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LIFE

SME Bank to use big data analytics to assess risk

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

» The State Enterprise Policy Office (Sepo) has linked information about tap water and electricity consumption to big data analytics technology to allow the state-owned Small and Medium Enterprise Development Bank of Thailand (SME Bank) to better assess risks and make faster loan approval decisions.

BUSINESS

Reports coming for taxes

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

» The Revenue Department has amended the Revenue Code to require financial institutions, specialised financial institutions and electronic payment service providers to report those who deposit or provide at least 3,000 transactions a year.

BUSINESS

Exim to give B5bn boost to S-curve expansion

Business, Wichit Chantanusornsiri, Published on 05/04/2018

» The state-owned Export-Import Bank of Thailand (Exim Thailand) has earmarked a 5-billion-baht loan for investment in infrastructure projects and development of advanced production technology, innovation and S-curve industries.

BUSINESS

State Enterprise Policy Office to set up big data firm

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

» The State Enterprise Policy Office (Sepo) plans to form a fintech firm to sell big data analytics to specialised financial institutions (SFI), its chief says.

BUSINESS

Budget disbursement falls short of target

Business, Wichit Chantanusornsiri, Published on 10/04/2018

» State investment budget disbursement fell short of the target by nearly 12 percentage points to 31.3% during the first half of this fiscal year, says a senior official at the Comptroller-General's Department.

BUSINESS

Dawei road loan nears

Business, Wichit Chantanusornsiri, Published on 13/04/2018

» The Neighbouring Countries Economic Development Cooperation Agency (Neda) is about to approve a long-awaited road construction project linking Thailand and the Dawei deep-sea port in Myanmar.

BUSINESS

Students eyed in NSF member drive

Business, Wichit Chantanusornsiri, Published on 14/04/2018

» The National Savings Fund (NSF) plans to encourage employees working in the formal sector to apply for NSF membership, aiming to boost retirement savings among the workforce.

BUSINESS

PDMO eyes debt payment adjustment

Business, Wichit Chantanusornsiri, Published on 16/04/2018

» The Public Debt Management Office (PDMO) has proposed reworking the principal payment to at least 2% of the government debt obligation, aiming to pay it off within 50 years.

BUSINESS

Apisak says balanced budget targeted

Business, Wichit Chantanusornsiri, Published on 17/04/2018

» The government is taking aim at balancing the budget in the next decade, with minimum annual economic growth of 4% viewed as a key means of achieving that goal, says Finance Minister Apisak Tantivorawong.

BUSINESS

Anti-embezzlement pricing fixes due by year-end

Business, Wichit Chantanusornsiri, Published on 18/04/2018

» The revised reference prices to be used for future auctions to prevent embezzlement are expected to be completed this year.