FTI approves renewal of 57 controlled goods and services for another year

House of Representatives, The Central Committee on Prices of Goods and Services (CDC) has agreed to renew 57 controlled goods and services for another year, along with canceling the measure to set the price of sugar at the factory as proposed by Sor….


House of Representatives, The Central Committee on Prices of Goods and Services (CDC) has agreed to renew 57 controlled goods and services for another year, along with canceling the measure to set the price of sugar at the factory as proposed by Sor. but not yet. Remain a controlled product as before.

Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce Revealed after chairing the meeting of the Central Committee on Prices of Goods and Services (CDC) No. 2/2024 along with Mr. Wattanasak Sueaiam, Director-General of the Department of Internal Trade and representatives of relevant agencies. At Command Building 1, Floor 3, Room 302, Government House, yesterday evening (June 11, 2024), the meeting resolved to renew all 57 controlled goods and services in 11 categories for another year in order to maintain supervision. neatly according to the intent of the law The Act on Prices of Goods and Services, B.E. 2542, which sets out measures to control the quantity and price of 11 categories of good
s and services, consisting of: 1. Paper and products 2. Transport equipment 3. Agricultural factors 4.Petroleum products 5. Earth medicine and medical supplies 6. Construction materials 7.Important agricultural products 8. Consumer products 9. Food 10. Others 11. Services

In addition, the meeting resolved Agreed to cancel the measure to set the price of sugar at the factory as proposed by the Office of the Cane and Sugar Board (Sor.) because the situation is starting to return to normal. But it is still a controlled product as before. If necessary, measures can be determined to supervise it. After this, the matter will be brought to the Cabinet meeting. To renew the list of controlled goods and services for another year.

In addition, the meeting agreed to display the selling prices of products and services at the point of sale in 3 channels: 1. Offline channels, 290 items (240 products, 50 services) 2. Online channels 3. Measures for displaying purchase prices. 33 agricultural products to prevent exploitati
on.

Source: Thai News Agency

Krungsri expects the MPC to hold interest rates at 2.50% until the end of 2024.

Bangkok, Krungsri Global Markets Indicates that the value of the baht has moved slightly to 36.70 baht/US dollar after the MPC maintained interest rates. It is expected that the MPC will hold interest rates at 2.50% until the end of 2024.

Global Mar…


Bangkok, Krungsri Global Markets Indicates that the value of the baht has moved slightly to 36.70 baht/US dollar after the MPC maintained interest rates. It is expected that the MPC will hold interest rates at 2.50% until the end of 2024.

Global Markets Group Bank of Ayudhya Public Company Limited revealed that after the committee Monetary Policy (MPC) by the Bank of Thailand (BoT) voted 6 to 1 to maintain the policy interest rate at 2.50% per year. It was found that after the announcement of maintaining the interest rate The baht moved slightly to 36.70 baht per US dollar. Overall this year, the value of the baht has weakened by 7.3%, which the MPC stated that the baht has weakened relative to the dollar. This is a result of expectations about the Fed’s monetary policy outlook. and domestic factors

The next meeting of the Monetary Policy Committee will take place on August 21, 2024. From the attitude of this meeting, A majority of the Committee viewed that the current level of the policy interest rate was
consistent with economic growth and inflation trends. including long-term economic and financial stability Meanwhile, we will keep a close eye on the recovery of the export sector and various government measures, reinforcing the implementation of monetary policy in an Outlook Dependent manner, which supports Krungsri’s view. Global Markets said the MPC will hold the policy interest rate at 2.50% for the rest of this year. If various trends do not change significantly.

Source: Thai News Agency

TCG responds to government measures with a guarantee limit of 50,000 million baht to support SMEs.

Bangkok, TCG responds to government measures. Moving forward with the PGS Guarantee Project, Phase 11, with a credit limit of 50,000 million baht, supporting vulnerable groups – BCG is confident in helping more than 77,000 entrepreneurs get loans, re…


Bangkok, TCG responds to government measures. Moving forward with the PGS Guarantee Project, Phase 11, with a credit limit of 50,000 million baht, supporting vulnerable groups – BCG is confident in helping more than 77,000 entrepreneurs get loans, ready to launch a campaign to waive credit guarantee processing fees at the Thai SME Empowerment Expo, 19-23 June. This is

Mr.

Sittikorn Direksuntorn, Director and General Manager . The Small Industry Credit Guarantee Corporation (TCG) revealed that the Cabinet meeting on June 11, 2024 resolved to approve the PGS Credit Guarantee Project, Phase 11 (TCG Sustainable SMEs), with a credit limit of 50,000 million baht. Guarantee fees Average not more than 1.75% per year throughout the project. Free initial fee for the first 2 years (government support) to help SMEs gain easier access to capital, confident in helping more than 77,000 SMEs get loans, stimulating the economy through a loan guarantee mechanism. Reduce financial risk and access loans in the system Accordin
g to government policy, add funds to SMEs for sustainability under this project.

