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BUSINESS

TCG gives nod to B57bn in SME loan guarantees

Business, Wichit Chantanusornsiri, Published on 24/08/2020

» State-owned Thai Credit Guarantee Corporation (TCG) has approved 57 billion baht worth of loan guarantees for small and medium-sized enterprises (SMEs) qualified under the Bank of Thailand's soft loan scheme.

BUSINESS

SME soft loan conditions may be relaxed for better access

Business, Wichit Chantanusornsiri, Published on 18/08/2020

» The new economic team is preparing to amend the soft loan conditions for small and medium-sized enterprises (SMEs) to enable greater loan access and sustain jobs.

BUSINESS

Observation tower on shaky ground

Business, Wichit Chantanusornsiri, Published on 15/07/2020

» The Bangkok Observation Tower Foundation, formed by major private business groups, has notified the Treasury Department of its request to cancel the lease contract to develop the much-touted Chao Phraya riverside observation tower.

BUSINESS

15 days for BoT governor applications

Business, Wichit Chantanusornsiri, Published on 23/05/2020

» The application period for the next governor of the Bank of Thailand will last for 15 business days, from May 26 to June 16, and the shortlist of candidates will be concluded by July 2.

OPINION

Striving for a more balanced economy

Oped, Wichit Chantanusornsiri, Published on 14/05/2020

» In its bid to alleviate the economic damage from the coronavirus pandemic through the 1-trillion-baht borrowing scheme, the Prayut Chan-o-cha government aims to provide immediate relief to millions who are in trouble, and also restore the grassroots economy, with a view to better balancing the economic system, so it depends less on exports and tourism.

BUSINESS

Finance Ministry readies further aid

Business, Wichit Chantanusornsiri, Published on 10/04/2020

» The Finance Ministry is set to offer assistance to virus-hit groups that have yet to receive any relief from government measures, says the head of the Fiscal Policy Office (FPO).

THAILAND

Plans to hand out gel, alcohol

News, Wichit Chantanusornsiri, Published on 13/03/2020

» The Government Savings Bank (GSB) and the Excise Department are getting ready to distribute germ-killing products to the public this month to meet growing demand for alcohol and hand-sanitising gel in response to the Covid-19 outbreak.

BUSINESS

Managing public debt and personal time

Business, Wichit Chantanusornsiri, Published on 01/02/2020

» Although women are increasingly taking the reins at corporations, they still make up a small share of those occupying senior civil service positions. But Thai-Spanish Patricia Mongkhonvanit has managed to enter those ranks.

BUSINESS

State braced for budget bill delay

Business, Wichit Chantanusornsiri, Published on 23/01/2020

» The government is preparing a Plan B to brace for the possibility of a further delay in the 3.2-trillion-baht budget bill for fiscal 2020 after some members of parliament indicated they would vote in favour of the bill without being present in the chamber.

BUSINESS

Excise eyes levy on non-alcoholic beer

Business, Wichit Chantanusornsiri, Published on 02/01/2020

» The Excise Department is considering tariff rates on both non-alcoholic beer and non-beverage alcohol before forwarding the issue to the cabinet for approval by the second quarter of 2020.