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Search Result for “fiscal stimulus package”

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OPINION

Wallet fog fails to lift

Oped, Editorial, Published on 19/04/2024

» The government's announcement on the details of its digital wallet scheme on April 10 was meant to boost the popularity of both the Srettha Thavisin administration, as well as the Pheu Thai Party.

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INVESTMENT

March investor confidence stays virtually unchanged

Business, Nuntawun Polkuamdee, Published on 11/04/2024

» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone in March as the market expects more economic stimulus, while fund outflows continued and delays to the US Federal Reserve's interest rate cuts undermined sentiment.

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GENERAL

Delta lays out investment plans

Business, Nareerat Wiriyapong, Published on 13/03/2024

» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.

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GENERAL

Panel likely to maintain policy rate

Business, Somruedi Banchongduang, Published on 07/02/2024

» The Bank of Thailand is expected to maintain its policy rate at Wednesday's Monetary Policy Committee (MPC) meeting, while the central bank will trim its 2024 growth projections in line with a slower growth trajectory.

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GENERAL

Central bank set to cut growth outlook

Business, Somruedi Banchongduang, Published on 01/02/2024

» The Bank of Thailand (BoT) is likely to slash the country's gross domestic product (GDP) outlook for 2024 after growth in the fourth quarter of last year was weaker than expected.

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OPINION

A new policy agenda for Asia

Oped, Published on 01/02/2024

» The global economic landscape is changing fast. Scarring from the Covid-19 pandemic has weakened potential growth, making slower income gains the new normal for many countries.

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OPINION

Financial crisis looms over Thailand

Oped, Chartchai Parasuk, Published on 25/01/2024

» The definition of an "economic crisis" is much debated in Thailand. This is because one of the requirements for enacting the emergency fiscal borrowing decree is that the economy must be in crisis.

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GENERAL

CEOs voice concerns for 2024

Business, Post Reporters, Published on 02/01/2024

» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.

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INVESTMENT

Asian shares dip but oil price plunge offers relief

Published on 18/11/2023

» RECAP: Asian shares eased back slightly yesterday as softer US economic data took some of the steam out of Wall Street, but plunging oil prices were good news for the inflation outlook.

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THAILAND

'Economy crying for stimulus'

Published on 16/11/2023

» The government insists the economy is in a crisis and requires a stimulus package to prevent the situation from deteriorating and a recovery harder to mount.