Showing 1-10 of 26 results
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Credit guarantee project benefits small firms
Business, Wichit Chantanusornsiri, Published on 14/03/2024
» The Finance Ministry plans to propose to the cabinet a new 50-billion-baht portfolio guarantee scheme (PGS 11), which is a credit guarantee where the government sponsors the annual fee, operated by the state-owned Thai Credit Guarantee Corporation (TCG).
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Finance lines up perks, deterrents
Business, Wichit Chantanusornsiri, Published on 12/02/2021
» The Finance Ministry plans to adopt both tax incentives and deterrent tools to rev up the investment ratio from the existing 20% of GDP to 40%.
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Ministry sees four-year test for tourism sector
Business, Wichit Chantanusornsiri, Published on 03/12/2020
» The tourism industry, which accounts for 12% of Thailand's GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry.
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Treasury allots B4bn for medical hub
Business, Wichit Chantanusornsiri, Published on 20/10/2020
» The Treasury Department together with the Public Health Ministry has vowed to splurge as much as 4 billion baht to develop and convert Phuket's medical tourism industry into a world-class medical and wellness tourist destination.
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EEC is our only gateway to developed-nation status
News, Wichit Chantanusornsiri, Published on 03/10/2019
» The Eastern Economic Corridor (EEC) has been harshly criticised by Thanathorn Juangroongruangkit, leader of the Future Forward Party, for its "lack of people's participation". On the contrary, I believe the EEC will help boost the livelihoods of Thais and transform Thailand from a middle-income country to high-income status.
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Regional projects essential
Business, Wichit Chantanusornsiri, Published on 24/09/2019
» The government plans to push development of large industrial projects in southern and western regions, similar to the Eastern Economic Corridor (EEC), says Finance Minister Uttama Savanayana.
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Student loans win boost
News, Wichit Chantanusornsiri, Published on 08/05/2019
» The government is to spend 8.5 billion baht to make up for a recent 30-50% cut in Student Loan Fund principal loan amounts for students who choose to study in fields related to 10 targeted and three basic infrastructure industries at universities and vocational schools.
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Tax favouritism for Jack Ma disavowed
Business, Wichit Chantanusornsiri, Published on 16/06/2018
» The Revenue Department insists that taxation of local online vendors is proceeding in a fair manner and without discrimination after a message went viral on social media that said the government was taxing online sellers but providing a 13-year tax holiday to Alibaba's Jack Ma.
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Moody's: EEC a boon to Thailand
Business, Wichit Chantanusornsiri, Published on 31/05/2018
» Moody's Investors Service says the government's investment flagship Eastern Economic Corridor (EEC) is credit-positive for Thailand, says Warotai Kosolpistkul, fiscal policy adviser to the Fiscal Policy Office (FPO).
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PDMO budgets up to B50bn for yearly borrowing in EEC
Business, Wichit Chantanusornsiri, Published on 26/03/2018
» The Public Debt Management Office (PDMO) plans to earmark 30-50 billion baht a year from its annual borrowing to finance the government's 1-trillion-baht infrastructure investment in the much-touted Eastern Economic Corridor (EEC) project.
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