Showing 51-60 of 1,130 results
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NPL provisions soar at state institutions
Business, Wichit Chantanusornsiri, Published on 01/03/2024
» Provisions for non-performing loans (NPLs) by specialised financial institutions (SFIs) tallied 263% at the end of fiscal 2023, compared with 194% in September 2022, says a Finance Ministry source who requested anonymity.
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Consumer confidence hits 47-month high
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Consumer confidence rose in January to the highest level in 47 months, propped up by the economic recovery, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
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Scrutinising the need for overseas bonds
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.
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Online channel tackles bogus returns
Business, Wichit Chantanusornsiri, Published on 27/02/2024
» The Revenue Department is requiring all employers to submit payroll tax returns via electronic channels to avoid counterfeit tax return forms, says director-general Vinit Visessuvanapoom.
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Thailand expresses intent to become OECD member
Business, Wichit Chantanusornsiri, Published on 27/02/2024
» Joining the Organisation for Economic Co-operation and Development (OECD) would elevate the country's standards and help create a better quality of life for Thais, says Prommin Lertsuridej, secretary-general to the prime minister.
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Fiscal 2024 budget disbursement expedited
Business, Wichit Chantanusornsiri, Published on 27/02/2024
» The Finance Ministry has issued measures to expedite the disbursement of the fiscal 2024 budget, requiring the contract of new investment projects be signed by July, says Deputy Finance Minister Krisada Chinavicharana.
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Ministry provides warning on revenue
Business, Wichit Chantanusornsiri, Published on 26/02/2024
» Government revenue collection in fiscal 2024 may not exceed the target, unlike last year, says Deputy Finance Minister Krisada Chinavicharana.
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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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Debt office considers foreign issue
Business, Wichit Chantanusornsiri, Published on 21/02/2024
» The Finance Ministry's Public Debt Management Office (PDMO) is weighing whether to issue foreign currency-denominated bonds this March, after not doing so for more than 20 years.
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NESDC revises growth outlook
Business, Wichit Chantanusornsiri, Published on 20/02/2024
» The National Economic and Social Development Council (NESDC) has revised down gross domestic product (GDP) growth for 2023 and its outlook for 2024 to 1.9% and 2.7%, suggesting the Bank of Thailand (BoT) use financial measures to support the economy, says secretary-general Danucha Pichayanan.
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