Showing 21 - 30 of 41
Extra revenues could help limit fuel price rises
News, Wichit Chantanusornsiri, Published on 03/07/2022
» Chiang Mai: Any surpluses in the country's revenues could be spent to fund the kingdom's diesel subsidy initiative and keep fuel prices down, according to Finance Minister Arkhom Termpittayapaisith.
Oil Fuel Fund asks for liquidity boost
Business, Wichit Chantanusornsiri, Published on 28/05/2022
» The Oil Fuel Fund Office is asking the government to inject money into the fund from its central budget to increase its liquidity as it continues to subsidise the price of diesel, says office director Wisak Watanasap.
GSB ready to assist THAI, Oil Fuel Fund
Business, Wichit Chantanusornsiri, Published on 24/05/2022
» The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied.
Oil Fuel Fund seeks loan of B40bn
Business, Wichit Chantanusornsiri, Published on 23/05/2022
» The Oil Fuel Fund has enough credibility for financial institutions to extend it loans to boost liquidity, enabling it to subsidise the domestic oil price, says deputy permanent finance secretary Theeraj Athanavanich.
Oil Fuel Fund set to borrow billions
Business, Wichit Chantanusornsiri, Published on 10/05/2022
» The Oil Fuel Fund is expected to finish negotiations with banks this month as it looks to borrow heavily to boost its liquidity, says the Finance Ministry's deputy permanent secretary Theeraj Athanavanich.
GIF seeking loan to handle claims
Business, Wichit Chantanusornsiri, Published on 05/04/2022
» The General Insurance Fund (GIF) is seeking a loan from Government Savings Bank in order to pay Covid-19 claims to policyholders of shuttered non-life insurance companies, says a source at the Finance Ministry who requested anonymity.
GSB puts off bad loan lawsuits for 4 months
Business, Wichit Chantanusornsiri, Published on 16/02/2022
» Government Savings Bank (GSB) has delayed its plan to file lawsuits against customers with non-performing loans (NPLs) for four months, giving them more time to seek ways to address the problem, says bank president Vitai Ratanakorn.
Rules for levy on crypto profits imminent
Business, Wichit Chantanusornsiri, Published on 11/01/2022
» Clear criteria for calculating withholding taxes on profits from cryptocurrency and digital asset trading is expected to be issued this month, said Ekniti Nitithanprapas, director general of the Revenue Department.
Methods sought to ease airlines' liquidity crunch
Business, Wichit Chantanusornsiri, Published on 17/09/2021
» Finance Minister Arkhom Termpittayapaisith has instructed the Fiscal Policy Office and the Bank of Thailand to jointly seek ways to relax some of the criteria for state banks to lend to domestic airlines to improve their liquidity.
Talks to broach cigarette tax
Business, Wichit Chantanusornsiri, Published on 25/08/2021
» Deputy Finance Minister Santi Prompat says he will discuss with Finance Minister Arkhom Termpittayapaisith the new excise tax structure for cigarettes, which is under review, before proposing it for the cabinet's consideration next month.