Showing 1-10 of 12 results
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Liquidity support for hospitality firms underway
Business, Wichit Chantanusornsiri, Published on 02/02/2021
» The Finance Ministry has promised to look into devising a measure to beef up liquidity for hard-hit hospitality businesses after meeting a private sector representative.
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Tax revenue held back by pandemic
Business, Wichit Chantanusornsiri, Published on 02/11/2020
» Tax revenue from private consumption and personal and corporate income will not reach the levels seen during the pre-pandemic period until a vaccine is successfully developed, says the Revenue Department.
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Moratorium borrowers need a break
Business, Wichit Chantanusornsiri, Published on 05/09/2020
» Some 30% of borrowers entering the debt moratorium scheme are not expected to be able to service their debts at the same rate, says the Small and Medium Enterprise Development Bank of Thailand (SME D Bank).
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TCG gives nod to B57bn in SME loan guarantees
Business, Wichit Chantanusornsiri, Published on 24/08/2020
» State-owned Thai Credit Guarantee Corporation (TCG) has approved 57 billion baht worth of loan guarantees for small and medium-sized enterprises (SMEs) qualified under the Bank of Thailand's soft loan scheme.
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Tax breaks to ease coronavirus stress
News, Wichit Chantanusornsiri, Published on 07/07/2020
» The Finance Ministry is offering sales tax reductions and a short-term tax break for certain businesses to help them cope better with the Covid-19 pandemic.
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Lost revenue from sales tax cut 'insignificant'
Business, Wichit Chantanusornsiri, Published on 08/07/2020
» The Excise Department's sales tax cut is expected to cost the government less than 1 billion baht in forgone revenue, says the department's chief.
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Virus 'could shave 1%' off growth
Wichit Chantanusornsiri, Published on 18/02/2020
» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country’s 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.
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GSB: Possible 1-point GDP hit from virus
Business, Wichit Chantanusornsiri, Published on 19/02/2020
» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country's 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.
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Aid measures to seek cabinet nod
Business, Wichit Chantanusornsiri, Published on 04/02/2020
» A seven-month excise tax cut for jet fuel for domestic flights of local airlines, tax breaks for business operators that hold seminars in provinces and hospitality operators that renovate their properties, and a deadline extension for personal income tax return filing will go before the cabinet on Tuesday.
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GSB, Airbnb join forces on homestay
Business, Wichit Chantanusornsiri, Published on 18/05/2019
» State-owned Government Savings Bank (GSB) will offer special loans to homestay operators, and Airbnb will help these operators access travellers through the accommodation-sharing giant's platform.
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