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Search Result for “trillion baht”

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GENERAL

Thai Chamber of Commerce urges central bank to take measures to stabilise baht

Published on 23/09/2024

» Thai businesses are pressing the central bank to take measures to stabilise the baht currency, which has rapidly gained strength and could impact fourth-quarter growth, a senior Thai Chamber of Commerce official said on Monday.

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THAILAND

Thai casino plan gains momentum

News, Chairith Yonpiam, Published on 23/09/2024

» The ruling Pheu Thai Party has defended its casino-entertainment complex project, saying it will legalise the underground activity and allow the government to collect tax revenue from it.

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GENERAL

All eyes on Thai baht

Business, Published on 23/09/2024

» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.

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GENERAL

Forum promotes investment in Indonesia

Poramet Tangsathaporn, Published on 23/09/2024

» Indonesian and Thai companies can benefit more by investing in manufacturing supply chain industries, a forum was told.

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GENERAL

Ministries told to expedite investment outlay

Business, Wichit Chantanusornsiri, Published on 21/09/2024

» The Comptroller-General's Department has set an ambitious disbursement target for investment budgets in fiscal 2025, aiming for 75-80% of the total investment budget.

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GENERAL

Asian shares extend rally sparked by Fed

Business, Published on 21/09/2024

» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.

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GENERAL

Baht’s biggest rally since 1998 threatens tourism, exports

Bloomberg News, Published on 20/09/2024

» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.

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GENERAL

Harsher consequences for tolerating scams

Business, Suchit Leesa-nguansuk, Published on 20/09/2024

» The Digital Economy and Society (DES) Ministry is planning to amend regulations in order to enforce liability for banks and telecom operators if they are found to be negligent in tackling online scams, says DES permanent secretary Wisit Wisitsora-At.

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OPINION

The perils of censorship

Oped, Editorial, Published on 20/09/2024

» Less than two weeks into office, the Paetongtarn Shinawatra government is being questioned about its sincerity and commitment to academic freedom.

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PROPERTY

Call for looser real estate lending rules

Business, Published on 20/09/2024

» The government is advised to ease lending restrictions and reduce interest rates as newly completed condo units worth more than 86 billion baht are awaiting transfer in the fourth quarter, which could lift both the property sector and the entire economy, says the Thai Condominium Association.