Showing 1 - 10 of 26
Luring foreigners to real estate
Business, Wichit Chantanusornsiri, Published on 16/11/2024
» Finance Minister Pichai Chunhavajira is looking at several options to stimulate the country's economy, with a focus on attracting more foreign investors.
Legal rejig needed for foreign land leases
Wichit Chantanusornsiri, Published on 30/09/2024
» The idea of allowing foreigners to lease land in Thailand for up to 99 years, with the land transferred from private ownership to state property, may require amendments to the state property law, says finance permanent secretary Lavaron Sangsnit.
GSB keen to alter business activities
Business, Wichit Chantanusornsiri, Published on 22/11/2023
» Government Savings Bank (GSB) is transforming its business model for sustainable development by combining social concerns and business activities, aiming to achieve a net profit of 33 billion baht, says president Vitai Ratanakorn.
Another payment stream for retirees
Business, Wichit Chantanusornsiri, Published on 30/10/2023
» The global population has increased rapidly in the last 30 years, while two-thirds of people older than age 60 are in developing countries, especially in Asia.
GSB uses ESG scores for loans to large firms
Business, Wichit Chantanusornsiri, Published on 24/07/2023
» The Government Savings Bank (GSB) has started to use environmental, social and governance (ESG) scoring in the process of considering loans to large businesses with a credit limit of 500 million baht or more, said president and chief executive Vitai Ratanakorn.
GSB set to launch digital loans in effort to lower rates
Business, Wichit Chantanusornsiri, Published on 04/04/2023
» Government Savings Bank (GSB) is set to launch a non-bank business to offer digital personal loans and digital nano-finance services in the third quarter of this year, with a view to pushing down interest rates in the market for both services by 5%, said president Vitai Ratanakorn.
Arkhom targets balanced budget with tax reforms
Business, Wichit Chantanusornsiri, Published on 25/01/2023
» The Finance Ministry aims to achieve a balanced budget in a decade by improving its tax collection efficiency and expanding the tax base, says Minister Arkhom Termpittayapaisith.
State mulls higher NSF contributions
Business, Wichit Chantanusornsiri, Published on 29/09/2022
» The Finance Ministry is considering a higher government contribution to the National Savings Fund (NSF) in order to increase retirees' income, says Arkhom Termpittayapaisith.
GSB auto loan venture poised to lend B20bn
Business, Wichit Chantanusornsiri, Published on 23/04/2022
» The motorcycle and car title loan joint venture of Government Savings Bank (GSB) expects to lend around 20 billion baht this year, up 25% from last year, says bank president Vitai Ratanakorn.
Banking on technology
Business, Wichit Chantanusornsiri, Published on 01/11/2021
» State agencies and state-run banks have been harnessing technology to enhance their performance, ranging from analysing suspicious tax evasion cases to facilitating bank customers conducting a live chat to request a loan.