Showing 1-10 of 2,932 results
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GSB readies B100bn for small firms
Business, Wichit Chantanusornsiri, Published on 14/07/2020
» State-run Government Savings Bank (GSB) is prepared to offer a fresh batch of soft loans worth 100 billion baht to help virus-ravaged small business operators in the tourism and service sectors keep their employees on payroll.
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FPO makes use of satellite data
Business, Wichit Chantanusornsiri, Published on 13/07/2020
» The Fiscal Policy Office (FPO) is using satellites and carbon dioxide density measures to study economic conditions on a more continuous basis, according to senior officials at the Finance Ministry's think tank.
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Setthaput latest to vie for BoT post
Business, Wichit Chantanusornsiri, Published on 11/07/2020
» Setthaput Suthiwart-Narueput, a member of the Monetary Policy Committee and the prime minister's advisory team, has joined the race for the top job at the Bank of Thailand, bringing the number of contenders to six.
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5,000-baht SSF stipend moves forth
Business, Wichit Chantanusornsiri, Published on 11/07/2020
» The Finance Ministry has approved the Labour Ministry's proposal to provide leftover budget as a cash handout of 5,000 baht a month to nearly 90,000 workers registered under the Social Security Fund who were affected by the pandemic.
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TCG sets B30bn loan guarantee for frail SMEs
Business, Wichit Chantanusornsiri, Published on 11/07/2020
» State-owned Thai Credit Guarantee Corporation (TCG) has set a loan guarantee amount of 30 billion baht for small and medium-sized enterprise (SME) operators whose loans are at risk of turning sour.
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FPO notes signs of uptick, acceleration since April
Business, Wichit Chantanusornsiri, Published on 10/07/2020
» The recovery of economic sentiment has gathered steam since April after the government managed to contain the coronavirus outbreak, says a senior official at the Fiscal Policy Office (FPO).
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MCOT 'not insolvent' as cash shrinks
Business, Wichit Chantanusornsiri, Published on 09/07/2020
» State-owned broadcaster MCOT is going through a liquidity crunch but is not insolvent, says a source at the Finance Ministry who requested anonymity.
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Lost revenue from sales tax cut 'insignificant'
Business, Wichit Chantanusornsiri, Published on 08/07/2020
» The Excise Department's sales tax cut is expected to cost the government less than 1 billion baht in forgone revenue, says the department's chief.
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Added local travel perks shaping up
Business, Wichit Chantanusornsiri, Published on 08/07/2020
» The Finance Ministry is poised to launch a fresh package to encourage domestic travel on weekdays, aiming to boost the country's GDP by 0.2-0.3 percentage points.
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Key official seeks to revoke VAT break
Business, Wichit Chantanusornsiri, Published on 08/07/2020
» Removing the value-added tax (VAT) exemption for goods of up to 1,500 baht per parcel and imported through the post is crucial to levelling the playing field for local vendors, particularly small and medium-sized enterprises (SMEs), says the Revenue Department.
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