Showing 1 - 10 of 32
K-Research: Restructuring of industrial sector required
Business, Wichit Chantanusornsiri, Published on 21/06/2024
» Kasikorn Research Center (K-Research) predicts Thailand's Manufacturing Production Index (MPI) will contract by 2% this year, marking the second consecutive year of decline.
Cabinet approves new energy subsidies
Business, Wichit Chantanusornsiri, Published on 08/05/2024
» The cabinet has endorsed initiatives aimed at easing people's energy expenses, covering caps on diesel and cooking gas prices, as well as subsidies for electricity bills for vulnerable groups.
Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
Ministry calls for monetary stimulus
Business, Wichit Chantanusornsiri, Published on 06/04/2024
» Thailand's economy is tilting towards deflation, necessitating monetary stimulus to spur it, says finance permanent secretary Lavaron Sangsnit.
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.
Growth outlook revised down to 2.7%
Business, Wichit Chantanusornsiri, Published on 28/10/2023
» The Fiscal Policy Office (FPO) has revised its forecast for economic growth down to 2.7% this year and 3.2% next year, while domestic and international risk factors need to be monitored, according to director-general Pornchai Thiraveja.
Bank of Thailand predicts 2024 growth of 4.4%
Business, Wichit Chantanusornsiri, Published on 12/10/2023
» The Bank of Thailand has maintained its GDP growth forecast for next year at 4.4%, inclusive of the government's economic stimulus measures, says assistant governor Piti Disyatat.
The untouchable tax
Business, Wichit Chantanusornsiri, Published on 04/09/2023
» Since the introduction of value-added tax (VAT) in Thailand in 1992, no government has dared to increase the rate because of concerns regarding the economic impact, the greater burden in terms of living expenses, and most importantly how politically unpopular such a move would appear.
FPO maintains Thai GDP growth forecast
Business, Wichit Chantanusornsiri, Published on 28/01/2023
» The Fiscal Policy Office (FPO) has maintained its Thai economic growth forecast this year at 3.8%, in line with the continued rebound of the tourism sector and declining inflation.
State revenue exceeds goal by B130bn
Business, Wichit Chantanusornsiri, Published on 08/11/2022
» The government's net revenue in fiscal 2022 hit 2.53 trillion baht, exceeding its target by 130 billion baht, or 5.4%, said Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.