1 - 10 of 43 results by "Wichit Chantanusornsiri"

  1. 1. news | 14 Jun 2013

    Pridiyathorn: Nix high-speed rail scheme

    TRANSPORT

    By Wichit Chantanusornsiri, Newspaper section: Business

    » Former Bank of Thailand governor MR Pridiyathorn Devakula called for the government to abolish its planned development of four high-speed rail routes because it is not worth the investment costs.

  2. 2. opinion | 13 Jun 2013

    The awful truth about rice pledging will out

    COMMENTARY

    By Wichit Chantanusornsiri, Newspaper section: News

    » The controversial rice-pledging scheme has caused a bad stink. While there is escalating pressure for the government to clarify the scale of the losses suffered by the programme, following warnings by Moody's Investo...

  3. 3. business | 12 Jun 2013

    High-speed rail adviser appointed

    INFRASTRUCTURE

    By Wichit Chantanusornsiri, Newspaper section: Business

    » The Finance Ministry is set to appoint Boston Consulting Group (BCG) as an adviser to conduct a study of the most economically viable business model for the high-speed rail projects, says the permanent secretary.

  4. 4. business | 11 Jun 2013

    GSB seeks half of state water loans

    FINANCE

    By Wichit Chantanusornsiri, Newspaper section: Business

    » The state-owned Government Savings Bank (GSB) is eyeing a 50-60% share of the loans to fund 350 billion baht worth of water management projects, says president Voravit Chailimpamontri.

  5. 5. business | 10 Jun 2013

    Rice losses 'could top B300bn'

    By Wichit Chantanusornsiri, Newspaper section: Business

    » Potential losses from the government's rice-pledging scheme for four crops could exceed 300 billion baht, based on the accounting method of the Finance Ministry's subcommittee overseeing the programme's accou...

  6. 6. business | 08 Jun 2013

    Ministry investigates B2.6bn VAT fraud cases

    By Wichit Chantanusornsiri, Newspaper section: Business

    » The Finance Ministry has found reliable evidence of possibly fraudulent value-added tax (VAT) refunds worth 2.6 billion baht, says Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong.

  7. 7. business | 06 Jun 2013

    Man arrested in B3bn fake tax invoices

    By Wichit Chantanusornsiri, Newspaper section: Business

    » Economic crime police have arrested a suspect over counterfeit tax invoices worth an estimated 2.96 billion baht.

  8. 8. business | 05 Jun 2013

    GSB ponders cutting interest rates after MPC decision

    By Wichit Chantanusornsiri, Newspaper section: Business

    » The state-owned Government Savings Bank (GSB) has hinted it will slash its interest rates following last Wednesday's 25-basis-point cut in the policy rate by the central bank's Monetary Policy Committee (MPC).

  9. 9. business | 03 Jun 2013

    BAAC trims risk by lifting loan-loss provision to almost 500% of NPLs

    BANKING

    By Wichit Chantanusornsiri, Newspaper section: Business

    » The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has raised its loan-loss reserve coverage to 486% of non-performing loans (NPLs) to cushion against risk and strengthen its financial security.

  10. 10. business | 03 Jun 2013

    B2-trillion investment 'main driver'

    ECONOMY

    By Wichit Chantanusornsiri, Newspaper section: Business

    » The government's planned 2-trillion-baht infrastructure investment will be the main driver of economic growth over the next five or six years now that weak demand in the West has muddied the export outlook.

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