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Search Result for “Government debt”

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THAILAND

Govt continues to push rate cuts

News, Phusadee Arunmas, Published on 25/09/2024

» The Finance Ministry and the Bank of Thailand (BoT) will meet next week to discuss the strong baht and the country's inflation target as the government continues to push for interest rate cuts.

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GENERAL

Private sector calls on BoT to cut rates

Business, Phusadee Arunmas, Published on 24/09/2024

» The private sector is urging the Bank of Thailand to reduce interest rates and maintain the value of the baht.

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GENERAL

Floods in northern Thailand worry business chiefs

Phusadee Arunmas, Published on 02/09/2024

» The Thai Chamber of Commerce (TCC) expressed serious concern over the economic impact of the recent floods in several northern provinces, saying if the situation continued for a further month, the financial damage could exceed 10 billion baht.

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GENERAL

Thai nominees to be scrutinised

Phusadee Arunmas, Published on 29/08/2024

» The Commerce Ministry is moving forward with in-depth inspections of businesses suspected of using Thai nominees to conceal foreign ownership, particularly in tourism, real estate and logistics.

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GENERAL

Organic approach to sustainable well-being

Business, Phusadee Arunmas, Published on 20/07/2024

» Although progress has been made in production and policy measures, organic agriculture is still considered to be at an early stage of development in Thailand when it comes to major actors such as private companies, government projects, grower cooperatives, grassroots support groups and non-government organisations.

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GENERAL

Department predicts rise in new business registrations

Business, Phusadee Arunmas, Published on 19/07/2024

» The Department of Business Development (DBD) expects new business registrations for 2024 to reach between 90,000 and 98,000, marking a 5-15% increase, attributed to the progress of the digital wallet handout policy, measures to attract foreign investment, namely the long-term resident visa scheme and corporate income tax exemption for foreign companies that conduct business here, as well as the use of investment budget following the disbursement of fiscal 2025 budget that began on April 26.

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GENERAL

Meeting prioritises household debt issue

Business, Phusadee Arunmas, Published on 16/07/2024

» The economic cabinet has directed the Finance Ministry and the Bank of Thailand to expedite addressing household debt, particularly bad debts in housing, cars, motorcycles, credit cards and student loans as the economy has yet to see clear signs of recovery.

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GENERAL

Consumer confidence slips again in June

Business, Phusadee Arunmas, Published on 12/07/2024

» Thai consumer confidence dropped for a fourth straight month in June, falling to its lowest level since October last year on concerns over a global slowdown and political uncertainty, according to a survey carried out by the University of the Thai Chamber of Commerce (UTCC).

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GENERAL

University cuts Thai growth forecast

Business, Phusadee Arunmas, Published on 20/03/2024

» The University of the Thai Chamber of Commerce (UTCC) has slashed its Thai economic growth projection for 2024 to 2.6%, down from 3.2%.

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GENERAL

Ministry upbeat on business registrations

Business, Phusadee Arunmas, Published on 06/03/2024

» The Commerce Ministry is optimistic about new business registrations this year, driven by a rebound in the tourism sector and related business, e-commerce, and electric vehicles (EV) and related businesses.