Showing 1 - 10 of 12
Analyst urges narrower interest rate spread
Business, Wichit Chantanusornsiri, Published on 29/09/2025
» The new governor of the Bank of Thailand is being urged to prioritise narrowing the spread between lending and deposit interest rates, which is the highest in Southeast Asia, while also managing the baht to align with regional currencies.
BoT cracks down on lending
Business, Wichit Chantanusornsiri, Published on 20/06/2023
» The Bank of Thailand plans to implement new lending guidelines to prevent over-indebtedness of household borrowers, says Siritida Panomwon Na Ayudhya, assistant governor of payment systems policy and financial consumer protection group.
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.
Thai Airways loses state enterprise status after stake sell-off
News, Wichit Chantanusornsiri, Published on 23/05/2020
» Debt-ridden Thai Airways International (THAI) has lost its state enterprise status after the Vayupak 1 Fund bought a 3.17% stake from the Finance Ministry on Friday, a source at the fund said.
Finance Ministry approves IFRS 9 delay for SFIs
Business, Wichit Chantanusornsiri, Published on 07/03/2019
» The Finance Ministry is letting specialised financial institutions (SFIs) put off adopting International Financial Reporting Standard 9 (IFRS 9) for an additional five years from 2020.
Smokers' shift to hike tax on loose tobacco
Business, Wichit Chantanusornsiri, Published on 08/11/2018
» The Excise Department is going to raise the tobacco tax after dozens of smokers have switched to hand-rolled cigarettes, prices for which are far cheaper than factory-made cigarettes following enforcement of a new excise tax structure last year.
E-commerce bill gets second hearing
Business, Wichit Chantanusornsiri, Published on 06/09/2018
» A draft bill to supervise e-commerce transaction reports is undergoing a second public hearing after the Council of State concluded the vetting process, says a source at the Revenue Department.
Non-bank bill set for cabinet
Business, Wichit Chantanusornsiri, Published on 03/08/2018
» The Finance Ministry looks set to propose a draft bill on supervision of non-bank financial institutions to the cabinet, a measure meant to provide financial consumer protection, says a source familiar with the matter.
Tax relief for digital assets a non-starter
Business, Wichit Chantanusornsiri, Published on 25/04/2018
» The Revenue Department has rebuffed a request by digital asset operators to scrap a tax-collecting agency's plan to impose a 15% withholding tax on capital gains and returns from putting money into such assets.
ICOs get 30 extra days to inform SEC
Business, Wichit Chantanusornsiri, Published on 29/03/2018
» A draft version of a royal decree regulating transactions related to digital assets will grant issuers of initial coin offerings (ICOs) 90 days to inform the Securities and Exchange Commission (SEC) of their plans before the law takes effect.