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Search Result for “Government debt”

Showing 1 - 10 of 11

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BUSINESS

Green but greying

Asia focus, Erich Parpart, Published on 22/01/2018

» Visit a rice farm anywhere in Asia these days and you will see a life that has hardly changed in decades. Transplanting paddy sprouts into muddy soil, swatting itch-inducing stalks with a sharp sickle and lifting heavy rice sacks into a rickety truck are all part of the backbreaking routine.

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BUSINESS

B30bn budget targeted for large-scale farm reforms

Business, Wichit Chantanusornsiri, Published on 18/01/2018

» Finance Minister Apisak Tantivorawong aims to take out a 30-billion-baht budget for farm sector reform, part of the 150-billion-baht supplementary budget for fiscal 2018, within the next six months.

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BUSINESS

Economy back on track

Business, Published on 17/01/2018

» Rising overseas demand for goods and services pushed Thailand's GDP to a five-year high in 2017, with business-friendly fiscal policies and planned spending on infrastructure expected to support further expansion in 2018.

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BUSINESS

Yamaha plans 19% sales rise

Business, Piyachart Maikaew, Published on 13/01/2018

» Thai Yamaha Motor Co, the local unit of the Japanese motorcycle maker, is upbeat about sales prospects this year, expecting a 19% rise to 320,000 units sold.

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BUSINESS

Banking on the greater good

Business, Post Reporters, Published on 13/01/2018

» William McChesney Martin Jr, who was chairman of the Federal Reserve for 19 years, famously quipped that his job was to take away the punch bowl just when the party got going. Those words have come to embody the work of a central banker, who at times must implement unpopular measures for the sake of the greater good.

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BUSINESS

Somkid downplays widening deficit

Business, Chatrudee Theparat, Published on 12/01/2018

» The country's public debt is unlikely to exceed 42% of GDP this year despite a wider deficit of 550 billion baht in the fiscal 2018 budget, says Deputy Prime Minister Somkid Jatusripitak.

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BUSINESS

Real estate tracks resurgent economy

Business, Published on 10/01/2018

» The overall Bangkok property market in 2017 was very interesting, especially in terms of new condominiums launched, with the total of 56,000 units the highest in several years. As well, joint ventures between Thai and foreign developers, particularly Japanese, are shaking up the market, as is the growing number of large mixed-use projects being announced.

BUSINESS

KBank's new notes get mixed ratings

Business, Published on 10/01/2018

» Fitch Ratings has assigned an expected "BBB+(EXP)" rating with a stable outlook for Kasikornbank's (KBank) US dollar-denominated senior unsecured notes, while a Baa1 rating for these notes was assigned by Moody's Investors Service.

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BUSINESS

Nod for second phase of welfare scheme funding

Business, Published on 10/01/2018

» The cabinet yesterday approved 35.67 billion baht for the second phase of the welfare and subsidy scheme for the poor, aiming to help about 1 million people cross the poverty line this year.

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BUSINESS

Developers banking on megaprojects

Business, Post Reporters, Published on 09/01/2018

» Medium-sized developers have pinned their hopes on the country's economic growth and government spending in megaprojects to help boost the property market this year.