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Search Result for “stimulus budget”

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GENERAL

Equities steady a day after big US bond sell-off

Business, Published on 24/05/2025

» RECAP: Asian equities stabilised on Friday, a day after a sell-off in Treasuries that reflected concerns about US fiscal stability and rattled markets around the globe.

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GENERAL

Tourism stimulus 'likely a damp squib', says stock brokerage

Business, Nuntawun Polkuamdee, Published on 23/05/2025

» The recently approved tourism stimulus is unlikely to have a significant impact on the stagnant sector during the low season given the limited budget allocation, although aviation and hospitality stocks may benefit in the short term, says Daol Securities.

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GENERAL

Stimulus plan set to be finalised this month

Business, Wichit Chantanusornsiri, Published on 23/05/2025

» The 157-billion-baht economic stimulus budget is expected to be concluded by the end of this month, says finance permanent secretary Lavaron Sangsnit.

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THAILAND

PM backs hold on handout

Published on 21/05/2025

» Prime Minister Paetongtarn Shinawatra has defended the government's decision to postpone the third phase of the 10,000-baht handout programme, saying uncontrollable circumstances made it impossible to implement it.

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GENERAL

Cabinet approves B157bn to counter US tariff impact

Reuters, Published on 20/05/2025

» The cabinet has reallocated 157 billion baht ($4.7 billion) of budget spending away from a consumer stimulus scheme to fund projects in the coming months that will help Thailand counter the impact of US tariffs, the government said on Tuesday.

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GENERAL

Thailand delays cash handout to boost infrastructure amid growth concerns

Reuters, Published on 19/05/2025

» Thailand will delay its direct cash handout scheme and use its remaining budget of 157 billion baht to invest in water management, transport, logistics and soft loans for small businesses instead, Finance Minister Pichai Chunhavajira said on Monday.

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GENERAL

NESDC slashes growth forecast to 1.8%

Published on 19/05/2025

» The state planning unit has slashed its economic growth forecast for this year to 1.8%, down from its earlier projection of 2.8% due to the impact of the global trade war.

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GENERAL

Would more debt fix the economy?

Business, Wichit Chantanusornsiri, Published on 17/05/2025

» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.

GENERAL

Panel to discuss stimulus measures on Monday

Wichit Chantanusornsiri, Published on 16/05/2025

» New economic stimulus measures will include short-term investment initiatives, spanning four to five months, designed to sustain economic growth of at least 2% this year, according to finance permanent secretary Lavaron Sangsnit.

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GENERAL

Consumer confidence drops for third month in a row

Business, Phusadee Arunmas, Published on 16/05/2025

» The consumer confidence index (CCI) dropped for a third consecutive month in April to hit its lowest level in seven months, attributed to concerns over US tariffs, falling agricultural product prices, and political uncertainties.