Finance News – Bringing you the latest Finance news, headlines, updates, GDP, interest rates and tax from Thailand and around the globe.
Different Types Of Finance
Finance is characterized as money management and involves activities such as investment, borrowing, lending , budgeting , saving and forecasting.
There are three main forms of finance:
(1) Private
(2) Business
(3)Public / Government
Personal finances:
Personal finance is the method of planning and handling personal financial activities such as income generation, spending, savings, investment and security. The method of handling one’s personal finances can be outlined in either a budget or a financial plan.
Corporate Finance:
Corporate finance deals with the financial structure of a corporation, including its funding, and the management measures taken to maximize the value of the corporation. Corporate finance also includes tools and analysis used to prioritize and distribute financial resources.
The primary aim of corporate finance is to optimize the value of a company by managing and executing management tools while balancing risk and productivity.
Public-Government Finance:
Public finance is the control of the revenue, expenditure and debt burden of a country by various government and quasi-government institutions. This guide provides an overview of how public finances are managed, what the different components of public finance are, and how to easily understand what all the numbers mean. The financial condition of a country can be measured in much the same way as the financial statements of a company.
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The Bank of Thailand has expressed some concern about a recent rapid currency appreciation and added that it was prepared to take measures to curb a...
Thai Airways International (THAI) has agreed to suspend flights by the airline for another month and to retain wage cuts after the Covid-19 outbreak, according to...
Those who bought tickets through Thai Airways International Plc (THAI) and then canceled or postponed due to the Covid-19 pandemic, may not be getting a refund...
Thailand may face job losses of up to two million in a scenario that resembles the Asian Financial Crisis of over 20 years ago. About 8.4...
Veerathai Santiprabhob, the governor of Bank of Thailand, has announced that he will not seek a second 5 year term for “family reasons.” His departure, announced...
The Thai baht opened at 31.84 to the US dollar on Thursday (May 21) morning, weakening from Wednesday’s close at Bt31.82. The Thai currency is expected...
Government spokeswoman Narumon Pinyosinwat has confirmed the plan for Thai Airways saying that the airline is expected to file for bankruptcy tomorrow. “The State-Enterprise Planning Office...
For the first time since 2014, Thailand’s economy has officially shrunk by 1.8%. According to the National Economic and Social Development Council (NESDC), data from January-March...
Despite being hit less hard by Covid-19 than other advanced countries, Japan’s economy has fallen into a recession just five years after recovering from its last...
With the majority of tourism operators losing 80 to 90 percent of their income, Thailand’s tourism companies are likely to face tough times in the coming...
The Finance Minstiry of Thailand will finalize a plan to support small businesses but the verification process may be delayed. Deputy Prime Minister Somkid Jatusripitak noted...
