Showing 1 - 10 of 49
Thailand kicks off first phase of digital wallet scheme
Reuters, Published on 25/09/2024
» The government on Wednesday launched the first phase of its flagship US$14 billion stimulus handout scheme, which will eventually see an estimated 45 million people receive 10,000 baht each, saying it would spark economic activity.
Thailand to boost borrowing by 8% to $78 billion
Bloomberg News, Published on 17/09/2024
» The government plans to increase borrowing by 8% to about 2.6 trillion baht (US$78.2 billion) for the 2025 fiscal year starting on Oct 1, according to three market sources and a government presentation seen by Reuters.
Ministries eye concessions for Bangkok train lines
Business, Wichit Chantanusornsiri, Published on 16/09/2024
» The Finance Ministry and Transport Ministry have begun exploring the idea of acquiring the concessions for seven electric train lines, valued at roughly 500 billion baht, to bring them under state ownership.
Thailand to move ahead with casinos plan, official says
Published on 05/09/2024
» The government will move ahead with plans for a mega entertainment complex that would house casinos in Thailand, Deputy Finance Minister Julapun Amornvivat said on Thursday.
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
Task force to tackle Chinese goods
Published on 28/08/2024
» The government will set up a task force to strictly enforce existing regulations aimed at stemming the tide of cheap Chinese imports that is threatening the manufacturing sector and an already weak economy, says Phumtham Wechayachai, the caretaker commerce minister.
Heavy burden on young shoulders
Business, Published on 26/08/2024
» Paetongtarn Shinawatra's recent ascension to prime minister, following the Constitutional Court's dismissal of her predecessor Srettha Thavisin over ethics violations based on a cabinet appointment, and the dissolution of the progressive Move Forward Party, which won the last election, presents a complex interplay of economic, political and social challenges for the nation.
Planned fund to regulate fares
Supoj Wancharoen, Published on 25/08/2024
» The Transport Ministry is studying the possibility of creating an infrastructure fund to buy back mass rapid transit projects from private companies. It says public ownership of these services could allow for a flat fare of 20 baht per ride.
Central bank chief sets terms for rate cut
Published on 24/08/2024
» The Bank of Thailand (BoT) is open to cutting interest rates if economic and financial conditions warrant such a move, according to governor Sethaput Suthiwartnarueput.
Traders on sidelines awaiting signals from Fed chief
Business, Published on 24/08/2024
» RECAP: Trade was subdued in most Asian stock markets yesterday while the dollar rebounded from one-year lows, as investors were cautious ahead of a major speech by US Federal Reserve chairman Jerome Powell.