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Search Result for “public debt”

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THAILAND

Govt looks set to rejig cabinet at month end

News, Aekarach Sattaburuth, Published on 14/01/2012

» The ruling Pheu Thai Party may reshuffle the cabinet late this month in a bid to strengthen the stability of the Yingluck Shinawatra administration, a Pheu Thai source said yesterday.

THAILAND

CDA 'a waste of public money'

News, Kamol Hengkietisak, Published on 14/01/2012

» Ukrit Mongkolnavin, chairman of the National Commission on Legal Justice, held a press conference this week to denounce Pheu Thai and the red shirts' proposal to set up a National Constitution Drafting Assembly to draw up a new constitution as costly and time consuming, reported Post Today.

WORLD

Euro crisis deepens as ratings agency strikes

AFP, Published on 13/01/2012

» The eurozone economy plunged back into crisis as France and Austria were stripped of their top triple-A credit ratings and Standard and Poor's downgraded a swathe of debt-laden EU members.

THAILAND

Weekly highlights

Veera Prateepchaikul, Published on 13/01/2012

» Two street protests greeted the government this week with more to come soon and the government's plan for a two billion baht compensation package for victims of political violence seems to have backfired. But the "talk of the town" is the ear-bashing incident at Suvarnabhumi airport.

WORLD

Japan PM shuffles cabinet to rescue tax hike plan

AFP, Published on 13/01/2012

» Japan's premier on Friday reshuffled his cabinet just four months into the job as he looks to rescue plans to raise the sales tax and dig the country out from under its mountain of debt.

THAILAND

Bankers fret about repayment

News, Published on 13/01/2012

» Local bankers remain uncertain about how authorities will finance the repayment of 1.14 trillion baht in bailout debt from the 1997 economic crisis.

BUSINESS

Ministry scrutinises auction transparency

Business, Published on 13/01/2012

» Finance Minister Thirachai Phuvanatnaranubala has questioned the transparency of the government's auction process and instructed his ministry to find ways to improve the situation.

WORLD

Key debt crisis deals near as Italy, Spain beat bond blues

AFP, Published on 12/01/2012

» Negotiators reached an outline deal Thursday on a European pact to restore balanced budgets and Greece voiced hope it will secure a private debt write-down, as Italy and Spain sailed through their first bond auctions of the year.

WORLD

Italy wins Merkel praise as German economy slows

AFP, Published on 12/01/2012

» German Chancellor Angela Merkel on Wednesday assured Italy its tough austerity measures would be "rewarded", amid signs her own economy was grinding to a halt as tensions in eurozone markets simmered.

BUSINESS

Tapping reserve urged

Business, Published on 12/01/2012

» An economist has suggested the Bank of Thailand set aside 20% of foreign reserves to use as a funding source for repaying the 1.14-trillion-baht debt of the Financial Institutions Development Fund (FIDF) set up after the 1997 crisis.