Showing 1 - 10 of 1,294
Chinese tech firms handed massive fines
Published on 07/07/2023
» BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.
Heng to maintain rates through 2024
Business, Somruedi Banchongduang, Published on 06/07/2023
» Heng Leasing and Capital Plc expects to maintain its maximum interest rate through next year even as the central bank raises rates because of the company's loan portfolio adjustment.
Analysts downgrade target for Thai bourse
Business, Nuntawun Polkuamdee, Published on 05/07/2023
» The Investment Analysts Association (IAA) has revised down its estimate for the Stock Exchange of Thailand (SET) index this year to 1,630 points from 1,707, indicating domestic politics, interest rates and geopolitics are still factors to monitor in the third quarter.
Businesses urged to use digital tax system
Business, Wichit Chantanusornsiri, Published on 04/07/2023
» The Revenue Department is encouraging entrepreneurs to use the digital tax system, which will make value-added tax (VAT) refunds five times faster than they currently are, says the director-general Lavaron Sangsnit.
Workforce hopes and fears
Business, Published on 01/07/2023
» Some 39% of workers in Asia-Pacific believe their organisation will not survive more than 10 years if it continues on its current course, the "2023 Hopes and Fears Global Workforce Survey" conducted by PwC reveals.
FPO requests debt restructuring
Business, Wichit Chantanusornsiri, Published on 29/06/2023
» The Fiscal Policy Office (FPO) is calling on state financial institutions and commercial banks to implement debt restructuring measures to reduce the debt repayment burden rather than extending the repayment period, says director-general Pornchai Thiraveja.
Fitch Ratings registers interest in virtual banks
Business, Published on 29/06/2023
» Fitch Ratings believes there is significant interest and momentum in Thailand's virtual bank application process, even though the timeline has been extended.
How Thailand's welfare state could change
Business, Wichit Chantanusornsiri, Published on 28/06/2023
» For the past few decades, many countries have been working towards providing "healthcare for all", including equity in access to healthcare and healthcare financing.
Fiscal fundamentals remain 'solid'
Business, Published on 28/06/2023
» Thailand's financial and treasury fiscal fundamentals remained solid in the first eight months of fiscal 2023, with revenue collection exceeding the government's target by up to 122 billion baht.
Government outperforms revenue goals
Business, Wichit Chantanusornsiri, Published on 27/06/2023
» Government revenue for the first eight months of fiscal 2023 exceeded its target by 122 billion baht as a result of economic recovery and active imports, says Fiscal Policy Office director-general Pornchai Thiraveja.