Showing 1-10 of 788 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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GH Bank preps low-interest loans for greener homes
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» Government Housing Bank (GH Bank) is offering low-interest loans totalling 10 billion baht to purchase or renovate homes so that they become more environmentally friendly and reduce pollution for residents.
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Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
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HSBC rolls out regional digital loans
Business, Wichit Chantanusornsiri, Published on 28/03/2024
» HSBC is offering a new US$1 billion growth fund to bolster platform players within the rapidly expanding regional digital economy.
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Retail investors snap up government savings bonds
Business, Wichit Chantanusornsiri, Published on 22/03/2024
» Government savings bonds drew overwhelming interest from retail investors this month as interest rates are expected to decline.
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Digital wallet paper to be assessed by panel
Business, Wichit Chantanusornsiri, Published on 20/03/2024
» The State Audit Commission appears to be preparing to establish a subcommittee to audit and provide recommendations to the government on the controversial digital wallet project.
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Tax ruling for tokens ratified
Business, Wichit Chantanusornsiri, Published on 13/03/2024
» The cabinet has approved tax measures to promote fundraising through investment tokens.
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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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NESDC sees personal loans soar
Business, Wichit Chantanusornsiri, Published on 05/03/2024
» Personal loans have surged due to a shortage of personal liquidity while credit quality has diminished, according to the latest report by the National Economic and Social Development Council (NESDC).
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Savings bonds worth B100bn in the offing
Business, Wichit Chantanusornsiri, Published on 23/02/2024
» The government will sell savings bonds worth 100 billion baht within the fiscal year, with the first issue worth 40 billion baht to be offered next month to help finance the budget deficit, says Patchara Anuntasilpa, director-general of the Public Debt Management Office (PDMO).
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