Showing 1 - 10 of 28
Ministry sets targets for tax reform
Business, Wichit Chantanusornsiri, Published on 05/05/2023
» The Finance Ministry has set four targets for tax reform, aiming to boost revenue to cover expenses and deal with future economic uncertainties, says Fiscal Policy Office director-general Pornchai Thiraveja.
Kiatnakin economist sees bleak scenarios for 2023
Business, Wichit Chantanusornsiri, Published on 10/11/2022
» Global economic volatility next year will affect the Thai economy, especially for small and medium-sized enterprises (SMEs) that have yet to recover from the impact of the pandemic, says Supavud Saicheua, adviser to Kiatnakin Phatra Financial Group.
Institute to provide expertise to farmers
Business, Wichit Chantanusornsiri, Published on 09/06/2022
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) and Thailand Institute of Scientific and Technological Research yesterday signed a memorandum of understanding (MoU) on academic and technology transfer cooperation.
Exim Bank's tools can help SMEs survive, thrive
Business, Wichit Chantanusornsiri, Published on 08/12/2021
» Although many parties share common views on a better economic outlook for Thailand and the world next year, small and medium-sized enterprises (SMEs) might still have no good reason to celebrate, said Rak Vorrakitpokatorn, president of Export-Import Bank of Thailand (Exim Bank).
Use tech to tackle debt, says BoT
Business, Wichit Chantanusornsiri, Published on 14/09/2021
» Digital technology should be used to tackle household debt and make it easier for small and medium-sized enterprises (SMEs) to access loans, said Bank of Thailand governor Sethaput Suthiwartnarueput.
Customs urged to seek solutions for tax waivers
Business, Wichit Chantanusornsiri, Published on 22/03/2021
» The Finance Ministry has ordered the Customs Department to step up its search for ways to reduce the impact of the exemption on import tax and value-added tax (VAT) for imported goods worth up to 1,500 baht, saying such measures are hurting small and medium-sized enterprises (SMEs).
Variety of tactics to prevent SME loans from turning sour
Business, Wichit Chantanusornsiri, Published on 27/10/2020
» Despite being overshadowed by large conglomerates in size and financial stature, small and medium-sized enterprises (SMEs) have long been the backbone of Thailand's economy, helping to fuel the engine of growth for decades.
Bank of Thailand seeks to lure more loan intermediaries
Business, Wichit Chantanusornsiri, Published on 17/08/2020
» The Bank of Thailand is proposing an amendment to the Credit Information Business Act of 2002 to attract business operators to become intermediaries in providing loans.
Somkid rustles up larger SME loans
Business, Wichit Chantanusornsiri, Published on 03/07/2020
» Deputy Prime Minister Somkid Jatusripitak has instructed related parties to set up a new mechanism to enable medium-scale business operators, particularly those in aviation and tourism, to seek a credit line exceeding 500 million baht from the central bank's soft loan scheme to help them maintain employment.
Panel to finalise exchange
Business, Wichit Chantanusornsiri, Published on 27/01/2020
» The new exchange planned as a fundraising venue for small and medium-sized enterprises (SMEs) and startups is expected to take shape at the meeting of a committee tasked to develop Thailand's capital markets on Jan 30.