Friday, 22 September 2017
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thailand - Banking & Finance - News

Government to take Legal Measures against Loan Sharks

SUPANBURI, 18 September 2017 (NNT) - The government will take legal action against loan sharks who may have failed to conform to a formal lending system, while debtors were encouraged to register for the government's refinancing project, said Deputy Finance Minister Wisudhi Srisuphan.
Date: 18 September 2017; Type: Legal News; Source: National News Bureau of Thailand

Commerce Ministry plans to cut Logistic Costs to 12% of GDP

NONTHABURI, 11 September 2017 (NNT) - The Ministry of Commerce plans to cut the costs of logistic systems to 12 percent of the country's Gross Domestic Product, said Deputy Commerce Minister Sontirat Sontijirawong.
Date: 11 September 2017; Type: Legal News; Source: National News Bureau of Thailand

NLA Members to deliberate Draft Amendment of Public Debt Management Act on September 14

BANGKOK, 10th September 2017 (NNT) - Members of the National Legislative Assembly are set to deliberate a draft amendment to the law governing the country’s public debt management this week.
Date: 10 September 2017; Type: Legal News; Source: National News Bureau of Thailand

NLA welcomes Public Opinions on Draft Fintech Act

BANGKOK, 6th September 2017 (NNT) - The National Legislative Assembly (NLA) says people can now voice their opinions of the draft Financial Technology Act, commonly known as the Fintech Bill, via the Secretariat of the Senate’s website.
Date: 06 September 2017; Type: Legal News; Source: National News Bureau of Thailand

NLA approves Government Budget for Fiscal 2018

BANGKOK, 31st August 2017 (NNT) - The National Legislative Assembly has approved the proposed government budget for the next fiscal year, which starts in October.
Date: 31 August 2017; Type: Legal News; Source: National News Bureau of Thailand

Cabinet approves Budget for 11 Agricultural Projects

BANGKOK, 29 August 2017 (NNT) - The Cabinet has earmarked a budget of over 2 billion baht from the emergency reserve fund for the implementation of 11 projects proposed by the Ministry Agriculture and Cooperatives.
Date: 29 August 2017; Type: Legal News; Source: National News Bureau of Thailand

Revision of Bills to facilitate Electronic Transactions tabled by Experts

BANGKOK, 11 August 2017 (NNT) - A seminar has been held for experts to brainstorm ideas regarding possible amendments to two draft laws which would boost the country’s business potential in the 4.0 era.
Date: 11 August 2017; Type: Legal News; Source: National News Bureau of Thailand

Cabinet approves 2017 Rice Season Insurance Program

BANGKOK, 27th June 2017 (NNT) - The Cabinet has approved the 2017 rice season insurance program with an expected budget of 1.814 billion baht.
Date: 27 June 2017; Type: Legal News; Source: National News Bureau of Thailand

Cabinet approves Increased Central Budget to strengthen National Economy

BANGKOK, 27 June 2017 (NNT) - The cabinet has approved additional funding in the 2017 central budget to strengthen the national economy.
Date: 27 June 2017; Type: Legal News; Source: National News Bureau of Thailand

NLA ready to debate 2018 Fiscal Budget Law

BANGKOK, 18th June 2017 (NNT) - The National Legislative Assembly is ready to debate the draft 2017 fiscal budget law.
Date: 18 June 2017; Type: Legal News; Source: National News Bureau of Thailand

Health Ministry: All Rights to be intact under New Health Insurance Act

BANGKOK, 13 June 2017 (NNT) - The Ministry of Public Health has assured that its new national health insurance bill is to make access to healthcare easier for citizens and that existing rights under the act will not be stripped away.
Date: 13 June 2017; Type: Legal News; Source: National News Bureau of Thailand

Finance Minister named Chairman of 2018 Budget Act Vetting committee

BANGKOK, 10th June 2017 (NNT) - The 2018 Budget Act Vetting Committee has named Apisak Tantivorawong its chairman. The committee is scheduled to meet on Monday.
Date: 10 June 2017; Type: Legal News; Source: National News Bureau of Thailand

General Prayut orders Provincial Committees to review Budget Plans

BANGKOK, 10th June 2017 (NNT) - Prime Minister Gen Prayut Chan-ocha has ordered the Integrated Provincial Administration Committees to review their budget management plans to make all levels of policy implementation correlate with one another.
Date: 10 June 2017; Type: Legal News; Source: National News Bureau of Thailand

Finance Ministry to summarize State Benefits for low-income Earners

YANGON, 9 June 2017 (NNT) - The Ministry of Finance has planned to complete a list of welfare benefits for low-income earners within a month, while the Prime Minister has been concerned for those earning less than 30,000 baht per year.
Date: 09 June 2017; Type: Legal News; Source: National News Bureau of Thailand

