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Search Result for “asia”

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BUSINESS

FPO: 2018 GDP to fall short

Business, Wichit Chantanusornsiri, Published on 23/01/2019

» Economic growth for Thailand was likely 4.1-4.2% last year, short of the Finance Ministry's target of 4.5% because of lower than expected exports, says the head of the Fiscal Policy Office (FPO).

BUSINESS

Laos's EDL-Gen plans baht bonds

Business, Wichit Chantanusornsiri, Published on 01/12/2018

» A Laos-based firm intends to raise funds by issuing baht-denominated bonds for the Nam Ngum 2 hydroelectric power plant, says Finance Minister Apisak Tantivorawong.

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BUSINESS

Apisak lukewarm on rate hike

Business, Wichit Chantanusornsiri, Published on 21/09/2018

» A policy rate hike would not address low inflation and would in fact worsen the debt-servicing ability of small-business operators and strengthen the baht, says Finance Minister Apisak Tantivorawong.

BUSINESS

Apisak sees signs of capital flight end

Business, Wichit Chantanusornsiri, Published on 20/07/2018

» Thailand's capital flight shows signs of ending, says Finance Minister Apisak Tantivorawong, reiterating that the country's high foreign reserves provide a cushion against the sell-off by foreign investors.

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BUSINESS

Apisak backs rate leeway

Business, Wichit Chantanusornsiri, Published on 19/06/2018

» The Bank of Thailand's rate-setting panel does not need to follow in the footsteps of the US Federal Reserve by raising its policy rate, while the exodus of foreign investors is not worrisome, says Finance Minister Apisak Tantivorawong.

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BUSINESS

Huge 5-year budget for national reform

Business, Wichit Chantanusornsiri, Published on 30/04/2018

» The Budget Bureau has set a five-year budget framework for national reform through fiscal 2023 of more than 700 billion baht, with the biggest slice going to economic reform and water management.

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BUSINESS

Alibaba urges higher import duty exemption

Business, Wichit Chantanusornsiri, Published on 23/04/2018

» Jack Ma's flagship unit Alibaba has asked the Thai government to raise the maximum 1,500-baht import duty exemption in a push that could boost the country's demand for imported goods and cut customs officials' workload.

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BUSINESS

Apisak says recovery is gaining steam

Business, Wichit Chantanusornsiri, Published on 05/02/2018

» The Thai economy may have already seen the nadir of its potential growth rate, suggesting that the recovery is gaining speed, says Finance Minister Apisak Tantivorawong.

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BUSINESS

Somkid moves to calm currency fears

Business, Wichit Chantanusornsiri, Published on 05/01/2018

» Deputy Prime Minister Somkid Jatusripitak is playing down warnings from some foreign research houses that Thailand risks being added to the US Treasury's watch list of potential currency manipulators, saying the government has no immediate plans to step in and curb the stronger baht.

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BUSINESS

Somkid: Thailand to take off next year

Wichit Chantanusornsiri, Published on 21/12/2017

» After two decades of being hamstrung by several problems, the Thai economy will take off next year, Deputy Prime Minister Somkid Jatusripitak declared on Thursday.