Showing 11 - 20 of 92
BAAC aims for coverage of 45.7m rai
Business, Wichit Chantanusornsiri, Published on 29/04/2020
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims for up to 45.7 million rai of rice farmland to be covered by crop insurance for the 2020 season, a high-ranking BAAC official says.
BAAC to revise loan goal as farm sector stagnant
Business, Wichit Chantanusornsiri, Published on 07/04/2020
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is poised to revise its new lending target of 101 billion baht for this financial year, starting from April 1, because of knock-on effects from the Covid-19 outbreak on the farming sector.
FPO: Pandemic hits hard
Business, Wichit Chantanusornsiri, Published on 31/03/2020
» The coronavirus pandemic took an obvious toll on domestic investment and the tourism sector in February, but consumption remained resilient, according to a senior official at the Fiscal Policy Office (FPO).
Political instability adds to viral woes
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.
Finance Ministry earmarks B100bn for tourism
Business, Wichit Chantanusornsiri, Published on 24/02/2020
» The Finance Ministry is preparing to offer 100 billion baht in soft loans as a lifeline to coronavirus-ravaged tourism operators as part of new relief measures that will seek the cabinet's approval by early March.
Uttama: Budget bill has B400bn for investment
Business, Wichit Chantanusornsiri, Published on 21/02/2020
» State investment worth over 400 billion baht is expected to be pumped into the economy in the second quarter after the passage of the delayed 3.2-trillion-baht annual budget bill for fiscal 2020, says Finance Minister Uttama Savanayana.
Finance Ministry to unveil new aid package
Business, Wichit Chantanusornsiri, Published on 20/02/2020
» The Finance Ministry is set to roll out a fresh stimulus package this quarter large enough to jump-start economic growth momentum, says Finance Minister Uttama Savanayana.
Mid-year funds available for more stimulus
Business, Wichit Chantanusornsiri, Published on 17/02/2020
» A mid-year budget worth 100 billion baht is available for the government to finance new economic stimulus measures while the fiscal 2020 budget is held up, says a senior official at the Finance Ministry.
BAAC aims for B100bn in new loans
Business, Wichit Chantanusornsiri, Published on 03/02/2020
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) will aim for 100 billion baht in new lending during its next financial year.
Final decision on tap for non-alcoholic beer tariff
Business, Wichit Chantanusornsiri, Published on 01/02/2020
» A decision on the tariff rate for non-alcoholic beer is expected this month, says the Excise Department.