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BUSINESS

Two banks to offer B110bn in lending

Business, Wichit Chantanusornsiri, Published on 09/01/2018

» The second phase of the government's welfare and subsidy scheme, which will go before the cabinet for approval today, will contain a 110-billion-baht loan from two state-owned banks to allow the poor better access to financial sources, employment training and hopefully jobs.

BUSINESS

TCG plan to hike SME credit access

Business, Wichit Chantanusornsiri, Published on 09/01/2018

» The state-owned Thai Credit Guarantee Corporation (TCG) plans to extend its credit guarantee service for leasing and factoring offered by non-bank companies from this quarter, in a move to give small and medium-sized enterprises (SMEs) better access to finance.

BUSINESS

IBank close to choosing new partner

Business, Wichit Chantanusornsiri, Published on 29/01/2018

» State-owned Islamic Bank of Thailand (IBank) is expected to choose a new partner by the end of this quarter, a crucial step in its business rehabilitation plan.

BUSINESS

10,000 first cars to be unlocked

Business, Wichit Chantanusornsiri, Published on 02/02/2018

» The Excise Department will unlock ownership transfers of 10,000 cars bought under the first-time car buyer scheme and blocked by the Office of the Auditor-General (OAG) because they are pending excise tax refund inspections in the next few days.

BUSINESS

TCG targets B110bn for SME loan guarantees

Wichit Chantanusornsiri, Published on 10/02/2018

» Thai Credit Guarantee Corporation (TCG) aims to provide loan guarantees to small and medium-sized enterprises (SMEs) worth 110 billion baht this year.

BUSINESS

Under 10% of returns filed

Business, Wichit Chantanusornsiri, Published on 16/02/2018

» A meagre 1 million of 11 million individual taxpayers have filed personal income tax returns since the filing season started at the beginning of this year, the Revenue Department's chief says.

LIFE

E-business tax primed for scrutiny

Business, Wichit Chantanusornsiri, Published on 07/03/2018

» A draft bill on e-business tax, a levy on online purchases, advertisements and website rent in Thailand earned by operators with a presence outside the country, will go before the cabinet this month.

BUSINESS

First coins of Rama X readied for April debut

Business, Wichit Chantanusornsiri, Published on 08/03/2018

» The first coins and banknotes to circulate under His Majesty the King's reign are expected to be launched in April, says an informed source at the Finance Ministry.

BUSINESS

Trillions pledged in new collateral

Business, Wichit Chantanusornsiri, Published on 10/03/2018

» Collateral worth 4 trillion baht used in business operations has been pledged to secure loans since the Business Collateral Act went into force in 2016.

BUSINESS

TCG board sacks president Nitid

Business, Wichit Chantanusornsiri, Published on 31/03/2018

» The Thai Credit Guarantee Corporation (TCG) board has sacked Nitid Manoonporn from the post of president after he failed to pass a performance appraisal for the third time.