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BUSINESS

Local tourism stimulus goes under review for third phase

Business, Wichit Chantanusornsiri, Published on 31/10/2019

» The Finance Ministry will take one month to evaluate whether a third phase of the Chim, Shop, Chai (taste, shop, spend) scheme is still needed.

BUSINESS

Easier rules hoped to draw merchants

Business, Wichit Chantanusornsiri, Published on 25/10/2019

» Spending of cash rebates under the second phase of the Chim, Shop, Chai (taste, shop, spend) scheme is expected to accelerate after the Finance Ministry eased conditions to attract more merchants.

BUSINESS

BAAC keen on rural credit arm

Business, Wichit Chantanusornsiri, Published on 24/10/2019

» State-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is floating the idea of setting up a credit bureau for the rural sector aimed at mitigating financial institution risks and offering people who live in those areas easier access to financial sources.

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BUSINESS

Cap in store for next domestic travel perk

Business, Wichit Chantanusornsiri, Published on 10/10/2019

» The number of recipients for the second phase of the cash rebate for spending outside home provinces is expected to be limited to 5 million, says Finance Minister Uttama Savanayana.

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BUSINESS

Handout's 2nd phase in the works

Business, Wichit Chantanusornsiri, Published on 04/10/2019

» The second phase of the 1,000-baht cash handout scheme will launch this quarter in a bid to rev up economic growth momentum in the remaining months of 2019.

BUSINESS

Treasury applying new methods for 2020 tax net

Business, Wichit Chantanusornsiri, Published on 02/10/2019

» The Treasury Department aims for a 50% increase in revenue collection for fiscal 2020 through new methods designed to enhance collection efficiency.

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BUSINESS

B100bn-plus sought for rural stimulus

Business, Wichit Chantanusornsiri, Published on 21/09/2019

» The Finance Ministry estimates that more than 100 billion baht is needed to fund a strategy of sustainable development for the rural economy to thoroughly cover 30 million poor people in the segment.

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BUSINESS

BAAC targets B1bn via online farm platform sales

Business, Wichit Chantanusornsiri, Published on 22/06/2019

» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims for 1 billion baht in sales over the next five years from an e-commerce platform designed as an online distribution channel for farmers.

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BUSINESS

BAAC predicts Democrat farmer policy adoption

Business, Wichit Chantanusornsiri, Published on 20/06/2019

» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) expects the new government to adopt a farmers' minimum income guarantee as promised by the Democrat Party, which is tipped to fill the agriculture minister's seat.

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OPINION

New govt faces massive economic task

News, Wichit Chantanusornsiri, Published on 30/05/2019

» For the first time in five years, Thailand will soon be ruled by an elected coalition government. But the new administration, which is being formed by coalition allies, will not have any honeymoon period.