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Search Result for “Drought”

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NESDC revises growth outlook

Business, Wichit Chantanusornsiri, Published on 20/02/2024

» The National Economic and Social Development Council (NESDC) has revised down gross domestic product (GDP) growth for 2023 and its outlook for 2024 to 1.9% and 2.7%, suggesting the Bank of Thailand (BoT) use financial measures to support the economy, says secretary-general Danucha Pichayanan.

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GENERAL

Srettha sets timeline  for new state policies

Business, Wichit Chantanusornsiri, Published on 24/11/2023

» Prime Minister Srettha Thavisin has set a schedule for pressing economic issues related to agriculture, industry, and debt problems, including both formal loans and loan sharks.

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GENERAL

Growth outlook revised down to 2.7%

Business, Wichit Chantanusornsiri, Published on 28/10/2023

» The Fiscal Policy Office (FPO) has revised its forecast for economic growth down to 2.7% this year and 3.2% next year, while domestic and international risk factors need to be monitored, according to director-general Pornchai Thiraveja.

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GENERAL

Warning over household debt surge

Business, Wichit Chantanusornsiri, Published on 29/08/2023

» The National Economic and Social Development Council (NESDC) warns that Thailand's household debt is continuing to increase, with close monitoring required for auto loans and debt from savings cooperatives, says secretary-general Danucha Pichayanan.

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Bid to stop debt turning sour

Business, Wichit Chantanusornsiri, Published on 01/08/2023

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has revealed it has around 300 billion baht in debt which requires close monitoring in order to prevent bad debt, said president Chatchai Sirilai.