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MOTORING

Cabinet allots B7.12bn for EV subsidies

Wichit Chantanusornsiri, Published on 25/09/2024

» The cabinet has approved the allocation of 7.12 billion baht from the central reserve budget for emergency and essential purposes to fund the EV subsidy programme.

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GENERAL

China seen as keeping Thai inflation low

Business, Wichit Chantanusornsiri, Published on 24/09/2024

» Thailand's rate of inflation is not a major concern as China is currently "exporting deflation" globally, according to the chairman of the state planning agency.

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MOTORING

EV firms told to make car parts in Thailand by 2026

Business, Wichit Chantanusornsiri, Published on 24/09/2024

» Car manufacturers supported by the government's electric vehicle (EV) promotion measures must invest in producing key EV components domestically by 2026, according to the chief of the Excise Department.

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GENERAL

State salaries and benefits face scrutiny

Business, Wichit Chantanusornsiri, Published on 23/09/2024

» The Comptroller-General's Department, the Budget Bureau and the Office of the Civil Service Commission (OCSC) are considering how to reform salaries and benefits in all government sectors.

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GENERAL

Ministries told to expedite investment outlay

Business, Wichit Chantanusornsiri, Published on 21/09/2024

» The Comptroller-General's Department has set an ambitious disbursement target for investment budgets in fiscal 2025, aiming for 75-80% of the total investment budget.

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GENERAL

Finance minister urges sovereign credit rating upgrade

Business, Wichit Chantanusornsiri, Published on 20/09/2024

» Thailand's sovereign credit rating should be upgraded, as the government's interest payment burden is relatively low, says Finance Minister Pichai Chunhavajira.

GENERAL

Fiscal 2025 public debt estimated at 66% of GDP

Business, Wichit Chantanusornsiri, Published on 19/09/2024

» The level of public debt for fiscal 2025 is projected at 66% of GDP, which is below the fiscal sustainability threshold of 70%.

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INVESTMENT

Finance Ministry to define stock portfolio

Business, Wichit Chantanusornsiri, Published on 18/09/2024

» The Finance Ministry expects to manage its stock portfolio valued at roughly 400 billion baht, planning to potentially sell off certain portions, according to finance permanent secretary Lavaron Sangsnit.

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GENERAL

Community liquor wins state backing

Business, Wichit Chantanusornsiri, Published on 17/09/2024

» The Finance Ministry has vowed to enhance the competitiveness of Thai community liquor on a global scale.

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GENERAL

Thailand's digital wallet handout misses signup goal by 9m

Wichit Chantanusornsiri, Published on 16/09/2024

» Online registrations for the government's digital wallet handout scheme, which has now closed, has seen only 36 million people sign up, falling short of the target of 45 million.