Showing 1 - 7 of 7
Deposit insurance money to pay off 1997 crisis debt
Jon Fernquest, Published on 16/02/2012
» Deposit insurance contributions to fall from 28 billion to 700 million baht per year to pay off FIDF 1997 crisis debt. Deposit protection falling from 50 to 1 million baht by August.
New tax on bank deposits
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.
Hunt for cash: Post-flood govt borrowing
Jon Fernquest, Published on 24/01/2012
» With flood recovery looming & tax reductions galore (corporate, first car, first home...) govt frantically searching for ways to pay for it all.
Eternal youth for 100 year old bank
Jon Fernquest, Published on 12/09/2011
» 100 years old, the Government Savings Bank is becoming young again, helping rural communities, with only 1.1% non-performing loans,
High risk, high return for state assets?
Jon Fernquest, Published on 06/09/2011
» Sovereign Wealth Fund limit, $10 billion from $190 bil in reserves best. Main reserves function is to manage exchange rate, keep baht, exports stable & competitive.
Inflation policy changing?
Jon Fernquest, Published on 07/07/2011
» Long-term central bank inflation policy ensures that people's purchasing power is not eroded and exports remain competitive.
How industries gain and lose in the short-run with rising Thai baht
Jon Fernquest, Published on 18/10/2010
» Like a gigantic tsunami wave crossing the Pacific Ocean, US dollar depreciation is causing currency appreciation in Asian currencies. A major global currency realignment is underway.