Showing 1 - 10 of 162
Finance minister urges sovereign credit rating upgrade
Business, Wichit Chantanusornsiri, Published on 20/09/2024
» Thailand's sovereign credit rating should be upgraded, as the government's interest payment burden is relatively low, says Finance Minister Pichai Chunhavajira.
Minister seeks to escalate collaboration with China
Business, Wichit Chantanusornsiri, Published on 11/09/2024
» Thailand needs to ramp up collaboration with China to become a gateway for Chinese exports via the proposed land bridge project, says Finance Minister Pichai Chunhavajira.
B300 billion in state spending seen as a tonic
Wichit Chantanusornsiri, Published on 05/09/2024
» The Ministry of Finance expects more than 300 billion baht in government funds will be injected into the economy during the final quarter this year, pushing GDP growth to the anticipated range of 2.7% to 3%.
Private investment falls sharply in Q2
Wichit Chantanusornsiri, Published on 03/09/2024
» Private investment contracted significantly in the second quarter, primarily due to a decline in investment in commercial vehicles as financial institutions tightened lending, according to the Finance Ministry.
Agency maintains GDP forecast for the year
Business, Wichit Chantanusornsiri, Published on 20/08/2024
» The government's planning agency is maintaining its GDP forecast for this year but advises the government to speed up implementing measures to boost the economy and prepare the 2025 budget to address economic volatility caused by global crises.
Hunting for a place at the financial table
Wichit Chantanusornsiri, Published on 16/08/2024
» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.
Exim Bank offers cheap loans to halal exporters
Business, Wichit Chantanusornsiri, Published on 07/08/2024
» The Export-Import Bank of Thailand (Exim Bank) has teamed up with the Islamic Bank of Thailand (IBank) to offer loans with interest rates lower than the prime rate to support the goal of becoming Asean's halal hub by 2028.
Demand high for Exim's 1st Blue Bond
Business, Wichit Chantanusornsiri, Published on 27/07/2024
» The Export-Import Bank of Thailand (Exim Bank) has reported significant success with its first Blue Bond worth 3 billion baht, which saw subscription demand exceeding the amount issued by 2.5 times, reflecting strong demand from institutional and major investors.
Seeking new engines of growth
Wichit Chantanusornsiri, Published on 22/07/2024
» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.
Minister warns of low inflation
Wichit Chantanusornsiri, Published on 09/07/2024
» The prolonged period of low inflation in Thailand poses a danger to the economy, warns Deputy Finance Minister Paopoom Rojanasakul.