Showing 1 - 10 of 2,852
Getting sustainable debt right
News, Published on 19/05/2025
» A slowing global economy, rising trade tensions, and increased risks of recession could mean a perfect storm for low- and middle-income countries (LMICs) burdened by high sovereign debt. Faced with exorbitant borrowing costs and an increasingly jittery international environment, these countries' potential for economic growth and development will be severely curtailed.
Would more debt fix the economy?
Business, Wichit Chantanusornsiri, Published on 17/05/2025
» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.
Panel to discuss stimulus measures on Monday
Wichit Chantanusornsiri, Published on 16/05/2025
» New economic stimulus measures will include short-term investment initiatives, spanning four to five months, designed to sustain economic growth of at least 2% this year, according to finance permanent secretary Lavaron Sangsnit.
Elderly abbot accused of B300m embezzlement
Wassayos Ngamkham, Published on 15/05/2025
» A 70-year-old abbot accused of embezzling 300 million baht from a famous Buddhist temple and using it for gambling turned himself in to police in Bangkok on Thursday, just as they were about to seek a warrant for his arrest.
ABOUT POLITICS: A sound bit of advice
Oped, Published on 10/05/2025
» A message has been conveyed by a former finance minister to an aspiring one -- don't be too agreeable with the government when it comes to money matters.
Labor increases its majority in Australia
Published on 03/05/2025
» SYDNEY - Anthony Albanese claimed a historic second term as prime minister of Australia on Saturday, in a dramatic comeback against once-resurgent conservatives that was powered by voters’ concerns about the influence of US President Donald Trump.
Moody's downgrade sends a signal
Business, Published on 01/05/2025
» Thailand must accelerate its economic growth potential to 3-4% to avoid a downgrade in its sovereign credit rating, say analysts.
US levies scupper Thailand's chances of 3% GDP growth
Business, Wichit Chantanusornsiri, Published on 30/04/2025
» Thai GDP is unlikely to reach the target of 3% growth this year because of US President Donald Trump's tariffs, says finance permanent secretary Lavaron Sangsnit.
Yet another huge loan
News, Published on 28/04/2025
» Deputy Prime Minister and Finance Minister Pichai Chunhavajira recently declared Thailand may need to borrow as much as 500 billion baht to fund a major economic stimulus package, to soften the anticipated impact on global trade in which the economy will be hard hit by the United States' policy imposing a 36% tariff on Thai imports.
Thaksin plays down coalition rift
News, Aekarach Sattaburuth, Published on 27/04/2025
» Chiang Mai: Former prime minister Thaksin Shinawatra dismissed speculation that the Bhumjaithai Party could be booted out of the coalition amid reports of a forthcoming cabinet reshuffle.