Showing 61 - 70 of 3,969
PM defends budget top-up to fund handout
Aekarach Sattaburuth, Published on 17/07/2024
» Increasing the 2024 fiscal budget by 122 billion baht is crucial to stimulate the economy, Prime Minister Srettha Thavisin said on Wednesday, as he proposed a supplementary budget bill to the House to help fund the digital wallet scheme.
Thailand approves B100bn soft loan scheme for banks
Reuters, Published on 16/07/2024
» BANGKOK - Thailand's cabinet on Tuesday approved a 100-billion-baht (US$2.8-billion) soft loan scheme where funds would be lent to commercial banks so they could on-lend to borrowers at below-market rates, a deputy finance minister said.
Government Pension Fund being more selective about investment
Business, Somruedi Banchongduang, Published on 16/07/2024
» The Government Pension Fund (GPF) has raised concerns about portfolio investments in consumer loan-related businesses due to heightened credit risk within the financial sector.
Risk appetite improves as US rate-cut hopes rise
Business, Published on 13/07/2024
» RECAP: Most Asian stock markets struggled for direction yesterday, but were set to post weekly gains as risk sentiment got a boost after a surprisingly soft US inflation data fuelled bets for a September interest-rate cut.
Cathay Pacific mulls upgrading its post-Covid recovery timeline
Published on 12/07/2024
» Cathay Pacific Airways expects flight volumes to fully rebound from Covid in the first few weeks of 2025, a person familiar with the matter said, as the airline’s pilot recruitment program goes according to plan and demand for travel remains buoyant.
Doubts cast on central bank's GDP forecasts
Business, Somruedi Banchongduang, Published on 12/07/2024
» Thailand's GDP growth is unlikely to increase in the second half of this year as anticipated by the central bank, according to the newly-appointed chairman of the National Economic and Social Development Council (NESDC), the state planning agency.
Strict loan rules weigh on vehicle sales
Business, Published on 11/07/2024
» We have turned negative on Thailand's vehicle sales for 2024 after recording weaker-than-expected sales results for the first four months of the year, and showing little potential for a rebound over the second half of 2024 due to debt pressure.
Banks that don't want money bode ill
News, Chartchai Parasuk, Published on 11/07/2024
» When is the last time readers experienced a situation like this? One takes money to deposit in a bank and the bank says please take your money elsewhere as we have no use for it. Such an unusual situation is happening in Thailand at this moment. Thai banks are reducing their credit portfolios and, consequently, reducing their needs for funding.
Thai economy not good, with growth worsening: Finance Minister Pichai
Reuters, Published on 10/07/2024
» Thailand's economy has not been good for a long time, with growth deteriorating as it faces structural problems, Finance Minister Pichai Chunhavajira said on Wednesday.
Minister warns of low inflation
Wichit Chantanusornsiri, Published on 09/07/2024
» The prolonged period of low inflation in Thailand poses a danger to the economy, warns Deputy Finance Minister Paopoom Rojanasakul.