Showing 91-100 of 3,352 results
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Public snaps up savings bonds worth B35bn
Business, Wichit Chantanusornsiri, Published on 15/03/2024
» Government savings bonds worth 35 billion baht were bought by the public, with the portion sold through Krungthai Bank's Pao Tang mobile app selling out within seconds.
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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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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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Revenue falls short of collection target
Business, Wichit Chantanusornsiri, Published on 12/03/2024
» The government's revenue collection in the first four months of fiscal year 2024 has fallen short of the target, attributed to a significant decrease in oil taxes.
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Advisor insists public debt still at reasonable level
Business, Wichit Chantanusornsiri, Published on 09/03/2024
» Despite an increase in public debt during the pandemic, the Public Debt Management Office (PDMO) insists the level remains manageable.
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Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
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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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IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
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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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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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