Showing 1 - 10 of 11
THAI debt rehab plan 'needs review'
News, Wichit Chantanusornsiri, Published on 10/02/2021
» Thai Airways International's (THAI) debt rehabilitation plan needs a further review of critical points including the airline's ability to pay off its debts, according to Deputy Prime Minister Supattanapong Punmeechaow.
THAI's debt rehab plan 'needs further review'
Wichit Chantanusornsiri, Published on 09/02/2021
» Thai Airways International's (THAI) debt rehabilitation plan needs a further review of critical points including the airline's ability to pay off its debts, according to Deputy Prime Minister Supattanapong Punmeechaow.
Arkhom vows debt will not exceed 60%
Business, Wichit Chantanusornsiri, Published on 01/02/2021
» Thailand's public debt will not exceed the 60% ceiling rate by 2025 if there is no more borrowing for Covid-19 management, says Finance Minister Arkhom Termpittayapaisith.
PDMO: Cabinet-endorsed credit line for potential public debt
Business, Wichit Chantanusornsiri, Published on 21/08/2020
» The cabinet's recent endorsement to approve an additional loan of 214 billion baht to compensate for the budget deficit is intended as a credit line in case public expenses exceed revenue, says the Public Debt Management Office (PDMO).
FPO: B758bn available for post-virus rebuilding
Business, Wichit Chantanusornsiri, Published on 14/08/2020
» The government has a combined annual fiscal budget of 758 billion baht for fiscal 2020 and 2021 to remedy the coronavirus crisis, says the Fiscal Policy Office (FPO).
Treasury mulls rent reduction
News, Wichit Chantanusornsiri, Published on 07/08/2020
» The Treasury Department is considering reducing land rents for companies affected by the Covid-19. Among them is the Airports of Thailand (AOT), which requested a one-year rent reduction, citing lower revenues caused by the pandemic.
FPO makes dismal GDP prediction
Business, Wichit Chantanusornsiri, Published on 31/07/2020
» The economy is forecast to shrink by 8.5% this year as the pandemic dampens exports and foreign tourist arrivals, says the Fiscal Policy Office (FPO).
Finance Ministry to reduce period for handouts
Business, Wichit Chantanusornsiri, Published on 09/04/2020
» The Finance Ministry could shorten the six-month period for handing out 5,000 baht a month to informal workers affected by the outbreak if the coronavirus pandemic can be contained before September, says the head of the Fiscal Policy Office (FPO).
GSB: Possible 1-point GDP hit from virus
Business, Wichit Chantanusornsiri, Published on 19/02/2020
» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country's 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.
Virus 'could shave 1%' off growth
Wichit Chantanusornsiri, Published on 18/02/2020
» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country’s 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.