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BUSINESS

Pichai: US rate likely to be revealed by Saturday

Business, Wichit Chantanusornsiri, Published on 30/07/2025

» US tariffs on Thailand are expected to be announced on Aug 1 or 2, with the rate unlikely to remain at 36%, says Finance Minister Pichai Chunhavajira.

BUSINESS

Revenue collection may not reach goal

Business, Wichit Chantanusornsiri, Published on 15/07/2025

» The government's revenue collection for fiscal 2025 may fall short of its target due to the impact of the economic slowdown, says finance permanent secretary Lavaron Sangsnit.

BUSINESS

Loan sought for BAAC to offer financing

Business, Wichit Chantanusornsiri, Published on 27/01/2025

» The government is seeking a loan from the Asian Development Bank (ADB) for the Bank for Agriculture and Agricultural Cooperatives (BAAC) to re-lend to other state financial institutions, aiming to reduce the interest cost burden for small borrowers.

BUSINESS

Draft financial hub law heads to cabinet

Business, Wichit Chantanusornsiri, Published on 23/01/2025

» The Finance Ministry has completed drafting the financial hub legislation and expects to submit it to the cabinet in early February.

BUSINESS

Healthy enrolment eyed for debt scheme

Business, Wichit Chantanusornsiri, Published on 07/01/2025

» The government expects its "You Fight, We Help" debt relief programme will attract participation from debtors owing up to 300 billion baht, representing around 70% of those eligible to participate.

BUSINESS

Money DD seeks tenfold loan uptick in 2025

Business, Wichit Chantanusornsiri, Published on 02/12/2024

» Money DD Co (Good Money), a new subsidiary of Government Savings Bank (GSB) that offers online loans, plans to grow its lending by 10 times in 2025 year-on-year.

BUSINESS

Good Money to help GSB deliver on its social pledge

Business, Wichit Chantanusornsiri, Published on 06/11/2024

» Government Savings Bank (GSB) is venturing into the personal and small business loan market through an online platform, leveraging alternative data and technology-driven solutions, with a goal of reaching 500,000 customers over the next four years.

BUSINESS

Micro enterprises top credit guarantee clients

Business, Wichit Chantanusornsiri, Published on 17/10/2024

» Micro enterprises made up 91% of Thai Credit Guarantee Corporation's (TCG) credit guarantee clients, each receiving a guarantee of less than 100,000 baht per case.

BUSINESS

Finance Minister calls for tax system rejig

Business, Wichit Chantanusornsiri, Published on 10/09/2024

» Thailand needs to integrate its entire tax system, as the country's current personal and corporate income tax rates remain higher than the international standards, according to Finance Minister Pichai Chunhavajira.

BUSINESS

Small firms feel the pinch amid an array of challenges

Business, Wichit Chantanusornsiri, Published on 31/08/2024

» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.