Showing 1-10 of 34 results
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B500bn third stimulus package in store
Reuters, Published on 30/03/2020
» A new stimulus package to alleviate the impact of the coronavirus crisis will be worth more than 500 billion baht, the finance minister said on Monday.
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Uttama: More economic stimulus if needed
Reuters, Published on 29/08/2019
» The government is ready to add further fiscal support if a recently introduced stimulus package is insufficient, the finance minister said on Thursday, as the government tries to revive flagging domestic activity.
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Finance ministry cuts 2019 GDP growth forecast to 2.8%
Reuters, Published on 28/10/2019
» The finance ministry cut its 2019 economic growth forecast to 2.8% from the 3.0% it projected in August, due mainly to declining exports.
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Cabinet approves additional stimulus, targets 3% growth
Reuters, Published on 22/10/2019
» The cabinet on Tuesday approved an additional stimulus package valued at 5.8 billion baht and expects the economy to grow close to its target of 3%, finance minister Uttama Savanayana said, as it seeks to shore up a flagging economy.
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Asian markets track Wall St records on stimulus optimism
Reuters, Published on 08/02/2021
» Hopes that US lawmakers would pass President Joe Biden's huge stimulus package helped push Asian markets higher again Monday, while traders were also cheered by falling coronavirus infection rates and vaccine rollouts.
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Most SE Asia stocks rise on stimulus hopes, Malaysia leads
Reuters, Published on 27/05/2020
» Most Southeast Asian stock markets ended higher on Wednesday, led by Malaysia, on hopes of government stimulus measures to boost coronavirus-hit economies, while a drop in shares of the Singapore bourse operator dragged down its benchmark index.
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3% growth target set for this year
Reuters, Published on 16/08/2019
» The economy should expand by at least 3% this year and 3.5% next year, a government official said on Friday, after it announced a multi-billion-baht plan to shore up faltering activity.
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New Year spending seen at 3-year high - UTCC
Reuters, Published on 22/12/2022
» Thailand's consumer spending during the New Year could reach a three-year high of 103 billion baht (US$2.97 billion) as the economy continues to recover from the impacts of the Covid-19 pandemic, the president of the University of the Thai Chamber of Commerce (UTCC) said on Thursday.
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Q1 slump eases, but outlook cut as Covid woes linger
Reuters, Published on 17/05/2021
» Thailand's economy shrank in the first quarter as coronavirus outbreaks hurt consumption and tourism, but the fall was less than expected helped by stronger non-agricultural output and exports.
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Govt cuts economic outlook despite smaller Q4 GDP fall
Reuters, Published on 15/02/2021
» The government cut its estimate for economic growth this year to 2.5-3.5% after Thailand suffered its worst slump in more than two decades in 2020 due to the shock from the Covid-19 pandemic.
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