Showing 1 - 10 of 105
BoT optimistic 4% growth obtainable
Business, Pawee Sirimai, Published on 01/12/2017
» The Bank of Thailand has painted a rosy picture of the country's economy, saying it is quite possible for fourth-quarter growth to exceed the 4.3% registered in the third quarter, adding full-year growth of 4% is obtainable if exports continue to rise at a double-digit pace.
KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
Study: Use LTF tax credit, not deduction
Business, Pawee Sirimai, Published on 23/11/2017
» The Finance Ministry should replace tax deduction on investment in long-term equity funds (LTFs) with a tax credit that aims at reducing inequality and lowering the government's foregone revenue, says a local professor.
FIDF asks more of banks
Business, Pawee Sirimai, Published on 22/11/2017
» The proposed amendment of the Bank of Thailand Act will require financial institutions to contribute in the event of future bailout. This contribution requirement will be made only post-crisis not pre-crisis.
Q3 growth of 3.7-4% forecast
Business, Pawee Sirimai, Published on 20/11/2017
» Thailand's economic growth is expected to expand by 3.7-4% during the three months to September mainly because of stronger growth in exports and tourism, say economists.
BoT gives nod to inter-bank bill pay
Business, Pawee Sirimai, Published on 18/11/2017
» The Bank of Thailand has permitted banks to launch cross-bank bill payment through the PromptPay service, with lowered fees of up to five baht per transaction for those made online and at ATMs, while credit-card-based quick response (QR) code payment is expected to be introduced commercially by the first quarter of next year.
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
More tax incentives sought to help elderly with employment
Business, Pawee Sirimai, Published on 07/11/2017
» Deputy Prime Minister Somkid Jatusripitak has instructed the Fiscal Policy Office (FPO) to consider additional tax incentives as a means to support senior citizens' employment and businesses as Thailand moves towards becoming an aged society.
State banks urged to support more SMEs
Business, Pawee Sirimai, Published on 07/11/2017
» Deputy Prime Minister Somkid Jatusripitak is urging state-owned banks to play a more aggressive role in supporting small and medium-sized enterprises (SMEs).
Allianz urges consolidating to innovate
Business, Pawee Sirimai, Published on 06/11/2017
» German insurer Allianz has urged more consolidation in order to develop and support innovation in the Thai insurance industry, especially for property and casualty insurance.