Showing 1 - 10 of 537
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.
Tax-driven private investment jumps
Wichit Chantanusornsiri, Published on 11/01/2018
» Private investment under a tax incentive programme surged to 281 billion baht on the back of economic recovery, according to the Finance Ministry.
State enterprises revenue beats Q1 target
Wichit Chantanusornsiri, Published on 16/01/2018
» Revenue from state enterprises to state coffers in the first quarter of the fiscal year has outperformed the target set by the Finance Ministry.
Dormant account law details emerge
Business, Wichit Chantanusornsiri, Published on 24/01/2018
» A law on pooling money parked in bank accounts that have been dormant for at least 10 years into suspended Finance Ministry accounts will apply only to baht-denominated savings and current accounts of individuals, says an informed source at the Fiscal Policy Office (FPO).
GSB raises lending target by B83bn
Business, Wichit Chantanusornsiri, Published on 25/01/2018
» State-owned Government Savings Bank (GSB) aims to achieve an 83-billion-baht increase in its loans outstanding this year, while capping its bad loan ratio at 2.4%.
Three banks told to plug into database
Business, Wichit Chantanusornsiri, Published on 26/01/2018
» Deputy Prime Minister Somkid Jatusripitak has instructed Government Savings Bank (GSB), Krungthai Bank, and SME Development Bank to plug their databases into the big data analytics systems to design loan products that match the risk profile of each retail borrower.
Minimum wage deduction set to rise
Business, Wichit Chantanusornsiri, Published on 26/01/2018
» The Finance Ministry will soon seek cabinet approval to temporarily raise tax-deductible expenses for the minimum wage paid to employees to 1.15 times from 1 at present, an adjustment that can absorb employment costs of 9-10 baht a day per employee if it wins the nod, says Finance Minister Apisak Tantovorawong.
NSF hopes to add 700,000 members
Business, Wichit Chantanusornsiri, Published on 27/01/2018
» The National Savings Fund (NSF), a voluntary pension fund for self-employed workers, has maintained its ambitious target of more than doubling its members to 1.2 million this year.
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.
State to check on recipients trying to game the system
Business, Wichit Chantanusornsiri, Published on 01/02/2018
» The Finance Ministry will stop giving an additional living allowance to recipients who fail to take skill training programmes under the second phase of the government's aid scheme for the poor.