Showing 1-10 of 141 results
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Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
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GSB expected to grant debt moratorium
Business, Wichit Chantanusornsiri, Published on 08/01/2024
» Government Savings Bank (GSB) plans to grant a debt moratorium to 630,000 debtors worth a total of 6.3 billion baht to help people and businesses unable to service their debt because of the impact of the pandemic, according to a source who requested anonymity.
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Government ready to bear part of Covid-19 payout
Business, Wichit Chantanusornsiri, Published on 21/12/2023
» The government will bear some of the burden for the payment of claims from Covid-19 policyholders, says Deputy Finance Minister Julapun Amornvivat.
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Nation aims to be upper-income by 2027
Business, Wichit Chantanusornsiri, Published on 03/10/2023
» The government will turn Thailand into an upper-income country within four years, says Prime Minister Srettha Thavisin.
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Going global
Business, Wichit Chantanusornsiri, Published on 24/07/2023
» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.
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NESDC demands discipline
Business, Wichit Chantanusornsiri, Published on 16/05/2023
» The National Economic and Social Development Council (NESDC) has warned the new government to strictly maintain financial and fiscal discipline as it will affect foreign investors' confidence in the Thai economy, says secretary-general Danucha Pichayanan.
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IBank targets fewer NPLs
Business, Wichit Chantanusornsiri, Published on 25/04/2023
» The Islamic Bank of Thailand (IBank) aims to reduce its non-performing loans (NPLs) to 8 billion baht this year, from the current level of 13 billion baht, by helping its major corporate customers restructure their debt, says the bank's president Thaweelap Rittapirom.
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Bid to hasten Covid payouts
Business, Wichit Chantanusornsiri, Published on 13/02/2023
» The Finance Ministry plans to speed up the payment of lump sum claims from Covid-19 policyholders of four dissolved non-life insurance companies, says permanent finance secretary Krisada Chinavicharana.
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FPO maintains Thai GDP growth forecast
Business, Wichit Chantanusornsiri, Published on 28/01/2023
» The Fiscal Policy Office (FPO) has maintained its Thai economic growth forecast this year at 3.8%, in line with the continued rebound of the tourism sector and declining inflation.
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Baht boosted by foreign investors
Business, Wichit Chantanusornsiri, Published on 12/01/2023
» The stronger baht is the result of foreign investors' confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith.
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