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BUSINESS

Ministries told to expedite investment outlay

Business, Wichit Chantanusornsiri, Published on 21/09/2024

» The Comptroller-General's Department has set an ambitious disbursement target for investment budgets in fiscal 2025, aiming for 75-80% of the total investment budget.

BUSINESS

Investment spending off target

Wichit Chantanusornsiri, Published on 19/08/2024

» Only 45% of the government's investment budget was disbursed during the first 10 months of fiscal 2024, far short of the 75% target, according to the Finance Ministry.

BUSINESS

GSB, ICBC forge network deal

Business, Wichit Chantanusornsiri, Published on 12/10/2019

» State-owned Government Savings Bank (GSB) has signed a memorandum of understanding on a business alliance with ICBC Thai, aiming to expand its local and Chinese clientele.

BUSINESS

Stimulus package vowed within weeks

Business, Wichit Chantanusornsiri, Published on 20/04/2019

» An economic stimulus package containing seven measures worth a combined 20 billion baht will seek the cabinet's approval in the next two weeks with the aim of preventing the economy from losing momentum and growing below its potential.

BUSINESS

Scant few eligible for VAT return scheme

Business, Wichit Chantanusornsiri, Published on 14/12/2018

» A meagre 360,000 of the 11.4 million recipients of the government's welfare and subsidy scheme for the poor are entitled to value-added tax (VAT) payback in the first month after the tax incentive scheme started last month.

BUSINESS

Welfare VAT scheme falls flat

Business, Wichit Chantanusornsiri, Published on 17/11/2018

» The government's value-added tax (VAT) payback scheme for welfare smart cardholders is getting a lukewarm response, as only a handful of merchants have participated in the programme.

LIFE

GSB platform to pool small shop purchasing

Business, Wichit Chantanusornsiri, Published on 23/10/2018

» State-owned Government Savings Bank (GSB) aims to attract 60,000 small shops and One Tambon One Product companies to participate in its sponsored online-to-offline (O2O) e-commerce platform to raise their bargaining power in purchasing goods from manufacturers.