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BUSINESS

Arkhom urges BAAC to rejig farmer debt

Business, Wichit Chantanusornsiri, Published on 26/06/2023

» Finance Minister Arkhom Termpittayapaisith has asked the Bank for Agriculture and Agricultural Cooperatives (BAAC) to restructure farmers' debts to reduce non-performing loans (NPLs) to 3-4% for this accounting year from nearly 8% year-on-year.

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BUSINESS

Government outperforms revenue goals

Business, Wichit Chantanusornsiri, Published on 27/06/2023

» Government revenue for the first eight months of fiscal 2023 exceeded its target by 122 billion baht as a result of economic recovery and active imports, says Fiscal Policy Office director-general Pornchai Thiraveja.

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BUSINESS

How Thailand's welfare state could change

Business, Wichit Chantanusornsiri, Published on 28/06/2023

» For the past few decades, many countries have been working towards providing "healthcare for all", including equity in access to healthcare and healthcare financing.

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BUSINESS

FPO requests debt restructuring

Business, Wichit Chantanusornsiri, Published on 29/06/2023

» The Fiscal Policy Office (FPO) is calling on state financial institutions and commercial banks to implement debt restructuring measures to reduce the debt repayment burden rather than extending the repayment period, says director-general Pornchai Thiraveja.

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BUSINESS

BoT cracks down on lending

Business, Wichit Chantanusornsiri, Published on 20/06/2023

» The Bank of Thailand plans to implement new lending guidelines to prevent over-indebtedness of household borrowers, says Siritida Panomwon Na Ayudhya, assistant governor of payment systems policy and financial consumer protection group.

BUSINESS

SEC urged to act on Stark

Business, Wichit Chantanusornsiri, Published on 21/06/2023

» Finance Minister Arkhom Termpittayapaisith has told the Securities and Exchange Commission (SEC) to take action regarding Stark Corporation's negative shareholder equity to protect investors' interests and build confidence.

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BUSINESS

Exim Bank promotes export credit policies

Business, Wichit Chantanusornsiri, Published on 22/06/2023

» Export-Import (Exim) Bank of Thailand advocates the use of export credit insurance to safeguard against non-payment risks from overseas buyers, says first vice-president Apinut Chatusripitak.

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BUSINESS

Arkhom urges tough action for troubled cable manufacturer

Business, Wichit Chantanusornsiri, Published on 23/06/2023

» Finance Minister Arkhom Termpittayapaisith says if any illegal activities are found in the probe of Stark Corporation shares, responsible agencies must prosecute the offenders.

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BUSINESS

Arkhom predicts low-growth year for Thai economy

Business, Wichit Chantanusornsiri, Published on 17/06/2023

» The Thai economic recovery this year is expected to be "low growth", says Finance Minister Arkhom Termpittayapaisith.

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BUSINESS

Exim Bank eyes green loans

Business, Wichit Chantanusornsiri, Published on 19/06/2023

» Export-Import (Exim) Bank of Thailand plans to expand its green loans to 50% of its total outstanding loan book within four years, in line with global environmental goals, says president Rak Vorrakitpokatorn.