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Search Result for “currency”

Showing 1 - 10 of 97

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BUSINESS

S&P stance backs state policy

Business, Wichit Chantanusornsiri, Published on 15/11/2025

» S&P Global Ratings' affirmation of Thailand's credit rating and outlook underscores confidence in the government's economic policies, which are focused on transparency and strong fiscal discipline, says Finance Minister Ekniti Nitithanprapas.

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BUSINESS

Office outlines expected goals for revised fiscal framework

Business, Wichit Chantanusornsiri, Published on 03/11/2025

» The revised medium-term fiscal framework should focus on strengthening revenue generation and rationalising government expenditure to reinforce fiscal credibility with ratings agencies, says the chief of the Fiscal Policy Office (FPO).

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BUSINESS

How to manage the nation's assets

Business, Wichit Chantanusornsiri, Published on 04/10/2025

» The creation of a Thai sovereign wealth fund (SWF) has been debated in the country for several years.

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BUSINESS

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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BUSINESS

Medium-term fiscal plan set to be revised

Business, Wichit Chantanusornsiri, Published on 26/09/2025

» The government is preparing to revise the medium-term fiscal plan and set out a fiscal consolidation framework to sustainably reduce the deficit, with the deficit expected to gradually decline after 2026.

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BUSINESS

Thailand's G-Token a borrowing innovation

Business, Wichit Chantanusornsiri, Published on 24/05/2025

» The current monetary system has long served as a medium of exchange for goods, but encrypted digital information systems are challenging that legacy.

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BUSINESS

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.

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THAILAND

Phase 3 of handouts in doubt

News, Wichit Chantanusornsiri, Published on 07/05/2025

» The next phase of the government's flagship money handout scheme requires some revisions as the impact of US President Donald Trump's tariff policies on the global economy looms large, Prime Minister Paetongtarn Shinawatra said on Tuesday.

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BUSINESS

Government upbeat on steady credit rating

Business, Wichit Chantanusornsiri, Published on 25/04/2025

» The government remains confident that credit rating agencies will maintain Thailand's sovereign credit rating at its current level thanks to the strength of Thai financial institutions and the country's ability to retain fiscal discipline after the Covid-19 crisis.

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BUSINESS

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.