Showing 1 - 10 of 26
Govt banks: Rice funding costs rise as risk rises
Jon Fernquest, Published on 07/03/2013
» As govt becomes sole buyer of rice in country & govt rice stocks rise with few sales, govt bank borrowing costs grow.
Exporters to Bank of Thailand: Stop the rising baht
Jon Fernquest, Published on 05/02/2013
» Baht 29.75 against US dollar means more dollars for baht, more valuable baht, more expensive & less competitive Thai exports.
5 million in gold & trail of bad checks
Jon Fernquest, Published on 03/10/2012
» Lax bank rules on cheques provided opportunity to steal 5 million baht in gold. Wanted for 10 other crimes too.
Thaksin's Dubai lawyer jailed
Jon Fernquest, Published on 16/07/2012
» 3 billion of 10.3 billion baht from sale of Manchester City disappeared. Dubai Lawyer found responsible & jailed.
Country says goodbye to princess
Terry Fredrickson, Published on 09/04/2012
» The funeral proceedings to bid farewell to HRH Princess Bejaratana Rajasuda have begun with thousands taking part.
Court: Financial decrees constitutional
Jon Fernquest, Published on 23/02/2012
» Constitution Court rules decrees transfering 1997 Crisis Debt to central bank & authorising 350 billion baht in loans for flood recovery are ok.
New tax on bank deposits
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.
Thailand's 1997 debt: Ghost of 15 years past
Jon Fernquest, Published on 27/01/2012
» Economist Tientip Subhanij provides background on Thailand's lingering 1997 crisis debt, not thought about much until recently.
Govt vs. Bank of Thailand
Jon Fernquest, Published on 25/01/2012
» Politicians dump 1997 crisis debt on banking sector with tax on bank deposits (govt banks exempt) law made in cabinet, not parliament.
Hunt for cash: Post-flood govt borrowing
Jon Fernquest, Published on 24/01/2012
» With flood recovery looming & tax reductions galore (corporate, first car, first home...) govt frantically searching for ways to pay for it all.