Showing 1 - 10 of 31
Hunting for a place at the financial table
Wichit Chantanusornsiri, Published on 16/08/2024
» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.
Digital wallet paper to be assessed by panel
Business, Wichit Chantanusornsiri, Published on 20/03/2024
» The State Audit Commission appears to be preparing to establish a subcommittee to audit and provide recommendations to the government on the controversial digital wallet project.
NESDC downgrades Thai growth for 2023
Business, Wichit Chantanusornsiri, Published on 22/08/2023
» The National Economic and Social Development Council (NESDC) has revised its forecast for this year’s economic growth to 2.5-3%, down from the previous forecast of 2.7-3.7% due to the impact of the global economic slowdown, says secretary-general Danucha Pichayanan.
Backup plan in works in case budget is delayed
Wichit Chantanusornsiri, Published on 14/07/2023
» The Ministry of Finance is preparing a backup plan to sustain the economy if delays in forming a new government affect budget disbursement for the 2024 fiscal year starting on Oct 1.
Prospects for diesel tax cut extension remain unclear
Business, Wichit Chantanusornsiri, Published on 24/06/2023
» The Excise Department is still uncertain whether it can extend the diesel excise tax cut under the interim government, says director-general Ekniti Nitithanprapas.
Shutdown unlikely, says Uttama
Business, Wichit Chantanusornsiri, Published on 25/01/2020
» Finance Minister Uttama Savanayana has rushed to assure that Thailand will not suffer a government shutdown, even in the worst-case scenario that the 3.2-trillion-baht annual budget bill for fiscal 2020 faces a further hold-up.
SME package with soft loans on the cards
Business, Wichit Chantanusornsiri, Published on 15/01/2020
» The government plans to launch a new package of small and medium-sized enterprise (SME) support measures, in which soft loans and Board of Investment (BoI) incentives could be integral.
Policymakers weigh baht options
Business, Wichit Chantanusornsiri, Published on 04/01/2020
» Policymakers still have monetary and fiscal policy space to rein in the stronger baht, but it will be used when appropriate, says Finance Minister Uttama Savanayana.
Uttama seeks two economic panels
Business, Wichit Chantanusornsiri, Published on 26/12/2019
» Finance Minister Uttama Savanayana is set to push for the formation of two committees tasked with handling economic stability and government policies to drive the economy.
Uttama underlines MPC's policy rate independence
Business, Wichit Chantanusornsiri, Published on 01/11/2019
» Finance Minister Uttama Savanayana insists he will not intervene in the Bank of Thailand's monetary policy decision-making, allowing the central bank to have a full mandate to determine the policy rate.