Showing 1 - 10 of 79
Arkhom urges BAAC to rejig farmer debt
Business, Wichit Chantanusornsiri, Published on 26/06/2023
» Finance Minister Arkhom Termpittayapaisith has asked the Bank for Agriculture and Agricultural Cooperatives (BAAC) to restructure farmers' debts to reduce non-performing loans (NPLs) to 3-4% for this accounting year from nearly 8% year-on-year.
Rubber deal set to boost Thai firms in global market
Business, Wichit Chantanusornsiri, Published on 01/06/2023
» The Finance Ministry, in collaboration with the Thai Chamber of Commerce and the Rubber Authority of Thailand, has signed a letter of intent for the Capital Flow in Rubber Industrial Estate project to boost the international competitiveness of entrepreneurs in the rubber supply chain.
SMEs urged to look beyond Thailand
Business, Wichit Chantanusornsiri, Published on 28/11/2022
» The courage to venture to overseas frontiers and easier access to loans are the key factors to facilitate small and medium-sized enterprises (SMEs) becoming exporters, according to lenders and industry leaders.
Exim Bank chief offers advice to exporters
Business, Wichit Chantanusornsiri, Published on 07/10/2022
» The depreciation of the baht will not continue to benefit local exporters in the long term because of the currency's volatility, according to Export-Import Bank of Thailand (Exim Bank) president Rak Vorrakitpokatorn.
Arkhom pours cold water on prospect of tiered VAT
Business, Wichit Chantanusornsiri, Published on 27/09/2022
» The Finance Ministry is not seriously considering introducing a two-tier value-added tax (VAT) system as revenue collection in the 2022 fiscal year is expected to hit its targets, says Arkhom Termpittayapaisith.
New VAT mulled that targets luxury goods
Business, Wichit Chantanusornsiri, Published on 26/09/2022
» The Finance Ministry is considering the introduction of a two-tier value-added tax (VAT) rate that could generate additional revenue of more than 100 billion baht, says a ministry source who requested anonymity.
TCG to utilise credit scoring
Business, Wichit Chantanusornsiri, Published on 22/08/2022
» Thai Credit Guarantee Corporation (TCG) will apply the credit scoring method to determine the guarantee service fee it will charge customers, said TCG president Sittikorn Direksoonthorn.
TCG grants guarantees of B92.8bn
Business, Wichit Chantanusornsiri, Published on 06/07/2022
» Thai Credit Guarantee Corporation (TCG) has provided loan guarantees worth 92.8 billion baht to small and medium-sized enterprises (SMEs) and micro SMEs during the first half, representing over 50% of its total guarantee target this year at 170 billion baht.
Cigarette importers warned
Business, Wichit Chantanusornsiri, Published on 25/10/2021
» The Excise Department has the authority to not approve cigarette importers from setting the product at an unusually low retail price, according to a department source.
Arkhom calls for post-Covid reforms
Business, Wichit Chantanusornsiri, Published on 19/10/2021
» Thailand will have to improve in three areas in order to handle key problems in the future, said Finance Minister Arkhom Termpittayapaisith.