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BUSINESS

B77bn to spare in state budget

Business, Wichit Chantanusornsiri, Published on 10/05/2019

» Almost 80 billion baht in the annual budget is left over for a new government to spend this fiscal year, says a source at the Finance Ministry.

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BUSINESS

Finance Ministry scraps travel cash for tourists

News, Wichit Chantanusornsiri, Published on 27/04/2019

» The Finance Ministry has scrapped a plan to hand out travel allowances in cash worth 1,500 baht each to about 10 million people for travelling in any of 55 second-tier provinces, part of a scheme to promote domestic tourism in areas not regularly visited be them.

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BUSINESS

Handout quota of 10m

Business, Wichit Chantanusornsiri, Published on 24/04/2019

» A 1,500-baht cash handout for spending in 55 second-tier provinces will be allocated to 10 million people who register to participate in the scheme on a first-come, first-served basis.

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BUSINESS

Tax perk for property buyers on the cards

Business, Wichit Chantanusornsiri, Published on 23/04/2019

» The Revenue Department has proposed a tax deduction for property buyers as part of a seven-measure package to prop up economic growth during the transition to a new government.

BUSINESS

Stimulus package vowed within weeks

Business, Wichit Chantanusornsiri, Published on 20/04/2019

» An economic stimulus package containing seven measures worth a combined 20 billion baht will seek the cabinet's approval in the next two weeks with the aim of preventing the economy from losing momentum and growing below its potential.

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BUSINESS

Somkid says 5G infrastructure a priority

News, Wichit Chantanusornsiri, Published on 19/03/2019

» Thailand must adopt 5G technology next year to prevent the country from lagging behind Vietnam, Deputy Prime Minister Somkid Jatusripitak warned on Monday after a meeting with state enterprises.

BUSINESS

Exim Thailand eyes 10% lending growth

Business, Wichit Chantanusornsiri, Published on 22/02/2019

» The state-owned Export-Import Bank of Thailand (Exim Thailand) aims for 10% loan growth while keeping bad loans steady at 3.78% this year, its chief says.

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BUSINESS

Somkid: Full speed ahead

Business, Wichit Chantanusornsiri, Published on 08/02/2019

» Deputy Prime Minister Somkid Jatusripitak has called for state agencies to refrain from sitting idle for six months before the new government is installed to alleviate the impact from global uncertainties affecting the Thai economy.

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BUSINESS

Minister urges baht to be reined in

Business, Wichit Chantanusornsiri, Published on 31/01/2019

» Finance Minister Apisak Tantivorawong urged the Bank of Thailand to rein in the strengthening baht after the currency hit a nine-month high against the greenback.

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BUSINESS

Fiscal Policy Office: GDP to overcome snags

Business, Wichit Chantanusornsiri, Published on 29/01/2019

» The Fiscal Policy Office (FPO) is bullish on the economic outlook, forecasting growth will meet its potential at 4% this year, despite mounting uncertainties, particularly on the external front.