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BUSINESS

US levies scupper Thailand's chances of 3% GDP growth

Business, Wichit Chantanusornsiri, Published on 30/04/2025

» Thai GDP is unlikely to reach the target of 3% growth this year because of US President Donald Trump's tariffs, says finance permanent secretary Lavaron Sangsnit.

BUSINESS

Call for Thai budget rejig

Business, Wichit Chantanusornsiri, Published on 16/04/2025

» Last year, for the first time in a decade, Thailand surpassed Malaysia in the IMD World Competitiveness Center's global rankings, coming in second in Southeast Asia behind Singapore, which retained the top spot at the regional level and was ranked as the world's most competitive economy.

BUSINESS

Premier touts commitment to investment opportunities

Business, Wichit Chantanusornsiri, Published on 13/03/2025

» The government has committed to transforming global economic uncertainty into investment opportunities for the country.

BUSINESS

Ministry embracing data-driven approach to policymaking

Business, Wichit Chantanusornsiri, Published on 17/07/2024

» The Finance Ministry wants to upgrade its fiscal policymaking by adopting a data-driven approach.

BUSINESS

NESDC outlines nation's transition

Business, Wichit Chantanusornsiri, Published on 19/09/2023

» Over the past five years, economic growth has fallen below the targets set, while over the next two years Thailand will still have to face the challenges and uncertainties of the global economy, said Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), during an annual meeting yesterday entitled "Transitioning Thailand: Coping with the Future".

BUSINESS

Arkhom calms jitters

Business, Wichit Chantanusornsiri, Published on 23/03/2023

» Finance Minister Arkhom Termpittayapaisith has offered reassurance that Thai financial institutions will not be affected by the banking debacle in the US and Europe as local organisations have little exposure to such banks.

BUSINESS

State promises B300bn 'enough' to fight outbreak

Business, Wichit Chantanusornsiri, Published on 17/04/2021

» The government has insisted it has at least 300 billion baht available in funds to fight a fresh Covid-19 outbreak.

BUSINESS

Ministry taps state banks to boost rural economy

Business, Wichit Chantanusornsiri, Published on 19/12/2019

» The Finance Ministry plans to prioritise strengthening the rural economy and accelerate infrastructure investments in 2020 as a means to cushion against external headwinds.

BUSINESS

Uttama says history won't repeat itself

Business, Wichit Chantanusornsiri, Published on 30/08/2019

» Finance Minister Uttama Savanayana insists that the economy will not spiral into a deep abyss as seen during the Tom Yum Kung crisis of 1997, given the country's hefty foreign reserves and solid fiscal position.

THAILAND

Hospitals call off strike over management of personnel

News, Wichit Chantanusornsiri, Published on 01/06/2018

» Groups of medical and health care personnel at state-run hospitals who threatened to stage a protest over two controversial budgetary- and employment-related regulations called off their rally on Thursday after the rules were temporarily shelved.