Showing 1 - 10 of 488
PM backs hold on handout
Published on 21/05/2025
» Prime Minister Paetongtarn Shinawatra has defended the government's decision to postpone the third phase of the 10,000-baht handout programme, saying uncontrollable circumstances made it impossible to implement it.
Cabinet approves B157bn to counter US tariff impact
Reuters, Published on 20/05/2025
» The cabinet has reallocated 157 billion baht ($4.7 billion) of budget spending away from a consumer stimulus scheme to fund projects in the coming months that will help Thailand counter the impact of US tariffs, the government said on Tuesday.
Thailand aims to cut US trade gap by $15 billion
Published on 20/05/2025
» Thailand expects to reduce its trade surplus with the United States by as much as $15 billion a year, or one-third, with its recent initiatives to prevent the misuse of origin rules for exports, according to Finance Minister Pichai Chunhavajira.
Digital handout on hold
News, Wichit Chantanusornsiri, Published on 20/05/2025
» The government has postponed the third phase of the 10,000-baht handout programme to instead spend the funds on solving structural issues and investing in infrastructure projects, insisting the project is not scrapped but only delayed.
Trade talk and domestic politics drive sentiment
Business, Published on 20/05/2025
» Thai shares rebounded in line with global bourses last week, shortly before falling back closer to 1,200 points. Early in the week, the market was driven by euphoria over the prospects for a US-China trade deal. Washington cut tariffs on Chinese goods to 30% while China trimmed its rates to 10% for 90 days.
Thailand delays cash handout to boost infrastructure amid growth concerns
Reuters, Published on 19/05/2025
» Thailand will delay its direct cash handout scheme and use its remaining budget of 157 billion baht to invest in water management, transport, logistics and soft loans for small businesses instead, Finance Minister Pichai Chunhavajira said on Monday.
Thailand unveils measures to shield firms from trade war fallout
Published on 19/05/2025
» Thailand will offer bigger tax incentives to small and medium businesses at risk of being squeezed by US tariff threats, as the Southeast Asian nation unveiled a raft of measures to minimise the blow to its economy from the trade war.
Thailand to amend tax on foreign income remittance
Business, Wichit Chantanusornsiri, Published on 19/05/2025
» The Revenue Department is preparing to draft legislation to amend the collection of tax on foreign income remitted to Thailand.
SET has stabilised, says Pichai
Wichit Chantanusornsiri, Published on 18/05/2025
» The Thai stock market has now stabilised and there is no need for additional measures to stimulate it, Finance Minister Pichai Chunhavajira said.
Would more debt fix the economy?
Business, Wichit Chantanusornsiri, Published on 17/05/2025
» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.