Showing 51 - 60 of 10,000
Undue politicisation at finance and BoT
Oped, Thitinan Pongsudhirak, Published on 03/07/2020
» Thailand's economic growth projections continue to head south as the coronavirus crisis unfolds in the second half of the year. In its most recent forecast, the Bank of Thailand anticipates a sharp contraction of 8.1% this year, worse than the 5.3% it predicted in March. Downside macroeconomic risks are substantial as the Covid-19 pandemic could still degenerate and cause further global health and economic havoc. In this dire environment, Thailand will need steady and seasoned hands to oversee macroeconomic levers. Yet both the finance ministry portfolio and the BoT governorship now face uncertainty and potential politicisation that bode ill for effective and autonomous fiscal and monetary policies.
PTTEP gets finance for Mozambique LNG
Business, Yuthana Praiwan, Published on 21/07/2020
» PTT Exploration and Production (PTTEP), the oil and gas drilling arm of national oil and gas conglomerate PTT, and business partners have reached a US$14.9-billion agreement with creditors to push ahead with a liquid natural gas (LNG) facility development project in Mozambique's Rovuma Offshore Area 1.
Finance Ministry holds provident fund hearing
Business, Wichit Chantanusornsiri, Published on 11/08/2020
» The Finance Ministry is conducting a public hearing on the mandatory provident fund, intending for it to be a savings reserve for employees nationwide.
The job of a finance minister...
Oped, Chartchai Parasuk, Published on 03/09/2020
» The resignation of Finance Minister Predee Daochai is a hot issue right now and I feel compelled to write about it, though I'd rather not discuss the cause -- which could be a combination of problems relating to health, internal disputes, political pressure, workloads, and unsolvable problems. Whatever the problems are, the minister has already made the decision which is gazetted. What's done is done.
Prayut: New finance minister next week
Published on 28/09/2020
» Prime Minister Prayut Chan-o-cha has ended speculation that outgoing finance permanent secretary Prasong Poontaneat could be the new finance minister.
Finance minister has four main tasks
Business, Wichit Chantanusornsiri, Published on 13/10/2020
» Newly appointed Finance Minister Arkhom Termpittayapaisith is prioritising four criteria to manage the economy and admits there is a possibility the government will seek more loans given waning domestic and external demand.
Hotel groups push for tourists, finance
Business, Dusida Worrachaddejchai, Published on 18/11/2020
» Leading hotel groups in Thailand are urging the government to speed up the reopening process for tourists and provide additional financial measures to offset the shortfall of inbound tourists before they collapse.
Doctor in the house of finance
Business, Published on 24/02/2018
» Six years ago, Rathian Srimongkol made a daring promise to the selection committee during his interview for the top job at Krungthai Card Plc (KTC): to bring the flailing company to a profit of 1 billion baht. The physician-turned-financier not only successfully delivered on that vow a couple of years after taking over, but he's also steered the firm towards record profits through innovative credit card issuance and personal lending.
Finance allocates B40m to promote NSF
Business, Nuntawun Polkuamdee, Published on 11/05/2018
» The Finance Ministry has allocated a 40-million-baht budget to the National Savings Fund (NSF) to help self-employed workers become voluntary pension fund members after it failed to reach its goal of 1 million members.
Finance Ministry revises up GDP growth
Wichit Chantanusornsiri, Published on 24/05/2018
» The Finance Ministry has revised its 2018 economic growth forecast from 4.2% to 4.5%, the highest rate in five years, on rising exports and pubic investment.