Showing 1 - 10 of 18
B150 billion available for ‘quick-win’ stimulus
Wichit Chantanusornsiri, Published on 17/09/2025
» The new Thai government has financial ammunition of roughly 150 billion baht to carry out its “quick-win” stimulus projects, according to a Ministry of Finance official who requested anonymity.
Ministry embracing data-driven approach to policymaking
Business, Wichit Chantanusornsiri, Published on 17/07/2024
» The Finance Ministry wants to upgrade its fiscal policymaking by adopting a data-driven approach.
Small and Medium Enterprise Development Bank of Thailand predicts 28% loan growth
Business, Wichit Chantanusornsiri, Published on 10/02/2024
» The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) set a loan target of 90 billion baht this year, up by 28% from 2023, while non-performing loans (NPLs) tallied only 8%, the lowest in 22 years, says president Nartnaree Rathapat.
BAAC upgrades app in bid to become a digital entity
Business, Wichit Chantanusornsiri, Published on 02/11/2022
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has upgraded its A-Mobile banking app's capacities and renamed it A-Mobile Plus to facilitate rising numbers of customers and transactions.
Coins in circulation poised to decline by up to 40%
Business, Wichit Chantanusornsiri, Published on 15/09/2020
» The amount of coins in circulation is expected to decline by 30-40% in five years because of the increase in cashless transactions, says the Treasury Department.
E-payment tax to take effect in 2020
Business, Wichit Chantanusornsiri, Published on 08/12/2018
» The e-payment law, a tool for the Revenue Department to tax the income of non-salaried earners, particularly online vendors, will go into force from Jan 1, 2020.
PromptPay raises fee-waiver ceiling
Business, Wichit Chantanusornsiri, Published on 28/08/2018
» The National e-Payment Committee will substantially raise Promptpay's fee-waiver ceiling for money transfers of up to 700,000 baht in the next two months, before raising the cap further to 2 million baht to encourage the use of the national e-Payment scheme.
PromptPay transfer ceiling jumps to B2m from B5,000
Wichit Chantanusornsiri, Published on 27/08/2018
» The National e-Payment Committee will gradually increase the ceiling of free money transfers through PromptPay to 2 million baht from 5,000 baht in the future, Finance Minister Apisak Tantivorawong said on Monday.
Ministry stretching PromptPay borders
Business, Wichit Chantanusornsiri, Published on 12/07/2018
» The Finance Ministry is pushing electronic payment systems into Cambodia, Laos, Myanmar and Vietnam to help Thai financial institutions access customers in these countries without opening physical branches there.
VAT return scheme for poor shaping up
Business, Wichit Chantanusornsiri, Published on 12/07/2018
» The planned repayment of value-added tax (VAT) to government welfare smartcard holders is expected to take shape by the end of this year, a move meant to improve their purchasing power.