Showing 1 - 10 of 114
Oil tax cuts possible if subsidies get too pricey
Wichit Chantanusornsiri, Published on 18/03/2026
» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.
Trump looms large in 2026 local outlook
Business, Wichit Chantanusornsiri, Published on 23/12/2025
» The global economy in 2026 is likely to continue to be shaped by US President Donald Trump's policies, especially concerning trade, with Thailand already affected by his tariffs policy.
SCB expects panel to cut policy rate to 1%
Business, Wichit Chantanusornsiri, Published on 22/12/2025
» Siam Commercial Bank (SCB) expects the Monetary Policy Committee (MPC) to cut the policy rate to 1% by the first half of next year to support inflation and mitigate debt deflation risks.
Call for reform as growth craters
Business, Wichit Chantanusornsiri, Published on 17/12/2025
» Political parties are being urged to demonstrate their commitment to economic reform, as next year Thailand's GDP is expected to expand by only 1.5%.
Agency to monitor growing scam threat
Business, Wichit Chantanusornsiri, Published on 27/10/2025
» The National Economic and Social Development Council (NESDC) has committed to regularly monitor and report on scam-related crimes, which have emerged as a growing social threat.
Name of new BoT chief to be presented to cabinet on Tuesday
Business, Wichit Chantanusornsiri, Published on 22/07/2025
» The nomination for the next governor of the Bank of Thailand is set to be submitted for cabinet approval on Tuesday, with Vitai Ratanakorn, president of the Government Savings Bank, highly likely to be the name put forward by Finance Minister Pichai Chunhavajira.
State bank to help 2m vulnerable people
Business, Wichit Chantanusornsiri, Published on 03/07/2025
» The Government Savings Bank (GSB) has vowed to help 2 million vulnerable people a year access formal credit.
Government Savings Bank president likely to be next central bank governor
Business, Wichit Chantanusornsiri, Published on 26/06/2025
» Vitai Ratanakorn, president of Government Savings Bank, is highly likely to be nominated as the new governor of the Bank of Thailand, with political leaders eager to shift the regulator's policy direction towards stronger monetary policies that they believe would support the economy.
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.