PM explains 2018 Budget to NLA

BANGKOK, 8 June 2017 (NNT) - The National Legislative Assembly (NLA) has considered the Fiscal Year 2018 Central Budget Bill set at 2.9 trillion baht, with the Prime Minister assuring its disbursal will be for the strengthening of all sectors and progress of the national development plan.
Date: 08 June 2017; Type: Legal News; Source: National News Bureau of Thailand

Finance Ministry to approve First Set of Low-Income Welfare

BANGKOK, 7 June 2017 (NNT) - The Ministry of Finance will review the first round of welfare benefits for low-income earners, which have been approved by the Fiscal Policy Office and the Comptroller’s General Department.
Date: 07 June 2017; Type: Legal News; Source: National News Bureau of Thailand

NLA: 2018 Budget Bill to consider Best Interest of the Country

BANGKOK, 5th June 2017 (NNT) - The National Legislative Assembly has assured the people that the 2018 budget bill will be drafted in the best interests of the country.
Date: 05 June 2017; Type: Legal News; Source: National News Bureau of Thailand

NLA to deliberate on 2018 Fiscal Budget this Thursday

BANGKOK, 5 June 2017 (NNT) - The National Legislative Assembly (NLA) is scheduled to deliberate upon the 2018 fiscal budget on June 8 to ensure proper budget allocation according to the 20 year national strategic plan.
Date: 05 June 2017; Type: Legal News; Source: National News Bureau of Thailand

Cabinet relaxes Criteria for Home Loan Programs

BANGKOK, 18 April 2017 (NNT) – The Cabinet has agreed to adjust the criteria for the two state-run housing projects in a bid to expand their coverage to more low-income earners.
Date: 18 April 2017; Type: Legal News; Source: National News Bureau of Thailand

Industry Updates

ASEAN, Dialogue Partners hope for End of Marawi Conflict Soon

MANILA - The ASEAN member states and its dialogue partners are hoping that the more than three-month fighting in Marawi be resolved soon.

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ASEAN Public Relations strengthen Regional Structure

Badung, Bali (ANTARA News) - Public relations and communication are keys to obtain public understanding and participation in order to strengthen the regional organization's position at the global level, Director General of Public Information and Communication at the Ministry of Communications and Information Technology, Rosarita Niken Widiastuti, stated here on Wednesday.

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OSMEP recognizes Hundreds of SMEs for Outstanding Work

BANGKOK, 21 September 2017 (NNT) - The Office of Small and Medium Enterprise Promotion (OSMEP) has held a ceremony to offer accolades to SME operators from across the country who have been successful in business.

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Labor Minister orders Investigation into Complication of employing Highland People

BANGKOK, 21 September 2017 (NNT) - The Minister of Labor has instructed Labor Ministry officials to investigate into the claim that employers do not receive convenience on submitting work permit application for highland people.

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Malaysia-Thailand to ink MoU on Security Cooperation

BANGKOK, Sept 20 (Bernama) - There will be closer security cooperation between Malaysia and Thailand with the establishment of a Joint Committee on Security Cooperation, according to a cabinet resolution document released by the Thai government.

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Government reveals Aims of Mobile Cabinet Meeting

SUPHAN BURI, 18 September 2017 (NNT) - The Prime Minister has led his Cabinet on a retreat in the central region, aiming to foster development and connectivity between the country’s two oceans.

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ASEAN enhances Coordination to tackle Cyber Threats

SINGAPORE, Sept 18 (Bernama) - ASEAN member states have agreed on the importance of enhancing coordination to ensure that its cybersecurity efforts across various platforms in countering increasingly sophisticated cyber threats are focused, effective and in synergy with one another.

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NLA Committee on Legal Affairs gets Update on Subcommittees’ Works

BANGKOK, 17th September 2017 (NNT) - The National Legislative Assembly committee on legal affairs has been updated on the progress of all plans implemented by its subcommittees.

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Legislators urged to adopt Information Technology

BANGKOK, 17th September 2017 (NNT) - The National Legislative Assembly (NLA) is keen to integrate digital and information technology into its work to increase efficiency and productivity.

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ASEAN to promote Trade with Russia and EAEU

Jakarta (ANTARA News) - ASEAN Economic Ministers agreed to expand trade with Russia and those grouped in the Eurasian Economic Union (EAEU).

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Cabinet approves Capital Market Development Plan

BANGKOK, 13 September 2017 (NNT) - The cabinet approved a third development plan for capital markets as an economic driving force.

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Conclusion of the ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA) and the ASEAN-Hong Kong, China Investment Agreement (AHKIA)

The Economic Ministers of ASEAN and Hong Kong, China (HKC) announced the conclusion of the ASEAN-HKC Free Trade Agreement (AHKFTA) and the ASEANHKC Investment Agreement (AHKIA) at the Second ASEAN Economic Ministers (AEM)-HKC Consultations held on 9 September 2017 in Pasay City, the Philippines.

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