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Search Result for “stimulus measures”

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GENERAL

New tourism minister eyes domestic spending

Narumon Kasemsuk, Published on 26/09/2025

» Thailand’s new tourism and sports minister wants to see the sector return to its healthy pre-pandemic level next year, prioritising budget usage to subsidise local consumption rather than giving handouts to foreign tourists.

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GENERAL

Thailand's credit rating not a concern, no VAT hike plan: official

Published on 26/09/2025

» Thailand's credit rating is not a concern due to very low levels of foreign debt, a deputy finance minister said on Friday, adding that the government is now trying to boost the economy to bring "the light at the end of the tunnel".

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MOTORING

Suzuki eschews battery EVs for hybrid, fuel cells

Business, Lamonphet Apisitniran, Published on 26/09/2025

» Suzuki Motor Corporation has shunned investment in battery electric vehicle production despite growing demand for BEVs, focusing instead on alternative technologies to make cars more environmentally friendly.

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INVESTMENT

Thai PM Anutin promises regulatory reform

Business, Nuntawun Polkuamdee, Published on 26/09/2025

» The new government has vowed to implement measures ahead of the next election to restore confidence in the country's capital market, including a regulatory guillotine expected to cut corporate costs by 134 billion baht annually, lifting GDP growth by 0.89% per year.

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GENERAL

InnovestX forecast finds reasons to be cheerful

Business, Nareerat Wiriyapong, Published on 26/09/2025

» The Thai economy is expected to slow over the next four quarters, resulting in growth of just 1.8% this year and 1.4% in 2026, even though economic stimulus and infrastructure investment announced by the new government could help shore up growth, says InnovestX Securities.

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GENERAL

Thai household debt surges to four-year high

Phusadee Arunmas, Published on 25/09/2025

» Average household debt in Thailand has surged by 22% from a year ago to reach a four-year high of 740,596 baht, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

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GENERAL

Fitch cuts Thailand’s outlook to negative

Published on 24/09/2025

» Fitch Ratings has downgraded Thailand’s credit rating outlook to negative from stable, citing rising risks to public finances from prolonged political uncertainty and weakening growth prospects.

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THAILAND

Lower public transport fares eyed for ‘quick win’

Published on 23/09/2025

» The government has outlined a two-phase policy framework for the Ministry of Transport, with an immediate four-month “quick win” programme focused on easing people’s financial burden by targeting public transport costs in the short term.

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INVESTMENT

Brokers tout steps to enliven listless bourse

Business, Nuntawun Polkuamdee, Published on 23/09/2025

» Brokerages are drafting a package of long-term tax incentives aimed at revitalising the capital market, hoping the measures can provide guidelines for the new finance minister Ekniti Nitithanprapas when he takes office.

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PROPERTY

New infrastructure expected to boost market in Northeast

Business, Kanana Katharangsiporn, Published on 19/09/2025

» New infrastructure is expected to revive the economy and strengthen home purchasing power in Nakhon Ratchasima and Udon Thani, as transfer and mortgage fee cuts and lower interest rates have had a limited effect, according to local developers.