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THAILAND

B100m 'frozen in Thaksin's accounts'

News, Wichit Chantanusornsiri, Published on 12/07/2017

» The Revenue Department has so far frozen almost 100 million baht from former prime minister Thaksin Shinawatra's bank accounts over charges of tax evasion, according to a source from the department.

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BUSINESS

74.2% of budget for fiscal 2017 dished out

Business, Wichit Chantanusornsiri, Published on 12/07/2017

» State agencies doled out 74.2% of the budget for fiscal 2017 during the nine months to June, adding to signs that the disbursement target of 87% of the 2.73-trillion-baht budget will be achieved.

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BUSINESS

BoT: Baht a lesser influence on exports

Business, Wichit Chantanusornsiri, Published on 12/07/2017

» The purchasing power of major trade partners and production restructuring to keep up with demand are having larger effects on exports than the baht's movement, says a senior official at the Bank of Thailand.