drop in spending
Business, Wichit Chantanusornsiri, Published on 22/07/2024
» An increase in non-performing loans (NPLs) during the first seven months of this year primarily stems from wholesale and retail businesses, according to the Small and Medium Enterprise Development Bank of Thailand (SME D Bank).
Minister warns of low inflation
Wichit Chantanusornsiri, Published on 09/07/2024
» The prolonged period of low inflation in Thailand poses a danger to the economy, warns Deputy Finance Minister Paopoom Rojanasakul.
Cheap imports levied VAT from July
Business, Wichit Chantanusornsiri, Published on 22/06/2024
» The Royal Gazette has announced the Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht, effective from July 5.
Handout funding to diminish spending on other projects
Business, Wichit Chantanusornsiri, Published on 27/04/2024
» Once the government allocates substantial funds for its flagship digital wallet handout, spending on other projects will be reduced, says finance permanent secretary Lavaron Sangsnit.
Ministry calls for monetary stimulus
Business, Wichit Chantanusornsiri, Published on 06/04/2024
» Thailand's economy is tilting towards deflation, necessitating monetary stimulus to spur it, says finance permanent secretary Lavaron Sangsnit.
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.