Showing 1 - 10 of 11
Virtual bank licensing criteria set
Business, Wichit Chantanusornsiri, Published on 06/03/2024
» The Finance Ministry has announced the criteria to apply for a virtual bank licence, with initial registered capital set at 5 billion baht.
Motion to extend property support measures
Business, Wichit Chantanusornsiri, Published on 12/07/2022
» Finance Minister Arkhom Termpittayapaisith has signalled the possible extension of the property support measures to help spur the recovery of the sector.
Arkhom asks GH Bank to keep rates stable
Business, Wichit Chantanusornsiri, Published on 01/04/2022
» Finance Minister Arkhom Termpittayapaisith has asked Government Housing Bank (GH Bank) to maintain its current mortgage interest rates this year as borrowers struggle with living costs.
Foreign e-service firms liable for VAT
Business, Wichit Chantanusornsiri, Published on 13/02/2021
» Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.
New finance minister ready to seek remedies
Business, Wichit Chantanusornsiri, Published on 13/08/2020
» Newly appointed Finance Minister Predee Daochai is set to meet with the ministry's officials this week to discuss the economy and upcoming remedy measures.
Bank of Thailand pushes CLMV transfers
Business, Wichit Chantanusornsiri, Published on 02/10/2018
» The Bank of Thailand has initiated a cross-border fund transfer with Cambodia, Laos, Myanmar and Vietnam (CLMV) by scanning QR codes in a move to facilitate deeper integration in the region.
FPO: Recovery trickles down to grassroots
Business, Wichit Chantanusornsiri, Published on 29/06/2018
» Real farm income surged to a 13-month high in May, suggesting the economic recovery is finally reaching farmers and low-income earners, says a senior official at the Fiscal Policy Office (FPO).
Apisak says digital coins will remain legal
Business, Wichit Chantanusornsiri, Published on 08/02/2018
» The government will not ban cryptocurrency trading, says Finance Minister Apisak Tantivorawong, but a regulatory framework to govern digital currencies will become clearer within a month.
NSF eyes corporate bond growth
Business, Wichit Chantanusornsiri, Published on 14/06/2016
» The National Savings Fund (NSF), a voluntary pension fund for self-employed workers, plans to diversify its investment portfolio this year by putting money into investment-grade corporate bonds.
Apisak cautiously upbeat
Business, Wichit Chantanusornsiri, Published on 29/09/2015
» The economy is expected to bound back next year, but the government may need to inject more money into the economic system if the economy remains stubbornly in the doldrums, says Finance Minister Apisak Tantivorawong.