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Finance Ministry´s 2010 goal focuses on public services

BANGKOK, 28 December 2009 (NNT) – The Finance Ministry strives for stable and sustainable development of Thailand, aiming to steer forward the nation’s economy, says Finance Minister Korn Chatikavanij. Mr…

Budget deficit lower than targeted

BANGKOK, Dec 24 (TNA) – Finance Minister Korn Chatikavanij on Wednesday revealed the budget deficit for 2010 would be lower than 350 billion baht or 3 per cent of the…

Interest rate policy still unnecessary

BANGKOK, 22 December 2009 (NNT) — The Bank of Thailand is closely monitoring the economic situation to see if the interest rate policy is necessary to curb inflation. The Governor…

Banks target SMEs in loan lending

BANGKOK, 21 December 2009 (NNT) – Siam Commercial Bank (SCB) has set plans to lend more to Small and Medium Enterprises (SMEs) by using pricing strategies to attract them. SCB…

Finance Ministry considers new target on revenue collection in 2010

BANGKOK, 20 December 2009 (NNT) – The Ministry of Finance is considering an increased target of revenue collection of the Custom and Revenue Departments due to the global economic recovery…

Bangkok Bank: Thai econ to remain weak despite 3% growth

BANGKOK, 17 December 2009 (NNT) – Bangkok Bank has estimated the Thai economy next year to remain weak despite prospective growth of 3%. This is due to both domestic and…

Banker wants to see aid extension for real state

BANGKOK, 16 December 2009 (NNT) – Positive results in the real estate sector are anticipated if the government extends its tax measures to assist the business, says Kan Prajuabmoh, Managing…

IBANK helps relieve credit card debts

BANGKOK, 14 December 2009 (NNT) – The Islamic Bank of Thailand (IBANK) expresses its readiness to lend to credit card debtors who have earlier registered with banks under the government’s…

Over 200,000 participants join in informal debt refinancing scheme

BANGKOK, 13 December 2009 (NNT) – More than 200,000 debtors have registered for the government’s debt refinancing scheme. Bank for Agriculture and Agricultural Cooperatives (BAAC) President Luck Wajananawat stated that…

Informal debt refinancing applicants tops 125,000

BANGKOK, 12 December 2009 (NNT) – More than 125,000 people have signed up for the government informal debt refinancing program since the registration has been opened for seven days. Director…