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Search Result for “insolvency”

Showing 1 - 5 of 5

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.

BUSINESS

Shaving shipping risk

Business, Wichit Chantanusornsiri, Published on 15/03/2021

» The pandemic is a once-in-a-century crisis that will leave scars in the form of persistent economic damage, and some insurance companies see the risks as a ticking time bomb.

BUSINESS

Thailand leaps 6 spots in EODB

Business, Wichit Chantanusornsiri, Published on 25/10/2019

» Thailand advanced six notches to 21st out of 190 countries in the World Bank's 2020 Ease of Doing Business (EODB) rankings.

BUSINESS

Departments trade data

Business, Wichit Chantanusornsiri, Published on 20/03/2019

» The Revenue Department has linked its information with the Legal Execution Department to better chase down the tax liabilities of people who went bankrupt.

BUSINESS

Thailand seeking to crack World Bank top 20 ranking

Business, Wichit Chantanusornsiri, Published on 16/01/2018

» Thailand could crack the top 20 of the World Bank's Ease of Doing Business ranking for 2019 after it managed to jump to 26th-most business-friendly nation in the 2018 ranking, says Prime Minister Office Minister Kobsak Pootrakool.