Showing 51 - 60 of 935
Bank of Thailand predicts 2024 growth of 4.4%
Business, Wichit Chantanusornsiri, Published on 12/10/2023
» The Bank of Thailand has maintained its GDP growth forecast for next year at 4.4%, inclusive of the government's economic stimulus measures, says assistant governor Piti Disyatat.
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.
GH Bank stays on course for lending expansion
Business, Wichit Chantanusornsiri, Published on 28/09/2023
» Government Housing (GH) Bank still plans to expand mortgages even as interest rates remain elevated, says director and acting president Krit Sesawet.
7m in first round of debt suspension
Business, Wichit Chantanusornsiri, Published on 18/09/2023
» The number of farmers and small and medium-sized enterprises (SMEs) eligible for the initial phase of the debt moratorium will not exceed 7 million, says Deputy Finance Minister Julapun Amornvivat.
Digital handout not covered by loans
Business, Wichit Chantanusornsiri, Published on 09/09/2023
» The Finance Ministry will not issue an emergency loan decree to support the government's 10,000-baht digital currency handout, with funding likely to come from the state budget and borrowing from state-owned financial institutions, says Deputy Finance Minister Kritsada Chinavicharana.
The untouchable tax
Business, Wichit Chantanusornsiri, Published on 04/09/2023
» Since the introduction of value-added tax (VAT) in Thailand in 1992, no government has dared to increase the rate because of concerns regarding the economic impact, the greater burden in terms of living expenses, and most importantly how politically unpopular such a move would appear.
Confidence slips amid household debt woes
Business, Wichit Chantanusornsiri, Published on 31/08/2023
» The consumer confidence index dropped to 55.6 in July from 56.7 the previous month as consumers were concerned about household debt, says Fiscal Policy Office director-general Pornchai Thiraveja.
Bureau expects budget in 8 months
Business, Wichit Chantanusornsiri, Published on 30/08/2023
» The Budget Bureau expects the 2024 Budget Expenditure Act to be delayed by up to eight months, according to a bureau source who requested anonymity.
NESDC downgrades Thai growth for 2023
Business, Wichit Chantanusornsiri, Published on 22/08/2023
» The National Economic and Social Development Council (NESDC) has revised its forecast for this year’s economic growth to 2.5-3%, down from the previous forecast of 2.7-3.7% due to the impact of the global economic slowdown, says secretary-general Danucha Pichayanan.
Department plans to study a sodium tax
Business, Wichit Chantanusornsiri, Published on 15/08/2023
» The Excise Department is planning a study of sodium tax collection measures after the success of the "sweet tax" on sugar-sweetened beverages implemented in 2017 to shift consumer and industry behaviour towards making healthier choices, says director-general Ekniti Nitithanprapas.