Aiming at 4 main target groups: 1. Vulnerable groups 2. Environmentally friendly business group (BCG), 3. New entrepreneur group/New Gen (NEW GEN), and 4. IGNITE THAILAND group covering legal entities. and individuals and small groups (Micro SMEs) who lack collateral or insufficient collateral. This project aims to increase liquidity. and reduce financial costs It is expected to stimulate the overall economy and create more than 60,000 million baht in loans, generate more than 200,000 million baht in economic benefits, and create more than 300,000 jobs. After this, TCG will expedite the signing of the memorandum. Cooperation agreement between TCG and partner financial institutions to continue accepting applications for loan guarantees

Recently, TCG has prepared a campaign for SME entrepreneurs at the Thai SME Power Expo organized by the Ministry of Commerce. Between 19-23 June 2024 at Queen Sirikit National Convention Center. E
xcept for the guarantee processing fee Loan Guarantee Project For each financial institution, Phase 7 is for the first 200 SMEs attending the event who submit a guarantee request by September 30, 2024, along with providing financial advice. Invest in a franchise Special rate loan guarantee Preparing for loan applications throughout the event. In addition, TCG has increased convenience for SME entrepreneurs to come in and check their financial health. Ready to book an appointment to receive free financial consultation! At LINE OA TCG First: @tcgfirst or call for more details at TCG Call Center Tel. 02-890-9999.

Source: Thai News Agency

OIC opens license issuance system ‘Agent-Broker-Casualty Assessor’ through E-Licensing

Bangkok, The OIC opens the licensing system. ‘Agent-Broker-Casualty Assessor’ through E-Licensing

The Office of the OIC recognizes the importance of changes in the modern world with behavioral changes in daily life. By applying technology to be able…


Bangkok, The OIC opens the licensing system. ‘Agent-Broker-Casualty Assessor’ through E-Licensing

The Office of the OIC recognizes the importance of changes in the modern world with behavioral changes in daily life. By applying technology to be able to work anywhere, anytime and on any device. In order to increase efficiency in the agent licensing service system. insurance broker and casualty assessors, the OIC has developed a platform Insurance agent/broker licensing service system and casualty assessors electronically (E-Licensing) fully integrated by applying technology to be able to link together the OIC Office’s database system related to insurance intermediaries, such as training information, examination information, financial systems, and linking with the base system. Other external government data such as population registration data with the Department of Provincial Administration Legal entity registration information with the Department of Business Development To reduce steps and increase flexibil
ity and accuracy in the work process between departments.

E-Licensing is the development of work processes. Since providing information Applying for a license Requesting license renewal The delivery of information as required by the Office of the OIC is expeditious. Including paying fees with more convenience The objective is to support the modification of the process related to the licensing of insurance intermediaries. And it facilitates insurance intermediaries to submit applications and/or documents in electronic form. The E-Licensing system can provide services through web applications and mobile applications. Chan (Mobile Application)

In addition, the general public can access information of insurance intermediaries that have been licensed by the registrar in a complete, accurate, and convenient manner. You can check the information of the insurance middleman through the website by yourself, such as the license information of the insurance middleman. License status Name of the seller’s agency, etc.

A
t present, the OIC Office has activated the E-Licensing system. From January 2, 2024, in terms of methods of use and channels of use through the said E-Licensing system, insurance intermediaries Insurance companies and the public can study additional details from the user manual and video clips introducing various uses, as well as public relations documents. At the OIC Office website (www.oic.or.th), OIC Office Facebook (oicthailand), Mobile Application (OIC middleman For Sure), Line Official (@oicconnect) and OIC hotline 1186.

Source: Thai News Agency

BoT orders UOB to expedite resolution of customer data transfer problem from Citibank

Bangkok, The BoT orders UOB to expedite solutions to the problem of transferring customer data from Citibank, canceling the payment apportionment system. By the end of June, contact center employees will be added.

Miss Suwanee Jesadasak, Assistant G…


Bangkok, The BoT orders UOB to expedite solutions to the problem of transferring customer data from Citibank, canceling the payment apportionment system. By the end of June, contact center employees will be added.

Miss Suwanee Jesadasak, Assistant Governor Financial Institution Supervision Line The Bank of Thailand (BOT) revealed that the BoT has instructed UOB to closely follow up on progress in resolving problems that arose after the data transfer from Citibank and urged UOB to expedite. Solve problems that occur Both in terms of providing contact center services that are difficult to contact. Problems from using the UOB TMRW App and problems from the automatic payment allocation system of UOB Bank. The bank has hastened to correct this by canceling the payment apportionment system. By the end of June, customers will be able to choose to pay the balance on each card according to their needs. As for the interest incurred from this problem, the bank will waive it for customers. Customers therefore do not ne
ed to take any action. UOB has already started communicating the cancellation of the said system on the bank’s social media platform. and will gradually send direct messages to customers via SMS.

As for the case of the UOB contact center that is difficult to contact, The bank has greatly increased the number of employees. To answer questions and recommend solutions to problems for customers through various channels, the BoT holds weekly meetings to follow up on progress with the bank.

However, if customers still encounter problems, they can file a complaint through the UOB contact center. Or make a complaint through the BoT at number 1213.

Source: Thai News Agency