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Search Result for “thai government spending”

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GENERAL

New retirement lottery scheme slammed by critics

Business, Wichit Chantanusornsiri, Published on 03/10/2025

» Critics are arguing the new government's proposed online lottery for retirement savings is a weaker tool for building savings than the previous administration's "retirement lottery" programme.

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GENERAL

New stimulus to turbocharge GDP

Business, Wichit Chantanusornsiri, Published on 02/10/2025

» New Finance Minister Ekniti Nitithanprapas says the government's economic stimulus plan will enable GDP expansion of more than 1% in the fourth quarter, up from an earlier forecast of just 0.3%.

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GENERAL

Calls for 24-hour Sadao checkpoint

Business, Molpasorn Shoowong, Published on 02/10/2025

» The number of arrivals and revenue from the Malaysian tourism market can increase by 20-30% if bribery at the border is resolved and the new government extends the operating hours of border checkpoints, according to Hat Yai tourism operators.

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OPINION

Digitisation needed

Oped, Postbag, Published on 02/10/2025

» Re: "New DES minister urged to prioritise AI", (Business, Sept 23). My son, who completed a BBA, has just joined an MBA programme at a local university. For this, he had to cancel his existing visa from his college and apply for a fresh one through his new university. He reached the immigration office at 8am and was given token 78 for cancellation and 900 for issuance of a new visa. With each applicant's process taking about 10 minutes, he would easily be spending over 12 hours there. The officials work beyond 4.30pm and until 9pm to issue or reject every visa.

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GENERAL

Thai central bank says no unusual market moves after US government shutdown

Reuters, Published on 01/10/2025

» The Bank of Thailand (BoT) reported on Wednesday there had been no unusual movements in the country's financial markets following the US government shutdown, and it was monitoring the situation.

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THAILAND

Co-payment stimulus scheme to start on Oct 29

Published on 01/10/2025

» The government’s Khon La Khrueng (half-half) co-payment economic stimulus scheme will begin on Oct 29, with registration expected to open soon after cabinet approval next week, according to Finance Minister Ekniti Nitithanprapas.

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GENERAL

Government to ramp up spending

Aekarach Sattaburuth, Published on 01/10/2025

» Finance Minister Ekniti Nitithanprapas has underscored the urgent need to accelerate government spending, describing it as the only remaining engine capable of rescuing Thailand's economy from its current malaise.

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GENERAL

BoT forecasts 0.2% bump from stimulus package

Business, Somruedi Banchongduang, Published on 01/10/2025

» The Bank of Thailand estimates the government's 66-billion-baht stimulus package will contribute roughly 0.2% to GDP growth.

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GENERAL

Asian Development Bank cuts Thai GDP outlook

Business, Nareerat Wiriyapong, Published on 01/10/2025

» The Asian Development Bank (ADB) has lowered its Thai GDP growth estimates for this year and next, citing export deceleration, a slow recovery of foreign tourist arrivals, as well as weakened private consumption and investments.

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GENERAL

Weak China market dents eatery sector

Business, Kuakul Mornkum, Published on 30/09/2025

» Restaurant operators don't expect the upcoming eight-day Chinese Golden Week to supercharge the industry's mood, as the number of Chinese customers might not reach as high a level as last year.