Showing 1 - 10 of 37
New stimulus efforts target higher growth
Business, Wichit Chantanusornsiri, Published on 08/12/2025
» The government is preparing to promote year-end economic stimulus measures to encourage spending, aiming to lift fourth-quarter GDP growth above 1%.
Revenue collection may not reach goal
Business, Wichit Chantanusornsiri, Published on 15/07/2025
» The government's revenue collection for fiscal 2025 may fall short of its target due to the impact of the economic slowdown, says finance permanent secretary Lavaron Sangsnit.
GSB head urges prolonged rate cut
Business, Wichit Chantanusornsiri, Published on 23/06/2025
» Vitai Ratanakorn, president of Government Savings Bank (GSB) and a candidate for Bank of Thailand governor, has suggested the policy interest rate should be greatly lowered for a sustained period to revive the stagnant economy.
Call for measures to halt surge in bad debt
Business, Wichit Chantanusornsiri, Published on 10/06/2025
» The National Economic and Social Development Council (NESDC) wants to improve the conditions for debt restructuring to prevent special mention (SM) loans from deteriorating into non-performing loans (NPLs), after a noticeable increase in the former in last year's fourth quarter.
US-China tariff pause eases trade tension
Business, Wichit Chantanusornsiri, Published on 19/05/2025
» The temporary agreement between the US and China to slash the severe reciprocal tariffs imposed on each other and to cooperate to prevent further disruption to the global economy should have a positive impact on trade, according to an analyst.
'Shaky' 6 months ahead
News, Wichit Chantanusornsiri, Published on 02/05/2025
» Thailand's economy will likely experience "turbulence" for six months, during which the government will roll out proactive measures to help cushion any negative impacts, Deputy Prime Minister Pichai Chunhavajira said yesterday.
Bank for Agriculture seeks to address elderly farmers' bad debt
Business, Wichit Chantanusornsiri, Published on 10/04/2025
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is exploring solutions to address non-performing loans (NPLs) among elderly borrowers, including establishing an asset management company.
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.
Pickup loan scheme to aid economy by B21bn
Business, Wichit Chantanusornsiri, Published on 26/03/2025
» The Finance Ministry says it expects its pickup loan guarantee measure to entice 6,250 new pickup purchases this year.
Thailand faces grim employment prospects
Business, Wichit Chantanusornsiri, Published on 17/03/2025
» Thailand's employment prospects are negative as there are clearer signs of a shrinking workforce, evidenced by fewer insured workers under Section 33 of the Social Security Act, which covers more than 10 million people, according to the Federation of Thai SMEs.