Showing 1 - 10 of 1,399
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
Hoteliers oppose B280m package for online travel agents
Business, Molpasorn Shoowong, Published on 22/08/2024
» Thai hoteliers are opposed to the cabinet's approval of 280 million baht to support tourism packages provided by online travel agents (OTAs), fearing most of the income would flow out to foreign platforms, while local operators cannot reap benefits.
Q2 GDP growth may be misleading
News, Chartchai Parasuk, Published on 22/08/2024
» I eagerly awaited the release of the Q2/2024 GDP growth figure which became available on Monday. The 2.3% growth figure, presented by the Office of the National Economic and Social Development Council (NESDC), did not surprise me. A friend had warned me that the quarterly growth could be as high as 2.5%, even though my estimation for the quarter was only 1.0%.
Investor confidence stays flat for 5th month in a row
Nuntawun Polkuamdee, Published on 11/07/2024
» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone for a fifth consecutive month in June, though it noted that stimulus measures and companies' earnings reports could improve the sentiment in the second half.
Ministry preps stimulus measures
Business, Wichit Chantanusornsiri, Published on 04/07/2024
» The Finance Ministry is quickly preparing a proposal to the cabinet for soft loan and tax measures to stimulate investment, says Deputy Finance Minister Paopoom Rojanasakul.
Outdated laws hinder growth
Published on 24/06/2024
» Thailand's economy has become sluggish and can't be salvaged by simply injecting money through programmes such as the government's 500-billion-baht digital money handout scheme, which will likely help stimulate the economy in only one or two quarters, according to former prime minister Abhisit Vejjajiva.
Rejig of incentives sought to encourage investment
Business, Nuntawun Polkuamdee, Published on 09/05/2024
» The Federation of Thai Capital Market Organizations (Fetco) is preparing to propose to the Finance Ministry reviving long-term equity funds (LTFs) and adjusting the investment conditions for Thailand ESG funds to attract more investment into the local bourse.
Wallet fog fails to lift
Oped, Editorial, Published on 19/04/2024
» The government's announcement on the details of its digital wallet scheme on April 10 was meant to boost the popularity of both the Srettha Thavisin administration, as well as the Pheu Thai Party.
Reaping the property stimulus rewards
Business, Kanana Katharangsiporn, Published on 18/04/2024
» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.
March investor confidence stays virtually unchanged
Business, Nuntawun Polkuamdee, Published on 11/04/2024
» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone in March as the market expects more economic stimulus, while fund outflows continued and delays to the US Federal Reserve's interest rate cuts undermined sentiment.