Showing 1 - 10 of 31
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.
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.
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.
Srettha eager to be pitchman to woo investors
Business, Wichit Chantanusornsiri, Published on 05/10/2023
» Prime Minister Srettha Thavisin insists he will take on the role of a salesman to attract foreign investors to Thailand.
Srettha backs vehicle supply chain
Business, Wichit Chantanusornsiri, Published on 30/09/2023
» Prime Minister Srettha Thavisin reaffirmed to the Japanese government that the Thai government will continue to support the production of internal combustion engine (ICE) vehicles for the next 10-15 years to ensure a smooth transition to electric vehicles (EVs).
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.
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.
Growth hinges on inoculation, foreign arrivals, exports
Business, Wichit Chantanusornsiri, Published on 25/02/2021
» Domestic virus inoculation, foreign tourist arrivals and export growth are among the key variables determining the revision of GDP growth outlook this year, says the Fiscal Policy Office (FPO).
Ministry preps B200bn for new relief measure
Business, Wichit Chantanusornsiri, Published on 12/01/2021
» The Finance Ministry is preparing to inject financial aid worth around 200 billion baht to combat deteriorating economic conditions during the prolonged Covid-19 crisis.
B150bn from future budgets may be used
Business, Wichit Chantanusornsiri, Published on 25/05/2020
» The government is set to reallocate 150 billion baht from the 2020 and 2021 fiscal budgets if additional funds for economic and social restoration are needed to blunt the fallout from the pandemic, says the Budget Bureau.