Showing 1 - 10 of 46
Thai Airways to get B12bn injection ahead of relisting
Business, Wichit Chantanusornsiri, Published on 24/05/2024
» The Finance Ministry plans to inject an additional 12 billion baht into Thai Airways International (THAI) Plc by October this year, hoping the national carrier can be relisted on the stock exchange by the middle of 2025 at the latest.
Government Pension Fund expects to shift focus to gold, oil to mitigate risk
Business, Wichit Chantanusornsiri, Published on 24/04/2024
» The Government Pension Fund (GPF) is reducing investments in assets that may be affected by war and increasing investments in gold and oil to mitigate risk.
Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
Revenue falls short of collection target
Business, Wichit Chantanusornsiri, Published on 12/03/2024
» The government's revenue collection in the first four months of fiscal year 2024 has fallen short of the target, attributed to a significant decrease in oil taxes.
IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
Thai Credit Guarantee Corporation sets B115.6bn loan guarantee target
Business, Wichit Chantanusornsiri, Published on 15/02/2024
» Thai Credit Guarantee Corporation (TCG) has set a loan guarantee target of 115.6 billion baht for this year, up from 95 billion last year, while aiming to reduce the non-performing credit guarantees (NPGs) of 12,000 small and medium-sized enterprises (SMEs), says general manager Sittikorn Direksoonthorn.
Official predicts Thai Airways can relist on the SET in 2025
Business, Wichit Chantanusornsiri, Published on 05/02/2024
» The State Enterprise Policy Office (Sepo) expects Thai Airways International Plc (THAI) to relist on the Stock Exchange of Thailand next year, says Tibordee Wattanakul, director-general of Sepo.
Capital market leader for escrow transactions
Business, Wichit Chantanusornsiri, Published on 02/09/2023
» Fiscal Policy Office (FPO) data reveals for the 15-year period the country has had escrow legislation, escrow service transactions tallied 867 billion baht, mainly attributed to capital market transactions, according to an FPO source who requested anonymity.
NESDC downgrades Thai growth for 2023
Business, Wichit Chantanusornsiri, Published on 22/08/2023
» The National Economic and Social Development Council (NESDC) has revised its forecast for this year’s economic growth to 2.5-3%, down from the previous forecast of 2.7-3.7% due to the impact of the global economic slowdown, says secretary-general Danucha Pichayanan.
Loan guarantees spike in first half
Business, Wichit Chantanusornsiri, Published on 21/07/2023
» The state-owned Thai Credit Guarantee Corporation (TCG) yesterday announced its performance during the first six months of this year, with the agency guaranteeing loans for small and medium-sized enterprises (SMEs) worth 67.9 billion baht, representing 72% of its annual target.