Showing 1-10 of 16 results
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The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
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BAAC union queries lending capacity
Wichit Chantanusornsiri, Published on 18/04/2024
» The labour union of the Bank for Agriculture and Agricultural Cooperatives (BAAC) is seeking legal opinions about whether the government can borrow from the state-owned bank to support its costly digital wallet handout.
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Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
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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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Price limit change to aid would-be buyers
Business, Wichit Chantanusornsiri, Published on 02/04/2024
» The Finance Ministry looks set to propose an increase in the limit on home prices eligible for a reduction in the transfer fee and mortgage registration fee to 5 million baht, from the current level of less than 3 million baht, in an effort to stimulate the real estate sector.
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State vows to include small shops in scheme
Business, Wichit Chantanusornsiri, Published on 30/03/2024
» The government has pledged to establish mechanisms to support and promote small shops, allowing them to benefit from the digital wallet project.
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Student Loan Fund short B19bn
Business, Wichit Chantanusornsiri, Published on 30/03/2024
» The Student Loan Fund (SLF) needs to request state support worth 19 billion baht for lending to students in fiscal 2025, marking the first such request since 2018.
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Ministry mulls raising price limit for housing
Business, Wichit Chantanusornsiri, Published on 29/03/2024
» The Finance Ministry may consider raising the price limit for housing units eligible for government support, aiming to stimulate growth in the real estate sector.
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HSBC rolls out regional digital loans
Business, Wichit Chantanusornsiri, Published on 28/03/2024
» HSBC is offering a new US$1 billion growth fund to bolster platform players within the rapidly expanding regional digital economy.
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Official: Stay the course on EV sector
Wichit Chantanusornsiri, Published on 25/03/2024
» Despite concern over the arrival of the Chinese electric vehicle supply chain to the domestic automotive industry, Thailand must continue to fuel the growth of its EV sector, says finance permanent secretary Lavaron Sangsnit.
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