Showing 1-10 of 186 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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IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
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BAAC unveils scheme for carbon credits
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to purchase 510,000 tonnes of carbon credits within five years, says president Chatchai Sirilai.
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Another payment stream for retirees
Business, Wichit Chantanusornsiri, Published on 30/10/2023
» The global population has increased rapidly in the last 30 years, while two-thirds of people older than age 60 are in developing countries, especially in Asia.
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GSB issues green loans worth B27bn
Business, Wichit Chantanusornsiri, Published on 24/10/2023
» Government Savings Bank (GSB) has issued green loans worth 27 billion baht, ranging from personal loans to business loans, says senior executive vice-president Noppawan Ratanawekin.
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Srettha backs vehicle supply chain
Business, Wichit Chantanusornsiri, Published on 30/09/2023
» Prime Minister Srettha Thavisin reaffirmed to the Japanese government that the Thai government will continue to support the production of internal combustion engine (ICE) vehicles for the next 10-15 years to ensure a smooth transition to electric vehicles (EVs).
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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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Excise unfazed by proposed liquor act
Business, Wichit Chantanusornsiri, Published on 25/05/2023
» The Excise Department's liquor policy does not conflict with the Move Forward Party's Progressive Liquor Act, says deputy director-general Kriengkrai Pattanaporn.
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Weak economy hampers liquor upgrades
Business, Wichit Chantanusornsiri, Published on 22/05/2023
» The Excise Department says current economic conditions are unfavourable, resulting in only one small, community-based entrepreneur applying for a licence to become a medium-sized liquor producer, says deputy director-general Kriengkrai Pattanaporn.
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