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B1 trillion to beat Omicron
News, Wichit Chantanusornsiri, Published on 03/12/2021
» The government will inject around one trillion baht into the economy next year to cushion against any volatility that may be caused by the Omicron variant of Covid-19, Finance Minister Arkhom Termpittayapaisith said on Thursday.
SME NPLs may reach 10% in year ahead
Business, Wichit Chantanusornsiri, Published on 29/11/2021
» Non-performing loans (NPLs) of small and medium-sized enterprises (SMEs) next year are expected to rise to 10% from 6% at present if relief measures by financial institutions are not extended from the end of this year, says Export-Import (Exim) Bank of Thailand president Rak Vorrakitpokatorn.
State mulls cut in import tax on EVs
Business, Wichit Chantanusornsiri, Published on 29/11/2021
» The Finance Ministry may consider lowering the import duty on electric vehicles (EVs) as part of the measures to promote the use of EVs, says a ministry source who requested anonymity.
Ministry ready to allot more funds if required
Business, Wichit Chantanusornsiri, Published on 30/11/2021
» The Finance Ministry stands ready to inject additional money to revive the economy if the Omicron coronavirus variant hits the country, said the Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
Arkhom vows to create jobs
Business, Wichit Chantanusornsiri, Published on 30/11/2021
» The government will introduce measures aimed at generating jobs and boosting income early next year, Finance Minister Arkhom Termpittayapaisith said on Monday.