Showing 1 - 9 of 9
Flat-rate interest for leasing on the way out
Wichit Chantanusornsiri, Published on 20/08/2025
» The use of flat-rate interest calculation in the vehicle leasing business should be scrapped in the interest of fairness to borrowers, according to a government committee tasked with addressing household debt.
Pichai backs Kittiratt for post
Business, Wichit Chantanusornsiri, Published on 03/12/2024
» Finance Minister Pichai Chunhavajira says he believes Kittiratt Na-Ranong, a candidate for the new chairman of the Bank of Thailand, should still be eligible for the role despite having previously served as an advisor to the prime minister.
Cash transfers reach 14m Thais
Business, Wichit Chantanusornsiri, Published on 02/10/2024
» The Finance Ministry has deemed the first round of the cash handout scheme as successful at stimulating the economy, as more than 14 million people received transfers.
GIF rejigs borrowing rules for major liquidity boost
Business, Wichit Chantanusornsiri, Published on 19/05/2022
» The General Insurance Fund (GIF) has revised regulations to allow it to borrow more to increase liquidity in case the Office of the Insurance Commission (OIC) shuts down more insurance companies in the future, says permanent finance secretary Krisada Chinavicharana.
Ministry eager to soothe oil misery
Business, Wichit Chantanusornsiri, Published on 12/02/2022
» The Finance Ministry is considering using the remaining funds from the 500 billion baht in borrowing under the second emergency loan decree to ease the impact of high oil prices on the cost of living, says Finance Minister Arkhom Termpittayapaisith.
State 'not obliged to save THAI'
News, Wichit Chantanusornsiri, Published on 17/05/2021
» There is no commitment to a state bailout in Thai Airways International Plc's (THAI) debt rehabilitation plan, according to a source close to people conducting the process.
Creditors vote Wednesday on THAI rehab plan
News, Wichit Chantanusornsiri, Published on 12/05/2021
» If Thai Airways International Plc (THAI) were to go under on decision day, which is Wednesday, creditors would only be paid 12.9% of what is owed to them, a source at the airline warned.
Shaving shipping risk
Business, Wichit Chantanusornsiri, Published on 15/03/2021
» The pandemic is a once-in-a-century crisis that will leave scars in the form of persistent economic damage, and some insurance companies see the risks as a ticking time bomb.
Departments trade data
Business, Wichit Chantanusornsiri, Published on 20/03/2019
» The Revenue Department has linked its information with the Legal Execution Department to better chase down the tax liabilities of people who went bankrupt.