Showing 1 - 10 of 206
Cabinet approves new energy subsidies
Business, Wichit Chantanusornsiri, Published on 08/05/2024
» The cabinet has endorsed initiatives aimed at easing people's energy expenses, covering caps on diesel and cooking gas prices, as well as subsidies for electricity bills for vulnerable groups.
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.
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.
Thailand begins OECD membership process
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.
Senator eager to improve casino plan
Business, Wichit Chantanusornsiri, Published on 01/04/2024
» With the resurgence of interest in legalising casinos to bolster economic growth as the digital wallet and Land Bridge policies remain on hold, the government is being urged to reassess the details of a proposed casino and entertainment complex.
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.
BAAC pledges to solidify its financial status
Business, Wichit Chantanusornsiri, Published on 05/03/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has committed to solidifying its financial status, aiming to provide continued support to farmers and cap its non-performing loans (NPLs) at 4% this year.
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.
Ministry prepares next phase of debt suspension
Business, Wichit Chantanusornsiri, Published on 08/02/2024
» The Finance Ministry plans to launch the second phase of a three-year debt suspension scheme for farmers in April, says Deputy Finance Minister Julapun Amornvivat.
Panel called on to cut policy rate
Business, Wichit Chantanusornsiri, Published on 06/02/2024
» The Finance Ministry is urging the Bank of Thailand's Monetary Policy Committee (MPC) to consider cutting its policy rate to ease the burden on the public, says Deputy Finance Minister Julapun Amornvivat.