Government will not relax LTV criteria, GH Bank to provide stimulus measures during Songkran
Krisada, the Deputy Minister of Finance, confirms that the BoT will not relax the LTV criteria, it will not be affected. He is confident that the government’s real estate stimulus measures will support the economy, along with setting aside GH Bank to organize donations for the people during Songkran. On April 11, 2024, Mr Kritsada […]
Political Shake-Up in Thailand: Changes in Ministers and Potential New Appointments in Settha 2 Cabinet
As for the Ruam Thai Sang Chart Party (RTC), there has been a change of ministers. The person who is likely to be removed from his position is Mr. Kritsada Chinawicharana Deputy Minister of Finance Mr. Anucha Nakasai Deputy Minister of Agriculture The replacement person could be Mr. Suchart Chomklin Leader of the Chonburi group, […]
Government Considers Extending Reduction in Diesel Tax to Ease Economic Strain
The Deputy Minister of Finance reveals that he is ready to consider extending the measure to reduce diesel tax by 1 baht/liter after it expires on April 19, 2024. The government is expected to lose 2 billion baht per month in revenue. Mr. Chulaphan Amornvivat, Deputy Minister of Finance It was revealed that the Ministry […]
Government Initiatives to Stimulate Real Estate Market and Provide Affordable Housing Opportunities: An Update by Mrs. Rudklao
Mrs said Rudklao Regarding the measures for the third phase of the Government Housing Bank (GH Bank) Million House Project, which states that loans can only be given to buyers of construction houses and that the maximum loan per person per collateral does not exceed 1.5 million baht, is expanded to a maximum price of […]
US Dollar Weakens Slightly Against Yen in Tokyo Market Amid Speculation of Japanese Intervention
The US dollar weakened slightly to the lower 151 yen range in the Tokyo market today (25 March) on expectations that the Japanese authorities will intervene in the foreign exchange market by buying yen. After Mr Masato Kanda, the Deputy Minister of Finance for Foreign Affairs from Japan It was emphasized this morning that appropriate […]
Will the central bank raise interest rates and decouple interest rates again? Ministry of Finance: Prudent Discussion | Industry and Economics | Central News Agency CNA
(Central News Agency reporter Zhang Ai, Taipei, 21st) The central bank announced a half-digit interest rate hike today, which will increase the pressure on mortgage borrowers. Once fully reflected, the interest rate on Xinqing’an mortgages will reach 1.9%. In the past, in order to reduce the burden on first-time homebuyers, Qingnan The interest rate does […]
Mobile Banking Makes Saving in 4 Banks Easier Than Ever – Don’t Miss Out on Savings Bonds 2024!
You can save through mobile banking in 4 banks. Savings bonds 2024, 5-year model, fixed interest rate 3.00% per annum, 10-year model, fixed interest rate 3.40% per annum. Many people are disappointed. Savings bonds were bought by the Ministry of Finance Wallet in fiscal year 2024 on the Paotang app on March 7, which was […]
Australia Announces Bold Tariff Removal Plan to Ease Cost of Living Burden
Australian authorities said today (March 11) they would remove import tariffs on nearly 500 products, including toothbrushes and toasters. basic equipment and clothing to remove burdensome regulations for businesses and ease the burden on households struggling with the rising cost of living. Mr. Jim Chalmers, Australia’s Minister of Finance stated in a statement that the […]
Israel’s Budget Deficit Rises to $29.4 Billion: Ministry of Finance
Israel’s Ministry of Finance said on Sunday (March 10) that the budget deficit for the 12 months ending in February has increased. (March 2023 to February 2024) has risen to a level of 29.4 billion US dollars. or accounting for 5.6% of gross domestic product (GDP). The budget deficit in that period increased by around […]
The Ministry of Finance announces the start of applications for the program for qualifying distinguished…
The Ministry of Finance announced the launch of the third edition of the “Qualifying the Distinguished” program, which aims to attract recent university graduates and academically qualified distinguished national cadres.This is to train them, develop their capabilities and expertise, and provide them with knowledge, in cooperation with the Ministry of Human Resources and Social Development, […]
