Showing 1 - 10 of 2,492
Tourism lifeline in pipeline
Business, Wichit Chantanusornsiri, Published on 15/02/2020
» The government is ready to throw a lifeline, including soft loans, tax incentives and training in return for income, to tourism operators ravaged by the coronavirus outbreak, says Deputy Prime Minister Somkid Jatusripitak.
Mid-year funds available for more stimulus
Business, Wichit Chantanusornsiri, Published on 17/02/2020
» A mid-year budget worth 100 billion baht is available for the government to finance new economic stimulus measures while the fiscal 2020 budget is held up, says a senior official at the Finance Ministry.
Excise delays levy process
Business, Wichit Chantanusornsiri, Published on 18/02/2020
» The Excise Department has put on hold a process to consider levies on salty food and non-alcoholic beer until the Covid-19 epidemic is under control, its chief says.
Exim predicts no growth in exports
Business, Wichit Chantanusornsiri, Published on 18/02/2020
» State-owned Export-Import Bank (Exim) of Thailand cut its export forecast for this year to a range of no growth to a 2% contraction, assuming the coronavirus epidemic and the trade war will ravage the country's outbound shipments.
Virus 'could shave 1%' off growth
Wichit Chantanusornsiri, Published on 18/02/2020
» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country’s 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.
GSB: Possible 1-point GDP hit from virus
Business, Wichit Chantanusornsiri, Published on 19/02/2020
» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country's 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.
GH Bank urges larger home pool
Business, Wichit Chantanusornsiri, Published on 20/02/2020
» State-owned GH Bank is set to propose the Finance Ministry raise the ceiling price of homes entitled to the bank's low-rate mortgages under the government's 1-million-unit budget residential scheme to 1.2 million baht per unit from 1 million, but the new maximum will be restricted to those located in Greater Bangkok.
Finance Ministry to unveil new aid package
Business, Wichit Chantanusornsiri, Published on 20/02/2020
» The Finance Ministry is set to roll out a fresh stimulus package this quarter large enough to jump-start economic growth momentum, says Finance Minister Uttama Savanayana.
Uttama: Budget bill has B400bn for investment
Business, Wichit Chantanusornsiri, Published on 21/02/2020
» State investment worth over 400 billion baht is expected to be pumped into the economy in the second quarter after the passage of the delayed 3.2-trillion-baht annual budget bill for fiscal 2020, says Finance Minister Uttama Savanayana.
FPO: Prime city plot iffy for farm tax rate
Business, Wichit Chantanusornsiri, Published on 22/02/2020
» An empty plot of prime Bangkok real estate on Ratchadaphisek Road, recently turned into a lime farm to avoid the highest land and buildings tax bracket, is likely subject to the tax rate for vacant land, says the chief of the Fiscal Policy Office (FPO).