Showing 51 - 60 of 295
GSB set to launch digital loans in effort to lower rates
Business, Wichit Chantanusornsiri, Published on 04/04/2023
» Government Savings Bank (GSB) is set to launch a non-bank business to offer digital personal loans and digital nano-finance services in the third quarter of this year, with a view to pushing down interest rates in the market for both services by 5%, said president Vitai Ratanakorn.
GSB unit to offer service nationwide
Business, Wichit Chantanusornsiri, Published on 07/04/2023
» Mee Tee Mee Ngern, a Government Savings Bank (GSB) subsidiary, plans to offer its land collateral loan service nationwide in June this year, expanding from the 10 major provinces in which it operates at present, says chief executive Isara Wongrung.
Policy rate raised to 1.75%
Business, Wichit Chantanusornsiri, Published on 30/03/2023
» The Bank of Thailand hiked its policy rate by 0.25 percentage points yesterday for a fifth consecutive meeting in an attempt to tame inflation as the economic recovery gathers steam.
Sugary drinks keep their fizz despite tax
Business, Wichit Chantanusornsiri, Published on 27/03/2023
» The third stage of the excise tax hike for sugar-sweetened beverages comes into effect on April 1 after a six-month government postponement expires.
Ethanol tax incentives mulled
Business, Wichit Chantanusornsiri, Published on 20/03/2023
» The Finance Ministry stands ready to use tax measures to support the use of ethanol to produce bio-ethylene, a major feedstock used for making bio-based polyethylene, says a ministry source who requested anonymity.
Arkhom calms jitters
Business, Wichit Chantanusornsiri, Published on 23/03/2023
» Finance Minister Arkhom Termpittayapaisith has offered reassurance that Thai financial institutions will not be affected by the banking debacle in the US and Europe as local organisations have little exposure to such banks.
Arkhom cools concern
Business, Wichit Chantanusornsiri, Published on 09/03/2023
» The economy is not overheating and authorities can control inflation rates, says Finance Minister Arkhom Termpittayapaisith.
Latest loan guarantees aimed at SMEs
Business, Wichit Chantanusornsiri, Published on 11/03/2023
» State-owned Thai Credit Guarantee Corporation (TCG) plans to launch Portfolio Guarantee Scheme 10 (PGS10) later this month, aiming to help small and medium-sized enterprises (SMEs) access loan guarantees on a lower cost basis.
Revenue to launch AI to scrutinise taxes
Business, Wichit Chantanusornsiri, Published on 13/03/2023
» The Revenue Department is using artificial intelligence (AI) to examine tax payments, enabling deeper scrutiny and preventing tax evasion, says director-general Lavaron Sangsnit.
Arkhom pledges stability after poll
Business, Wichit Chantanusornsiri, Published on 16/03/2023
» The government is ready to take action, even in a caretaker position before the next administration takes power, should global volatility affect the country's economy or financial system, Finance Minister Arkhom Termpittayapaisith told reporters.