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OPINION

Act now on ageing society before it's too late

News, Wichit Chantanusornsiri, Published on 05/07/2018

» In the next three years, people aged over 60 in Thailand will account for 13.8 million, or 20% of the population. This means in a group of five, there will be one elderly person. In demographic science, a country where 20% of its people are aged 60 years old or higher is categorised as an ageing society.

BUSINESS

SME Bank readies B5.2bn NPL sell-off

Business, Wichit Chantanusornsiri, Published on 04/07/2018

» The state-owned Small and Medium Enterprise Development Bank of Thailand (SME Bank) plans to divest 5.2 billion baht worth of bad loans that cannot be restructured as part of efforts to bring its non-performing loan (NPL) ratio below 10%.

BUSINESS

Prayut eager for property tax

Business, Wichit Chantanusornsiri, Published on 27/06/2018

» Prime Minister Prayut Chan-o-cha wants lawmakers to pass a draft bill on the land and buildings tax under his regime, says Deputy Finance Minister Wisudhi Srisuphan.

BUSINESS

Launch mulled over for second TFF batch

Business, Wichit Chantanusornsiri, Published on 19/06/2018

» The government wants to launch the second batch of Thailand Future Fund (TFF) assets, with an estimated fundraising size of 100 billion baht as the infrastructure fund's first tranche is set to go public by September.

OPINION

Time for new chapter in tackling poverty

News, Wichit Chantanusornsiri, Published on 14/06/2018

» Over the past years the government has boasted of numerous economic advances, including an increase in GDP figures. Yet this does not necessarily bode well for its plan to tackle poverty. In fact, these achievements have exacerbated economic inequality, with farmers now marginalised at the bottom of the social spectrum.

BUSINESS

Revenue of state firms outperforms

Business, Wichit Chantanusornsiri, Published on 12/06/2018

» State enterprises contributed 25% more income than targeted during the eight months through May, says the chief of the State Enterprise Policy Office (Sepo).

BUSINESS

TFF poised to go public by September after review

Business, Wichit Chantanusornsiri, Published on 11/06/2018

» The delayed Thailand Future Fund (TFF), an infrastructure fund, is scheduled to go public by September at the earliest, says a senior official at the State Enterprise Policy Office (Sepo).

BUSINESS

PDMO says public debt under control despite spree

Business, Wichit Chantanusornsiri, Published on 07/06/2018

» The Public Debt Management Office (PDMO) insists that the country's ratio of public debt to GDP will not exceed 50% over the next 10 years, despite the government's hefty investment plan for big-ticket infrastructure development worth 2 trillion baht over the next 4-5 years.

BUSINESS

Sepo sell-off of foreclosed shares nears

Business, Wichit Chantanusornsiri, Published on 04/06/2018

» The State Enterprise Policy Office's plan to put the foreclosed shares of 24 unlisted companies on sale is expected to be finalised this month, Sepo's chief says.

BUSINESS

SME Bank looks to increase public service account share

Business, Wichit Chantanusornsiri, Published on 01/06/2018

» The state-owned Small and Medium Enterprise Development Bank of Thailand (SME Bank) aims to raise its lending ratio for public service accounts (PSAs) to 52% of its loan portfolio and cut its bad loans to 10% this year, says its chief.