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BUSINESS

SCB eager to usher in digital transformation

Business, Somruedi Banchongduang, Published on 04/06/2021

» Siam Commercial Bank (SCB) is planning new business strategies under what it calls the three generations of financial services, in preparation for a changing banking landscape in the post-Covid era.

BUSINESS

Asset warehouse scheme predicted in 2 months

Business, Published on 04/03/2021

» The asset warehousing programme is expected to be implemented in the next two months amid calls urging the Bank of Thailand to expand the assistance scope to cover low-cost airlines, says the Thai Bankers' Association (TBA).

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BUSINESS

TGH's chief takes firm to new terrain

Business, Somruedi Banchongduang, Published on 06/03/2021

» With a vision to fully digitise work operations and transform financial services to a new dawn of better services, SET-listed Thai Group Holdings Plc (TGH) has formulated clear development phases towards regional expansion under the helm of Thakorn Piyapan.

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BUSINESS

All eyes on next NBTC board

Business, Komsan Tortermvasana, Published on 08/03/2021

» With the new round of recruitment for the National Broadcasting and Telecommunications Commission (NBTC) board scheduled for this month, players in the telecom, broadcasting and innovation industries are monitoring the process as another derailment -- three times in three years -- could jeopardise previous plans put forward by the regulator.

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BUSINESS

Foreign e-service firms liable for VAT

Business, Wichit Chantanusornsiri, Published on 13/02/2021

» Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.

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BUSINESS

Medical upgrades urged

Business, Published on 05/12/2020

» Thailand needs to step up efforts in using research and smart technologies to support healthcare businesses to better compete with foreign countries if the country wants to become a medical hub in Asean.

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BUSINESS

NESDC's new head discusses path

Business, Chatrudee Theparat, Published on 14/10/2020

» Danucha Pichayanan, 50, became the new secretary-general of the National Economic and Social Development Council (NESDC) on Oct 1. His predecessor, Thosaporn Sirisamphand, retired on the first day of fiscal 2021.

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BUSINESS

BoT prepares year-end borrower relief

Business, Somruedi Banchongduang, Published on 14/10/2020

» The Bank of Thailand plans to implement an additional debt restructuring package using targeted measures to help borrowers during the pandemic as the second-phase debt relief scheme expires.

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BUSINESS

FTI chairman says economy's worst is past

Business, Ranjana Wangvipula, Published on 19/09/2020

» The Federation of Thai Industries (FTI) is trying to alleviate fears of a severe economic impact in the fourth quarter, arguing that Thailand is not facing the same uncertainties as it did during the first encounter with Covid-19 earlier this year.

BUSINESS

Delay in panel formation hampers preparedness for Personal Data Protection Act

Business, Suchit Leesa-nguansuk, Published on 23/09/2020

» The delay in the official endorsement of those sitting on the Personal Data Protection Committee is expected to hinder preparedness by the private and public sectors, which need guidelines to comply with the Personal Data Protection Act (PDPA).