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TCG revises cap for bad loan cover
Business, Wichit Chantanusornsiri, Published on 22/06/2018
» State-owned Thai Credit Guarantee Corporation (TCG) plans to cap bad loan guarantee coverage at 24% of the portfolio guarantee scheme (PGS) 7, below 30% under the current regime as risks are expected to fall.
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NLA requires more time for land and buildings levy
Business, Wichit Chantanusornsiri, Published on 22/06/2018
» The National Legislative Assembly's (NLA) standing committee on the land and buildings tax needs more time to vet the organic law, says deputy finance minister Wisudhi Srisuphan, but he declined to specify whether the law's enforcement will meet the schedule set for January next year.
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