Showing 41 - 50 of 295
Targeted approach utilised for aid
Business, Wichit Chantanusornsiri, Published on 02/05/2023
» The Finance Ministry has continued to maintain its targeted fiscal policy, including the provision of financial aid directly to specific groups, helping the country save on budget spending, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
BAAC set for 2% farm loan growth
Business, Wichit Chantanusornsiri, Published on 03/05/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) expects its loans to farmers in fiscal 2023 to expand by 2% from the previous year, says executive vice-president Paisan Hongtong.
Ministry sets targets for tax reform
Business, Wichit Chantanusornsiri, Published on 05/05/2023
» The Finance Ministry has set four targets for tax reform, aiming to boost revenue to cover expenses and deal with future economic uncertainties, says Fiscal Policy Office director-general Pornchai Thiraveja.
Baht all safe and sound
Business, Wichit Chantanusornsiri, Published on 24/04/2023
» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.
Government bonds worth B40bn readied
Business, Wichit Chantanusornsiri, Published on 27/04/2023
» The Public Debt Management Office (PDMO) plans to offer government savings bonds worth 40 billion baht next month, according to deputy director-general Jindarat Viriyataveekul.
IBank targets fewer NPLs
Business, Wichit Chantanusornsiri, Published on 25/04/2023
» The Islamic Bank of Thailand (IBank) aims to reduce its non-performing loans (NPLs) to 8 billion baht this year, from the current level of 13 billion baht, by helping its major corporate customers restructure their debt, says the bank's president Thaweelap Rittapirom.
Thai growth slashed based on weak exports
Business, Wichit Chantanusornsiri, Published on 26/04/2023
» The Fiscal Policy Office (FPO) has downgraded its forecast for Thai economic growth this year to 3.6% from 3.8%, mostly based on expectations of an export contraction.
E-donations to be given tax cut priority
Business, Wichit Chantanusornsiri, Published on 11/04/2023
» Donations to education, sports and social development will only gain a double tax deduction if they are made via an electronic channel, said Vinit Visessuvanapoom, deputy director-general of the Revenue Department.
Excise Department hopeful about rearranging tax structure
Business, Wichit Chantanusornsiri, Published on 12/04/2023
» The Excise Department plans to overhaul the tax structure to make it fairer and align it with the current environment, says deputy director-general Kriengkrai Pattanaporn.
Excise Department sees year-on-year revenue dip
Business, Wichit Chantanusornsiri, Published on 01/04/2023
» The Excise Department collected 198 billion baht in revenue during the first five months of fiscal 2023, down from 230 billion during the same period last year, attributed to the continued diesel excise tax cut, according to deputy director-general Kriengkrai Pattanaporn.