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BUSINESS

Trump tariffs may hinder Thai employment rate

Business, Wichit Chantanusornsiri, Published on 27/02/2025

» The state planning unit has raised concerns that US President Donald Trump's protectionist trade measures may lead to increased unemployment in Thailand.

BUSINESS

Fears that rising loans could lead to debt trap

Business, Wichit Chantanusornsiri, Published on 26/11/2024

» The National Economic and Social Development Council (NESDC) has raised concerns about the rising trend of consumer loans, fearing that this could lead to a debt trap, a situation in which an individual, a household or even a country is forced to take new loans to repay existing debt obligations.

BUSINESS

Senator eager to improve casino plan

Business, Wichit Chantanusornsiri, Published on 01/04/2024

» With the resurgence of interest in legalising casinos to bolster economic growth as the digital wallet and Land Bridge policies remain on hold, the government is being urged to reassess the details of a proposed casino and entertainment complex.

BUSINESS

More public-private projects in pipeline

Business, Wichit Chantanusornsiri, Published on 29/01/2024

» Eight government investment projects worth a combined 100 billion baht will be developed this year under public-private partnerships (PPP), says Tibordee Wattanakul, director-general of the State Enterprise Policy Office (Sepo).

BUSINESS

Agency upbeat on use of blockchain tech

Business, Wichit Chantanusornsiri, Published on 05/07/2023

» The Comptroller-General's Department (CGD) believes the use of the blockchain technology in government auctions will increase transparency and create fairness for all bidders, says comptroller-general Kulaya Tantitemit.

BUSINESS

Economic doldrums cause BAAC loans to decrease

Business, Wichit Chantanusornsiri, Published on 23/08/2021

» Loans from the Bank for Agriculture and Agricultural Cooperatives (BAAC) in the first quarter of its accounting year expanded at a lower rate than the same period the previous year, attributed to a slowing economy, says president Tanaratt Ngamvalairatt.

BUSINESS

GSB: 3% growth this year likely

Business, Wichit Chantanusornsiri, Published on 12/04/2021

» State-owned Government Savings Bank (GSB) forecasts the country's economic expansion may fare better than expected, driven by the reopening to foreign tourists.

BUSINESS

FPO warns 4% growth this year will be difficult

Business, Wichit Chantanusornsiri, Published on 30/03/2021

» The government's ambitious goal of 4% economic growth this year will be difficult, requiring a lot of effort and a host of supporting factors such as higher exports, recovering foreign tourist arrivals and active private investment, says the Finance Ministry's Fiscal Policy Office (FPO).

BUSINESS

Exim Bank sees NPLs increase from 2019

Business, Wichit Chantanusornsiri, Published on 23/07/2020

» Bad loans at the Export-Import Bank of Thailand (Exim Bank) rose by almost two percentage points in the first half from year-end 2019 as Thai exports have been reeling from the pandemic.

BUSINESS

Lottery office leads in revenue remittance

Business, Wichit Chantanusornsiri, Published on 09/10/2019

» State enterprises' revenue remittance exceeded the target by 1% for fiscal 2019, with the Government Lottery Office (GLO) contributing the most income to state coffers.