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Search Result for “fiscal stimulus package”

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BUSINESS

Govt cuts economic outlook despite smaller Q4 GDP fall

Reuters, Published on 15/02/2021

» The government cut its estimate for economic growth this year to 2.5-3.5% after Thailand suffered its worst slump in more than two decades in 2020 due to the shock from the Covid-19 pandemic.

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BUSINESS

Asian markets track Wall St records on stimulus optimism

Reuters, Published on 08/02/2021

» Hopes that US lawmakers would pass President Joe Biden's huge stimulus package helped push Asian markets higher again Monday, while traders were also cheered by falling coronavirus infection rates and vaccine rollouts.

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BUSINESS

BoT needed to save limited ammunition - minutes

Reuters, Published on 07/10/2020

» The Bank of Thailand (BoT) saw a need to preserve limited monetary policy room to use at the most effective time, when it kept its benchmark rate steady at a record low last month, meeting minutes showed on Wednesday.

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THAILAND

B500bn third stimulus package in store

Reuters, Published on 30/03/2020

» A new stimulus package to alleviate the impact of the coronavirus crisis will be worth more than 500 billion baht, the finance minister said on Monday.

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BUSINESS

Finance ministry cuts 2019 GDP growth forecast to 2.8%

Reuters, Published on 28/10/2019

» The finance ministry cut its 2019 economic growth forecast to 2.8% from the 3.0% it projected in August, due mainly to declining exports.

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THAILAND

Cabinet approves bigger B3.2tn budget

Reuters, Published on 07/10/2019

» The cabinet on Monday approved a slightly higher budget of 3.2 trillion baht for the 2020 fiscal year to bolster the economy, which is growing at its weakest pace in nearly five years.

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BUSINESS

Uttama: More economic stimulus if needed

Reuters, Published on 29/08/2019

» The government is ready to add further fiscal support if a recently introduced stimulus package is insufficient, the finance minister said on Thursday, as the government tries to revive flagging domestic activity.

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WORLD

US third-quarter growth lowered to 3.2%

Reuters, Published on 21/12/2017

» WASHINGTON: The US economy grew at its fastest pace in more than two years in the third quarter, powered by robust business spending, and is poised for what could be a modest lift next year from sweeping tax cuts passed by Congress this week.