Showing 1 - 10 of 648
Digital wallet scheme hits another snag
Oped, Chartchai Parasuk, Published on 13/06/2024
» The new financing problem of the 10,000-baht cash handout, commonly known as the Digital Wallet Scheme (DW), has not made much noise in the media. This may be because the government wants this to be a non-issue, but in reality, it is a serious one that could wreck the entire scheme.
Asian shares advance on rate-cut optimism
Business, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.
Handout to be 'paid out at same time'
News, Mongkol Bangprapa, Published on 06/06/2024
» Deputy Finance Minister Paopoom Rojanasakul insisted yesterday that the 50 million people eligible to each receive 10,000 baht under the government's digital wallet scheme will receive the sum at the same time in the last quarter of the year as initially planned.
Saha Group unfazed by daily wage hike
Business, Kuakul Mornkum, Published on 31/05/2024
» The fragile domestic purchasing power in the lower income segment and the lack of long-term investment would create a tremendous challenge for the government to stimulate the economy, according to Saha Group, the country's leading consumer goods conglomerate.
New finance minister a calming influence
Published on 29/05/2024
» SINGAPORE - Thailand’s new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support the country’s battered markets.
Divided on the economy
News, Published on 25/05/2024
» From the showdown between the ruling Pheu Thai Party and the Bank of Thailand (BoT) came a call for coalition parties to ponder parting ways with the government.
Racing to poverty
Oped, Postbag, Published on 23/05/2024
» Re: "Srettha woos F1 giants in Italy", (BP, May 21).
Stark reality behind economic figures
Oped, Chartchai Parasuk, Published on 16/05/2024
» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.
Industrialists join rate-cut chorus
Lamonphet Apisitniran, Published on 07/05/2024
» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).