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Search Result for “china”

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BUSINESS

FPO upbeat after Q1 growth surprise

Business, Wichit Chantanusornsiri, Published on 19/05/2016

» The economy is expected to expand beyond the Fiscal Policy Office (FPO) forecast of 3.3% this year after its stellar performance in the first quarter, says permanent secretary for finance Somchai Sujjapongse.

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BUSINESS

FPO touts GDP growth from infrastructure investment

Business, Wichit Chantanusornsiri, Published on 15/04/2016

» Thailand's big-ticket infrastructure investment worth 1.5 trillion baht is expected to raise the country's GDP for three years during the construction period, says the Fiscal Policy Office (FPO).

BUSINESS

Draft bill pushes B80bn fiscal injection

Business, Wichit Chantanusornsiri, Published on 19/03/2016

» A draft bill intended to speed up state spending would allocate up to 80 billion baht in undisbursed funds in a bid to maintain economic growth.

BUSINESS

Switch for unused B50bn 

Business, Wichit Chantanusornsiri, Published on 10/03/2016

» The Budget Bureau estimates that 50 billion baht of the investment budget will remain uncommitted by the looming deadline and be transferred to the central budget.

BUSINESS

FPO eyes leftover funds to stimulate rural growth

Business, Wichit Chantanusornsiri, Published on 05/03/2016

» The government is considering spending funds left over from local administrative organisations and uncommitted spending from carry-over budgets to stimulate the lagging economy, a senior Finance Ministry official says.

BUSINESS

Investment dwindlesfor agencies

Business, Wichit Chantanusornsiri, Published on 23/02/2016

» The Budget Bureau will propose the government issue a draft bill to transfer to the central budget any state agency's investment budget if the agency fails to sign construction contracts by next month.

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BUSINESS

Stimulus stuck in slow lane

Business, Wichit Chantanusornsiri, Published on 08/02/2016

» Deputy Prime Minister Somkid Jatusripitak's appointment at the economic helm late last August was followed by rapid-fire launches of stimulus measures to revive the slowing economy.

BUSINESS

Three foreign funds keen on Thailand

Business, Wichit Chantanusornsiri, Published on 05/02/2016

» Sovereign wealth funds from China, Oman and Iran have shown interest in putting money into the Thailand Future Fund, which pools the government's big-ticket infrastructure investments.

BUSINESS

Stimulus to focus on grass roots

Business, Wichit Chantanusornsiri, Published on 01/02/2016

» Finance Minister Apisak Tantivorawong is considering another stimulus package aimed at boosting consumption by low-income earners.

BUSINESS

FPO trims forecast for 2016 growth

Business, Wichit Chantanusornsiri, Published on 29/01/2016

» The Fiscal Policy Office (FPO) has marginally cut its forecast for this year's economic growth to 3.7% from 3.8% to reflect gloomy export prospects and the Chinese-led growth slowdown.