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GH Bank to comply with BOT’s new regulations to help home buyers

BANGKOK (NNT) - The Bank of Thailand (BOT) has announced its decision to ease mortgage lending rules to help ...

Exports to Middle East performing well

BANGKOK (NNT) - The Ministry of Commerce reports that the value of Thai goods exported to the Middle East has continued to grow for a second month at 2.9 percent, with health products being the most popular item....

Finance Ministry unveils blockchain-based VAT refund service

BANGKOK (NNT) - The Ministry of Finance has launched a blockchain technology project to enable foreign travelers to claim value-added tax refunds via a mobile application. The move is expected to increase tourist spending in the country by...

Deputy PM Somkid: One trillion baht from state budget to stimulate…

BANGKOK (NNT) - The ongoing trade war between the United States and China and a delay in state spending have added uncertainty to the country’s economic outlook. Due to delays in both public and private investments, the Deputy...

2019 investment promotion requests exceed 750bn baht

BANGKOK (NNT) - Thailand remained an investment destination for international investors last year, as reflected in the overall value of investment promotion requests in 2019, released by the Board of Investment (BOI) today, which exceed a 750 billion...

Government ready to help debt-ridden farmers and fishermen

BANGKOK (NNT) - Deputy Prime Minister and Commerce Minister, Jurin Laksanawisit, has held a meeting with members of the Farmers Rehabilitation and Development Fund, the Thai Bankers’ Association and representatives of the agricultural sector to discuss assistance for...

OSMEP says Thai SMEs to grow in 2020

BANGKOK(NNT) - The Office of Small and Medium Enterprise Promotions (OSMEP) has reported that the Thai economy is showing positive signs in early 2020, as startup entrepreneurs are learning ways to apply innovations and technology to enhance their...

BOT orders banks to revise interest rates

BANGKOK(NNT) - Good news for the general public and SMEs as the Bank of Thailand (BOT) has ordered commercial banks to revise their interest rates, and the fees they charge for their financial products and services including ATM...