Showing 1 - 10 of 12
Foreign loan options to be kept in place
Business, Wichit Chantanusornsiri, Published on 12/02/2026
» The government is refusing to rule out overseas borrowing in order to preserve funding channels in case liquidity needs arise.
Scrutinising the need for overseas bonds
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.
Crypto trading becomes VAT-free in race for digital
Business, Wichit Chantanusornsiri, Published on 07/02/2024
» The Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading to push Thailand towards becoming a digital asset hub.
Amendment to see overseas income taxed
Business, Wichit Chantanusornsiri, Published on 26/09/2023
» The Revenue Department recently amended its notification regarding taxation on specified foreign-sourced income by stipulating that local residents who earn overseas income will be subject to personal income tax (PIT), according to Paragraph 2 of Section 41 of the Revenue Code.
Overseas earnings targeted
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» The Revenue Department has ruled that a person who resides in Thailand for up to 180 days a year and earns overseas income from work or assets will be subject to personal income tax, according to Section 48 of the Revenue Code.
GH Bank, GSB cut rates
Business, Wichit Chantanusornsiri, Published on 16/08/2019
» GH Bank and Government Savings Bank (GSB) have jumped on the rate-cutting bandwagon, slashing their prime rates by 12.5-13 basis points, effective from Aug 16.
PDMO: Fund inflow means cheap costs
Business, Wichit Chantanusornsiri, Published on 03/07/2019
» The offshore capital influx will rev up government bond demand and help the state tap into low funding costs, says a senior official in the Public Debt Management Office (PDMO).
Public Debt Management Office eyes foreign loan reservoir
Business, Wichit Chantanusornsiri, Published on 12/10/2018
» Finance Minister Apisak Tantivorawong has delegated the Public Debt Management Office (PDMO) to explore overseas borrowing sources in preparation for an impending local rate hike.
Apisak lukewarm on rate hike
Business, Wichit Chantanusornsiri, Published on 21/09/2018
» A policy rate hike would not address low inflation and would in fact worsen the debt-servicing ability of small-business operators and strengthen the baht, says Finance Minister Apisak Tantivorawong.
Apisak backs rate leeway
Business, Wichit Chantanusornsiri, Published on 19/06/2018
» The Bank of Thailand's rate-setting panel does not need to follow in the footsteps of the US Federal Reserve by raising its policy rate, while the exodus of foreign investors is not worrisome, says Finance Minister Apisak Tantivorawong.