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Search Result for “policy rate”

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GENERAL

Thai taxman aims to tighten enforcement

Published on 15/05/2025

» The Revenue Department has vowed to tighten enforcement of tax collection from four types of businesses to ensure accurate payments.

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PROPERTY

Frasers Thailand upbeat on industrial property

Business, Kanana Katharangsiporn, Published on 15/05/2025

» SET-listed developer Frasers Property (Thailand) (FPT) expects its industrial property business to reach a new peak in 2025, with revenue hitting 4 billion baht and the overall occupancy rate climbing to 91%, driven by strong demand.

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OPINION

Thai-US trade talks are likely to fail

Oped, Chartchai Parasuk, Published on 15/05/2025

» Don't get too excited over news the temporary trade deal between China and the US will mean friendly negotiations with other countries. The US government still aims for higher import tax income to narrow its monstrous fiscal deficit. As explained in a previous article, Donald Trump would love to see an average tariff rate of around 20% or higher on imports. Higher customs revenue already allowed the US to achieve a budget surplus of US$258 billion (8.5 trillion baht) in April. The figure incorporates only a 10% universal tariff, as full reciprocal tariffs were postponed for 90 days from April 8. Just imagine how nice the US budget position would be with 20% or more import tariff revenue?

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THAILAND

Tariffs put fate of handout scheme in question

Post Reporters, Published on 14/05/2025

» The fate of the third phase of the government’s flagship digital wallet scheme is hanging in the balance in light of the impact of US tariffs on the Thai economy.

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GENERAL

Bank of Thailand tempers rate cut bets

Published on 14/05/2025

» The Bank of Thailand has lowered expectations for more interest rate cuts to deal with a worsening growth outlook, with officials saying they need to preserve limited policy space to guard against future shocks stemming from a global trade war.

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GENERAL

Tarrified: A bear market guide

Business, Published on 14/05/2025

» The market moves that followed Donald Trump's "Liberation Day" tariff announcements were quick and sharp, leaving many investors reeling in its aftermath. This illustrates how difficult -- even impossible -- it is to anticipate the direction of travel on any given day.

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GENERAL

Cabinet set to mull credit guarantee agency bill

Business, Wichit Chantanusornsiri, Published on 13/05/2025

» The Finance Ministry looks set to propose for cabinet consideration on Tuesday the draft bill for the National Credit Guarantee Agency (NaCGA), a new facility for small and medium-sized enterprises (SMEs) that provides direct guarantees for a low fee.

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GENERAL

Government targets tax reform in attempt to boost revenue

Business, Wichit Chantanusornsiri, Published on 13/05/2025

» Tax reform to increase government revenue must be seriously pursued to enhance fiscal strength, says finance permanent secretary Lavaron Sangsnit.

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INVESTMENT

Foreigners get keen on Thai markets

Business, Nuntawun Polkuamdee, Published on 13/05/2025

» Foreign investors have returned to Thailand's bond and equity markets, with net inflows into the bond market surpassing 40 billion baht in May and nearly 100 billion baht year-to-date, according to the Thai Bond Market Association (ThaiBMA).

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GENERAL

Investor confidence still stunted by trade concerns

Business, Published on 12/05/2025

» The investor confidence index (ICI) tallied by the Federation of Thai Capital Market Organizations (Fetco) remained in the bearish zone last month, weighed down by global trade tensions, geopolitical conflicts and the domestic political situation.