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THAILAND

Super Zara indicted over NGV buses

News, Wichit Chantanusornsiri, Published on 23/02/2017

» The Customs Department has started the indictment of Super Zara, the importer of 489 natural gas vehicle (NGV)-fuelled buses, for falsely claiming the vehicles were manufactured in Malaysia allegedly to avoid paying taxes.

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BUSINESS

Exim providing new SME loans

Business, Wichit Chantanusornsiri, Published on 23/02/2017

» The state-owned Export-Import Bank of Thailand (Exim Bank) has rolled out a low-interest rate loan scheme bundled with free credit insurance, targeting small and medium-sized enterprises (SMEs) engaged in exports.

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OPINION

Reserve tumble doesn't spell fiscal crisis

News, Wichit Chantanusornsiri, Published on 23/02/2017

» The dramatic fall in treasury reserves to 74.9 billion baht last December, the lowest in many years, does not indicate that Thailand is facing a fiscal crisis. However, it does not mean that the Thai government will be immune to fiscal traumas either. Factors that will affect the state's fiscal stability are still out there looming.

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THAILAND

Two new Rama IX commemorative coins minted

Wichit Chantanusornsiri, Published on 23/02/2017

» The Treasury Department, with royal permission, has produced two new coins to commemorate King Rama IX, both in a 20-baht denomination, which will be available to the public next month, said department chief Jakkrit Parapanthakul.