Showing 1-10 of 11 results
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FPO slashes growth on energy outlook
Business, Wichit Chantanusornsiri, Published on 28/04/2022
» The Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja.
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Arkhom predicts two-year GDP recovery
Business, Wichit Chantanusornsiri, Published on 24/11/2020
» Thailand's economy will take at least two years to recoup the 9% of GDP lost to the pandemic crisis, says Finance Minister Arkhom Termpittayapaisith.
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Stimulus a band-aid for gaping wounds
News, Wichit Chantanusornsiri, Published on 28/11/2019
» Despite several "stimulus" measures launched by the government in the past year, the Thai economy is still being buffeted by the volatility of international trade. This year's growth projection has been adjusted to a level much lower than previous predictions due to a slowdown in exports, which account for 70% of the economy.
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Customs eager to extend pre-arrival processing
Business, Wichit Chantanusornsiri, Published on 28/08/2019
» The Customs Department intends to extend Pre-Arrival Processing (PAP) service, which transmits customs declarations and import documents to customs authorities electronically before the goods arrive in the destination country for cross-border land transport.
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Customs pins hopes on digital system
Business, Wichit Chantanusornsiri, Published on 25/05/2019
» The Customs Department has adopted the E-Coastal Trading System, aiming to streamline processes and facilitate trade convenience.
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Banking on young shoulders
Business, Wichit Chantanusornsiri, Published on 13/05/2017
» Chatchai Sirilai is the ultimate GH Bank lifer -- an anomaly in an industry where people frequently jump ship in order to advance their careers.
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Sad state of city buses holds back economy
News, Wichit Chantanusornsiri, Published on 06/04/2017
» "Please make room for other passengers," a middle-aged female bus conductor shouted across the cramped cabin of an air-conditioned Bangkok bus during the Monday morning rush hour.
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Customs to speed up import clearance
Business, Wichit Chantanusornsiri, Published on 19/02/2016
» The Customs Department is looking for ways to streamline the procedures to release imported goods from ports.
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Repaying rice scheme debt to take 7yrs
Business, Wichit Chantanusornsiri, Published on 17/09/2014
» Paying off the 705 billion baht debt incurred by the Pheu Thai Party-led government's rice-pledging scheme will take around seven fiscal years if the governments pays a flat amount of 131.3 billion baht each year, the state-backed farm bank's chief says.
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Go halal to lure wealthy Gulf visitors
Business, Wichit Chantanusornsiri, Published on 09/06/2014
» Thailand has high potential to offer halal tourism services to attract wealthy travellers from Muslim countries, given its rich choice of tourist destinations and quality food resources, says Islamic Bank of Thailand director Adisak Asmimana.
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