Showing 1-10 of 705 results
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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.
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Excise Department mulls carbon tax
Business, Wichit Chantanusornsiri, Published on 06/09/2023
» The Excise Department is exploring the idea of a carbon tax for the energy and transport sectors to reduce carbon emissions, says director-general Ekniti Nitithanprapas.
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Huge 5-year budget for national reform
Business, Wichit Chantanusornsiri, Published on 30/04/2018
» The Budget Bureau has set a five-year budget framework for national reform through fiscal 2023 of more than 700 billion baht, with the biggest slice going to economic reform and water management.
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Govt debt ratio hike 'won't hurt monetary, fiscal discipline'
Wichit Chantanusornsiri, Published on 31/05/2019
» The government's move to raise its off-budget debt commitment as a proportion of the national budget from 5% to 8% will not have any effect on monetary or fiscal discipline, according to an adviser to the Public Debt Management Office.
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Ministry rejigs mid-term fiscal plan
Business, Wichit Chantanusornsiri, Published on 04/06/2021
» The Finance Ministry is set to adjust its mid-term fiscal plan following the government's implementation of the 500-billion-baht borrowing decree, said a ministry source who requested anonymity.
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Foreign e-service firms liable for VAT
Business, Wichit Chantanusornsiri, Published on 13/02/2021
» Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.
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Aiming to be the social bank
Business, Wichit Chantanusornsiri, Published on 20/11/2020
» 'Size does not matter" has become a mantra for the Government Savings Bank (GSB), one of Thailand's largest financial institutions by total assets, in its push to become a fully integrated social bank under the helm of Vitai Ratanakorn.
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PPP Act restricts scope to basic projects
Business, Wichit Chantanusornsiri, Published on 12/02/2019
» The PPP Promotion Act, which already passed through the National Legislative Assembly (NLA), stipulates only basic infrastructure projects and public services can be invested in jointly by the public and private sectors, says the head of the State Enterprise Policy Office (Sepo).
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KTB chief to impose discipline
Business, Wichit Chantanusornsiri, Published on 07/01/2019
» Krungthai Bank's board of directors has delegated KTB chief executive Payong Srivanich to take responsibility for proceeding with disciplinary actions against several of the bank's executives and employees who were found to be implicated in extending loans to Energy Earth Plc.
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Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
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