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Search Result for “$8 billion”

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THAILAND

Old rice safe but infested with dead bugs

Post Reporters, Published on 20/05/2024

» The Commerce Ministry's controversial stock of old, fumigated rice is safe to eat but must first be cleaned of all the dead bugs infesting it, according to the Dept of Medical Sciences.

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GENERAL

Govt plans to increase budget by B122bn to fund handout scheme

Reuters, Published on 20/05/2024

» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.

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GENERAL

Q1 GDP grows 1.5% y/y, above forecast

Published on 20/05/2024

» Thailand's economy expanded 1.5% in the first quarter from a year earlier, official data showed on Monday, beating analysts' expectations.

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GENERAL

Gearing up for the new economy

Lamonphet Apisitniran, Published on 20/05/2024

» Business challenges have prompted the Federation of Thai Industries (FTI) to come up with new projects, hoping to strengthen local entrepreneurs.

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THAILAND

Lab tests show rice 'edible'

Chairith Yonpiam, Published on 20/05/2024

» The government will proceed with its plan to auction off the rice from Yingluck Shinawatra's pledging scheme that had been stored in two warehouses in Surin for 10 years, after a laboratory test result showed that the rice is still safe for consumption.

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PROPERTY

Anticipated rate cut expected to bolster residential market

Kanana Katharangsiporn, Published on 20/05/2024

» The expected dip in interest rates by 25 percentage points in the second half this year is expected to help the residential market, resulting in projected growth of 5.5%, in contrast with a decline of 0.7% without a rate cut.

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OPINION

Thailand's cannabis U-turn is a cautionary tale

News, Published on 20/05/2024

» Turns out you can have too much of a good thing. Earlier this month, Prime Minister Srettha Thavisin ordered a U-turn on the country's landmark cannabis policy, saying the plant should be soon classified as a narcotic again and its use limited to medical and health purposes.

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THAILAND

Push to sell old rice raises questions

Published on 19/05/2024

» Critics have slammed the government's plan to sell decade-old rice, accusing it of attempting to whitewash the loss-ridden rice-pledging scheme of former prime minister Yingluck Shinawatra's administration.

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WORLD

Ukraine struggles to hold eastern front

Published on 18/05/2024

» DONETSK REGION, Ukraine - For Ukrainian gun commander Oleksandr Kozachenko, the long-awaited US ammunition can’t come fast enough as he and his comrades struggle to hold off relentless Russian attacks.

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THAILAND

Maybe it’s time to move on

News, Published on 18/05/2024

» The recent cabinet reshuffle, dubbed Srettha 1/1, has left three loyal veterans of the ruling Pheu Thai Party out in the cold.