Showing 121 - 130 of 321
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.
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.
Exim predicts no growth in exports
Business, Wichit Chantanusornsiri, Published on 18/02/2020
» State-owned Export-Import Bank (Exim) of Thailand cut its export forecast for this year to a range of no growth to a 2% contraction, assuming the coronavirus epidemic and the trade war will ravage the country's outbound shipments.
Managing public debt and personal time
Business, Wichit Chantanusornsiri, Published on 01/02/2020
» Although women are increasingly taking the reins at corporations, they still make up a small share of those occupying senior civil service positions. But Thai-Spanish Patricia Mongkhonvanit has managed to enter those ranks.
Rich get richer, poor get the picture
News, Wichit Chantanusornsiri, Published on 09/01/2020
» This year the new land and building tax law takes effect with the new tax regime hardly affecting ordinary people who do not own second homes. It rather effects super rich people who have owned land in amounts so vast that they would have to spend a good part of their life if they wanted to walk around every plot of their land.
S&P upgrades sovereign rating outlook
Business, Wichit Chantanusornsiri, Published on 13/12/2019
» S&P Global Ratings has upgraded its outlook on Thailand's sovereign credit rating to positive from stable, but it cautions that a return to political stability will not be enough to spur an economy beset by external challenges.
ADB revamps Asian growth for 2019-20
Business, Wichit Chantanusornsiri, Published on 12/12/2019
» The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in China and India is weighed down by both external and domestic factors.
Krungsri advises stimulus for middle class
Business, Wichit Chantanusornsiri, Published on 04/12/2019
» Fiscal stimulus should target the middle class and salaried workers as they are not as affected by the flagging economy and their purchasing power remains resilient, says the head of Krungsri Research.
PM: Trade in US dollars
Business, Wichit Chantanusornsiri, Published on 03/12/2019
» Prime Minister Prayut Chan-o-cha has called for the nation to spend in US dollar terms to increase capital outflows and weaken the baht.
GPF seeks nod to raise overseas asset ceiling
Business, Wichit Chantanusornsiri, Published on 30/11/2019
» The Government Pension Fund (GPF) is seeking board approval to increase its ceiling overseas asset allocation to 40% from 30%. It expects the process to be complete early next year.