Showing 1 - 10 of 31
Long-term structural issues hobble Thailand's growth
Business, Wichit Chantanusornsiri, Published on 05/01/2026
» Thailand's economy has been mired in a prolonged period of low growth.
PM's 'nightmare' is Vietnam surge
Business, Wichit Chantanusornsiri, Published on 09/10/2025
» Prime Minister Anutin Charnvirakul says it is a "nightmare" to see Thailand's economy lagging behind Vietnam.
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.
Unpacking the debt-to-GDP ratio
Business, Wichit Chantanusornsiri, Published on 29/03/2025
» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.
Cabinet to consider carbon tax next week
Business, Wichit Chantanusornsiri, Published on 04/12/2024
» The Finance Ministry is set to propose a carbon tax for cabinet approval on Dec 11.
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.
Retirement lottery to the rescue
Business, Wichit Chantanusornsiri, Published on 25/07/2024
» It is alarming that nearly half of the country's workforce, comprising 37.5 million people, lacks a retirement savings plan.
Central bank urged to take FIDF debt burden
Business, Wichit Chantanusornsiri, Published on 11/05/2024
» A proposal by a Finance Ministry official to shift the debt burden responsibility of the Financial Institutions Development Fund (FIDF) to the Bank of Thailand (BoT) has been put forward, as the central bank is already responsible for repaying both the principal and interest of the debt.
Advisor insists public debt still at reasonable level
Business, Wichit Chantanusornsiri, Published on 09/03/2024
» Despite an increase in public debt during the pandemic, the Public Debt Management Office (PDMO) insists the level remains manageable.
NESDC issues warning on welfare spending surge
Business, Wichit Chantanusornsiri, Published on 28/11/2023
» The National Economic and Social Development Council (NESDC) has warned the government that the fiscal gap is starting to narrow due to the expansion of the state welfare budget, said secretary-general Danucha Pichayanan.