Showing 71 - 80 of 121
State must prep 2020 budget
Business, Wichit Chantanusornsiri, Published on 04/09/2019
» The Comptroller-General's Department has urged state agencies with investment budgets to prepare a procurement process in advance to speed up fiscal 2020 budget disbursement once the budget law comes into force.
Budget spending surpasses state target
Business, Wichit Chantanusornsiri, Published on 22/08/2019
» Public investment budget disbursement has surpassed the target by three percentage points for the 10 months through July, according to the Comptroller-General's Department.
Uttama buys time to consider Fetco proposal
Business, Wichit Chantanusornsiri, Published on 08/08/2019
» The Finance Ministry remains undecided on a new investment fund that provides income tax savings, as proposed by the Federation of Thai Capital Market Organizations (Fetco).
Good governance sorely lacking at state-run banks
News, Wichit Chantanusornsiri, Published on 25/07/2019
» During parliamentary debates on the Prayut Chan-o-cha government's policy statement, scheduled for tomorrow and Friday, the state-run Krung Thai Bank's (KTB) 9.9-billion-baht loan scandal will likely be taken up by the opposition targeting one cabinet member, Finance Minister and Palang Pracharath Party (PPRP) leader Uttama Savanayana. When the loan was approved in 2003, Mr Uttama was an executive board member of the bank.
Cheaper loans offered for single financial accounts
Business, Wichit Chantanusornsiri, Published on 02/07/2019
» The state-owned Small and Medium Enterprise Development Bank (SME D Bank) is offering the country's lowest-rate loan at 3% interest to SMEs that use a single financial account, aimed at encouraging compliance with the scheme.
Facebook's Libra may qualify for withholding tax
Business, Wichit Chantanusornsiri, Published on 28/06/2019
» Facebook's Libra traders will be liable for a 15% withholding tax if the Securities and Exchange Commission (SEC) identifies the stablecoin as a digital asset, says the head of the Revenue Department.
GSB, GH Bank to fund cheap house project
Business, Wichit Chantanusornsiri, Published on 18/06/2019
» State-owned Government Savings Bank (GSB) and GH Bank will jointly extend pre- and post-financing worth 4 billion baht for five low-cost residential projects under the Pracharath Thai housing scheme.
Renewal of LTF perks on the table
Business, Wichit Chantanusornsiri, Published on 17/06/2019
» The Fiscal Policy Office (FPO) may renew tax benefits for long-term equity fund (LTF) contributions, set to lapse at year-end, if the funds can be used to reduce income disparity and raise cash for big-ticket infrastructure investment.
State Enterprise Policy Office prepares SOE blueprint
Business, Wichit Chantanusornsiri, Published on 14/06/2019
» The State Enterprise Policy Office (Sepo) plans to propose a five-year development plan for state-owned enterprises (SOEs) once the new government takes office.
New government faces tough policy choices
Business, Wichit Chantanusornsiri, Published on 12/06/2019
» More than 100 billion baht a year is needed to fund welfare schemes vowed by the new government, according to Fiscal Policy Office (FPO) estimates.