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BUSINESS

Crackdown targets use of Thai proxies

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» The government is tightening controls on nominees by introducing new measures to prevent foreigners from using Thais as proxies to operate businesses, effective April 1.

BUSINESS

Lack of 'bad bank' hampers debt efforts

Wichit Chantanusornsiri, Published on 24/03/2025

» Former prime minister Thaksin Shinawatra remains a magnet for attention as he shapes government policies.

BUSINESS

Bid to revive confidence after EA fraud claim

Business, Wichit Chantanusornsiri, Published on 17/07/2024

» Following the alleged fraud committed by the former chief executive and chief financial executive of SET-listed Energy Absolute (EA), the Finance Ministry has vowed to take decisive action to rebuild confidence in the Thai capital market.

BUSINESS

Fiscal 2024 budget disbursement expedited

Business, Wichit Chantanusornsiri, Published on 27/02/2024

» The Finance Ministry has issued measures to expedite the disbursement of the fiscal 2024 budget, requiring the contract of new investment projects be signed by July, says Deputy Finance Minister Krisada Chinavicharana.

BUSINESS

New guidelines speed up budget disbursement

Business, Wichit Chantanusornsiri, Published on 27/01/2024

» The Comptroller-General's Department, which controls disbursement of the state budget, has issued guidelines to expedite the disbursement of the fiscal 2024 budget, allowing state agencies to proceed with bidding for investment projects even though the budget has not yet been approved by parliament, says Comptroller-General Patricia Mongkhonvanit.

BUSINESS

New government urged to cut budget deficit

Business, Wichit Chantanusornsiri, Published on 28/07/2023

» The new government should focus on reducing the budget deficit over the long term to build its fiscal credentials, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.

BUSINESS

Fiscal status unfazed by continued tax discount

Business, Wichit Chantanusornsiri, Published on 18/01/2023

» The Finance Ministry is confident the cabinet's decision to extend the diesel excise tax cut by another four months will not affect the country's fiscal status as net revenue collection for fiscal 2023 is expected to exceed the target, says Deputy Finance Minister Santi Promphat.

BUSINESS

BAAC allocates B5bn in loans for fruit exporters

Business, Wichit Chantanusornsiri, Published on 05/05/2022

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has set aside loans worth 5 billion baht for fruit exporters to deal with slowing shipments to some markets, said executive vice-president Pongphun Jongrak.

BUSINESS

GH Bank loans entice middle class

Business, Wichit Chantanusornsiri, Published on 03/04/2021

» State-owned GH Bank is continuing to ramp up its low-interest housing loan campaign with the aim of tapping more middle-income earners after rolling out a low-interest mortgage scheme for low-income earners.

BUSINESS

Thai Airways needs 100bn for upgrade, says chairman

Wichit Chantanusornsiri, Published on 20/09/2018

» Thai Airways International has to pay hefty bills to rejoin the ranks of the world's premium airlines.