Showing 1 - 10 of 13
Cash handouts fuel ATM withdrawals
Business, Wichit Chantanusornsiri, Published on 30/01/2025
» The 10,000-baht cash handout for the elderly has stimulated spending, with withdrawals from Bank for Agriculture and Agricultural Cooperatives (BAAC) ATMs surging 13.3 times on the first day of transfers.
Thai credit rating set to remain unchanged
Business, Wichit Chantanusornsiri, Published on 23/12/2024
» Moody's is likely to maintain Thailand's sovereign credit rating after two other rating agencies -- Standard & Poor's (S&P) and Fitch Ratings -- maintained the rating with a stable outlook, according to the Public Debt Management Office (PDMO).
More property stimulus could be on the way
Business, Wichit Chantanusornsiri, Published on 12/10/2024
» The stimulus committee is scheduled to meet later this month to discuss more measures, including those for the real estate sector, says Deputy Finance Minister Paopoom Rojanasakul.
Funding in place for 2nd phase of digital handout
Business, Wichit Chantanusornsiri, Published on 01/10/2024
» Deputy Finance Minister Paopoom Rojanasakul has confirmed that the government has sufficient funding for the second phase of the digital wallet scheme, with a budget of 180 billion baht having already been allocated.
BAAC boasts uptick in app usage
Business, Wichit Chantanusornsiri, Published on 06/09/2021
» The number of active users on the Bank for Agriculture and Agricultural Cooperatives' (BAAC) mobile app has soared to 50% of its total 2.73 million userbase, says president Tanaratt Ngamvalairatt.
GSB sets higher bar for 2020 lending
Business, Wichit Chantanusornsiri, Published on 16/01/2020
» State-owned Government Savings Bank (GSB) aims to extend loans worth 550 billion baht and raise the customer base to cover 41% of the country's population this year.
Customs eager to extend pre-arrival processing
Business, Wichit Chantanusornsiri, Published on 28/08/2019
» The Customs Department intends to extend Pre-Arrival Processing (PAP) service, which transmits customs declarations and import documents to customs authorities electronically before the goods arrive in the destination country for cross-border land transport.
Betting on paperless customs
Business, Wichit Chantanusornsiri, Published on 09/03/2019
» The Customs Department hopes that Thailand will rise in the World Bank's Ease of Doing Business rankings after the launch of Pre-Arrival Processing (PAP) e-bill payment and e-customs clearance.
Ministry seeks help from 1m rich elderly
Business, Wichit Chantanusornsiri, Published on 31/01/2019
» The Finance Ministry wants 1 million wealthy elderly people to forgo their old-age living allowances so that the minimum monthly allowance for the needy can be raised to 800 baht from 600 baht.
New tax law prompts suspicions of snooping
News, Wichit Chantanusornsiri, Published on 05/12/2018
» The National Legislative Assembly (NLA) has passed a bill meant to ensure more effective tax collection, especially from e-commerce businesses.