Showing 1 - 10 of 487
Calm approach on tax reforms urged
Business, Wichit Chantanusornsiri, Published on 17/07/2023
» The Finance Ministry's permanent secretary Krisada Chinavicharana is warning the new government that tax reforms to increase revenue must not cause a shock to the economy.
FPO requests debt restructuring
Business, Wichit Chantanusornsiri, Published on 29/06/2023
» The Fiscal Policy Office (FPO) is calling on state financial institutions and commercial banks to implement debt restructuring measures to reduce the debt repayment burden rather than extending the repayment period, says director-general Pornchai Thiraveja.
BoT cracks down on lending
Business, Wichit Chantanusornsiri, Published on 20/06/2023
» The Bank of Thailand plans to implement new lending guidelines to prevent over-indebtedness of household borrowers, says Siritida Panomwon Na Ayudhya, assistant governor of payment systems policy and financial consumer protection group.
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.
State banks raise deposit, loan rates after BoT hike
Business, Wichit Chantanusornsiri, Published on 08/06/2023
» State banks are increasing their interest rates following the Bank of Thailand's policy rate hike.
Ministry estimates B2tn available for party pledges
Business, Wichit Chantanusornsiri, Published on 15/05/2023
» The new government will have room to spend at least 2 trillion baht to fulfil its populist campaign pledges, according to a Finance Ministry source who requested anonymity.
State banks increase interest rates to attract depositors
Business, Wichit Chantanusornsiri, Published on 12/05/2023
» State banks are rushing to provide higher deposit rates to customers, including one scheme that offers up to 17%.
Government bonds worth B40bn readied
Business, Wichit Chantanusornsiri, Published on 27/04/2023
» The Public Debt Management Office (PDMO) plans to offer government savings bonds worth 40 billion baht next month, according to deputy director-general Jindarat Viriyataveekul.
Baht all safe and sound
Business, Wichit Chantanusornsiri, Published on 24/04/2023
» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.
GSB unit to offer service nationwide
Business, Wichit Chantanusornsiri, Published on 07/04/2023
» Mee Tee Mee Ngern, a Government Savings Bank (GSB) subsidiary, plans to offer its land collateral loan service nationwide in June this year, expanding from the 10 major provinces in which it operates at present, says chief executive Isara Wongrung.