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Search Result for “fail”

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GENERAL

Small firms feel the pinch amid an array of challenges

Business, Wichit Chantanusornsiri, Published on 31/08/2024

» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.

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GENERAL

Tax refunds delayed by surge in fake submissions

Business, Wichit Chantanusornsiri, Published on 27/05/2024

» The delay in personal income tax refunds this year is partly related to stricter document verification, as more fake documents were submitted to claim refunds, according to the Revenue Department.

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GENERAL

Ministry preps steps to mitigate new standards

Business, Wichit Chantanusornsiri, Published on 02/08/2023

» The Ministry of Finance is preparing to look for ways to help state-owned financial institutions which may be affected by the adoption of new financial reporting standards that are set to take effect in 2025, says permanent secretary Krisada Chinavicharana.

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BUSINESS

SME D Bank loans set to reach B70bn

Business, Wichit Chantanusornsiri, Published on 12/07/2023

» Most loans being issued by the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) are to increase liquidity, with only a few for investment as entrepreneurs are still concerned about the unclear political situation, according to president Nartnaree Rathapat.

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BUSINESS

Exim Bank eyes green loans

Business, Wichit Chantanusornsiri, Published on 19/06/2023

» Export-Import (Exim) Bank of Thailand plans to expand its green loans to 50% of its total outstanding loan book within four years, in line with global environmental goals, says president Rak Vorrakitpokatorn.

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BUSINESS

Infrastructure outlays to underpin growth

Business, Wichit Chantanusornsiri, Published on 16/01/2023

» The government aims to accelerate state investment this year to provide a tailwind to propel economic growth momentum.

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BUSINESS

State disburses 74% of investment budget

Business, Wichit Chantanusornsiri, Published on 26/12/2022

» Disbursement of the state investment budget in fiscal 2022 tallied 74% of the total investment budget of 611 billion baht, the highest level over the past five fiscal years, says Kulaya Tantitemit, director-general of the Comptroller-General Department.

BUSINESS

Kiatnakin economist sees bleak scenarios for 2023

Business, Wichit Chantanusornsiri, Published on 10/11/2022

» Global economic volatility next year will affect the Thai economy, especially for small and medium-sized enterprises (SMEs) that have yet to recover from the impact of the pandemic, says Supavud Saicheua, adviser to Kiatnakin Phatra Financial Group.

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BUSINESS

Latest co-payment phase gains positive response

Business, Wichit Chantanusornsiri, Published on 20/08/2022

» Phase 5 of the co-payment scheme, which opened for the first day of registration on Friday, saw an overwhelming response from the public, said Pornchai Thiraveja, director-general of the Fiscal Policy Office.

BUSINESS

PDMO preps B21bn bonds

Business, Wichit Chantanusornsiri, Published on 12/08/2022

» The Public Debt Management Office (PDMO) will offer the final batch of government savings bonds worth 21 billion baht later this month, of which 20 billion baht's worth will be offered on a "small lot first" basis to provide an opportunity to as many individual investors as possible to snap up the bonds, said director-general Patricia Mongkhonvanit.