Showing 1 - 10 of 124
NESDC demands discipline
Business, Wichit Chantanusornsiri, Published on 16/05/2023
» The National Economic and Social Development Council (NESDC) has warned the new government to strictly maintain financial and fiscal discipline as it will affect foreign investors' confidence in the Thai economy, says secretary-general Danucha Pichayanan.
IBank targets fewer NPLs
Business, Wichit Chantanusornsiri, Published on 25/04/2023
» The Islamic Bank of Thailand (IBank) aims to reduce its non-performing loans (NPLs) to 8 billion baht this year, from the current level of 13 billion baht, by helping its major corporate customers restructure their debt, says the bank's president Thaweelap Rittapirom.
Bid to hasten Covid payouts
Business, Wichit Chantanusornsiri, Published on 13/02/2023
» The Finance Ministry plans to speed up the payment of lump sum claims from Covid-19 policyholders of four dissolved non-life insurance companies, says permanent finance secretary Krisada Chinavicharana.
FPO maintains Thai GDP growth forecast
Business, Wichit Chantanusornsiri, Published on 28/01/2023
» The Fiscal Policy Office (FPO) has maintained its Thai economic growth forecast this year at 3.8%, in line with the continued rebound of the tourism sector and declining inflation.
Baht boosted by foreign investors
Business, Wichit Chantanusornsiri, Published on 12/01/2023
» The stronger baht is the result of foreign investors' confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith.
Santi favours updated railway contract
Business, Wichit Chantanusornsiri, Published on 06/01/2023
» Deputy Finance Minister Santi Promphat supports revising the contract for the high-speed railway linking three airports to take into account the impact from Covid-19 outbreaks on the bid winner, a Charoen Pokphand (CP) Group-led consortium.
GSB introduces two new savings deposit packages
Business, Wichit Chantanusornsiri, Published on 01/11/2022
» The state-run Government Savings Bank (GSB) has launched two new savings deposit packages, with the aim of reviving public sentiment regarding savings, which has been affected by the Covid-19 pandemic, said president Vitai Ratanakorn.
Govt to recapitalise Thai Airways with B10bn
News, Wichit Chantanusornsiri, Published on 28/10/2022
» The government will need to raise 10 billion baht to recapitalise financially ailing Thai Airways International (THAI) to keep its shareholding in the company from dipping below 40%, according to the State Enterprise Policy Office (Sepo).
Govt to inject another B10bn into THAI
Wichit Chantanusornsiri, Published on 27/10/2022
» The Finance Ministry plans to inject 10 billion baht into Thai Airways International to keep its shareholding from dipping below 40%, according to the State Enterprise Policy Office (Sepo).
Borrowing of B900bn allotted for infrastructure
Business, Wichit Chantanusornsiri, Published on 25/10/2022
» The Public Debt Management Office (PDMO) plans to borrow almost 900 billion baht for the development of new infrastructure in 2023-2027, says director-general Patricia Mongkhonvanit.