Showing 1 - 9 of 9
SME Bank caught lying
Jon Fernquest, Published on 24/02/2012
» Bad loans are 25% of loans not 15% as reported bank examiners discover. 8 billion of bank's 25 billion in loans suspect.
Court: Financial decrees constitutional
Jon Fernquest, Published on 23/02/2012
» Constitution Court rules decrees transfering 1997 Crisis Debt to central bank & authorising 350 billion baht in loans for flood recovery are ok.
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.
Central bank: New revenue hunt
Jon Fernquest, Published on 15/02/2012
» 24 years still likely to pay off FIDF 1997 crisis debt recently shifted to Bank of Thailand in possibly unconstitutional bypassing of parliament by executive decree.
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.
Govt vs. Bank of Thailand
Jon Fernquest, Published on 25/01/2012
» Politicians dump 1997 crisis debt on banking sector with tax on bank deposits (govt banks exempt) law made in cabinet, not parliament.
Well-known Forest monk passes away
Terry Fredrickson, Published on 31/01/2011
» Luangta Maha Bua Yannasampanno, one of Thailand's most famous monks, passed away yesterday at the age of 98.
Digging out from under Thailand's 1997 Crisis debt
Jon Fernquest, Published on 12/11/2010
» Thailand has long recovered from the 1997 crisis, but the debt, held by the FIDF under the central bank, remains and puts a drag on Thailand's development.
Khunying Potjaman gets her money back
Terry Fredrickson, Published on 08/10/2010
» Khunying Potjaman na Pombejra was never able to develop this land in the Ratchadaphisek area, but she did earn a nice little profit nevertheless.