Showing 11 - 20 of 29
Minimal harm to GDP seen from trade tiff
Business, Wichit Chantanusornsiri, Published on 13/08/2018
» The tit-for-tat trade dispute between the US and China is forecast to have a net negative effect on Thai economic growth of a mere 0.03 percentage points, says a source at the Finance Ministry with knowledge of the Fiscal Policy Office's estimates.
Amended bill targeted to snub out conflicts of interest
Business, Wichit Chantanusornsiri, Published on 01/03/2018
» The amended draft bill on the Securities and Exchange Act will empower the Securities and Exchange Commission (SEC) board of directors to formulate a mechanism to govern investment of fund management companies, lessening their investment in products related to their parent firms.
Director oversight plan foiled
Business, Wichit Chantanusornsiri, Published on 08/08/2017
» A plan to empower the Securities and Exchange Commission (SEC) to sack listed-company directors who cause damage and fail to comply with their fiduciary duties has been derailed by opposition voiced at a public hearing.
NFC chairman calls for farming reform
Business, Wichit Chantanusornsiri, Published on 14/11/2016
» Prapat Panyachatraksa, chairman of the National Farmers Council, is urging the Agriculture and Cooperatives Ministry to reform the agriculture sector and move towards integrated farming to help alleviate poverty among farmers.
FPO urges financial safety net
Business, Wichit Chantanusornsiri, Published on 01/08/2016
» The Fiscal Policy Office (FPO) will propose that Finance Minister Apisak Tantivorawong reinstate the power of the Financial Institutions Development Fund (FIDF) to bail out failing financial institutions in a bid to avert future financial meltdowns.
40 firms must pay B2-3bn after incorrect tax advice
Business, Wichit Chantanusornsiri, Published on 07/07/2016
» The Revenue Department wants 40 companies that won Board of Investment (BoI) tax privileges to pay an additional 2-3 billion baht in corporate income tax.
Panel tasked with plan to attract funds
Business, Wichit Chantanusornsiri, Published on 26/11/2015
» The Finance Ministry has set up a committee to push forward an ambitious plan to develop the Thai capital market as the centre of fund mobilisation in the immediate region, says permanent secretary Somchai Sujjapongse.
JCR gives Thailand stable rating
Business, Wichit Chantanusornsiri, Published on 08/04/2015
» The Japan Credit Rating Agency (JCR) has revised Thailand's outlook for its foreign and local currency long-term issuer rating to stable from negative to reflect a solid fiscal position and external balance and the stability of its banking system.
Two-year budget plan backup
Business, Wichit Chantanusornsiri, Published on 10/05/2014
» The Budget Bureau plans to prepare a two-year budget framework for the first time in 55 years of state budgeting as a backup plan in case the political impasse drags on beyond July, its chief says.
Credit discomfort
Business, Wichit Chantanusornsiri, Published on 16/04/2014
» A downgrade of Thailand’s credit rating outlook to negative from stable by major rating agencies including Moody’s Investors Service and Standard & Poor’s (S&P) is likely if political uncertainty fails to end before their mid-year review, but the nation’s sovereign credit rating is expected to be unscathed.