Showing 1-10 of 23 results
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Court: Financial decrees constitutional
Jon Fernquest, Published on 23/02/2012
» Constitution Court rules decrees transfering 1997 Crisis Debt to central bank & authorising 350 billion baht in loans for flood recovery are ok.
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Hunt for cash: Post-flood govt borrowing
Jon Fernquest, Published on 24/01/2012
» With flood recovery looming & tax reductions galore (corporate, first car, first home...) govt frantically searching for ways to pay for it all.
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Thailand's 1997 debt: Ghost of 15 years past
Jon Fernquest, Published on 27/01/2012
» Economist Tientip Subhanij provides background on Thailand's lingering 1997 crisis debt, not thought about much until recently.
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New tax on bank deposits
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.
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Central bank: New revenue hunt
Jon Fernquest, Published on 15/02/2012
» 24 years still likely to pay off FIDF 1997 crisis debt recently shifted to Bank of Thailand in possibly unconstitutional bypassing of parliament by executive decree.
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Govt vs. Bank of Thailand
Jon Fernquest, Published on 25/01/2012
» Politicians dump 1997 crisis debt on banking sector with tax on bank deposits (govt banks exempt) law made in cabinet, not parliament.
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Former prime minister denies murder charges
Jon Fernquest, Published on 13/12/2012
» He claims charges are false because as prime minister, he acted according to the law in an emergency situation to stop illegal violence.
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Pardon: Stir up conflict again?
Jon Fernquest, Published on 18/11/2011
» Political protests & now floods have crippled businesses & increased unemployment for years. Proposed pardon could restart the downward spiral.
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Deposit insurance money to pay off 1997 crisis debt
Jon Fernquest, Published on 16/02/2012
» Deposit insurance contributions to fall from 28 billion to 700 million baht per year to pay off FIDF 1997 crisis debt. Deposit protection falling from 50 to 1 million baht by August.
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Govt debt to disappear
Jon Fernquest, Published on 28/12/2011
» 1.14 trillion baht in govt debt from 1997 crisis to be erased immediately by shifting off balance sheet to Bank of Thailand.
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