Showing 1 - 10 of 73
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%.
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.
Local industrial output up after 9-month decline
Wichit Chantanusornsiri, Published on 01/06/2025
» Industrial output has turned positive for the first time in nine months, with the automotive sector rebounding after a 21-month slump, says Deputy Finance Minister Paopoom Rojanasakul.
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.
Minimal impact from Moody's revision foreseen
Business, Wichit Chantanusornsiri, Published on 01/05/2025
» Moody's downgrade of Thailand's outlook from stable to negative is unlikely to affect the country's financial or capital markets, says the chief of the Public Debt Management Office (PDMO).
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.
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.
Digital wallet ambitions scaled down after criticism
Business, Wichit Chantanusornsiri, Published on 27/12/2024
» The government's much-touted digital wallet project, initially envisioned as a major stimulus initiative, similar to an "economic whirlwind", appears to have lost its momentum.
Finance Ministry pegs growth goal at 3.5%
Business, Wichit Chantanusornsiri, Published on 31/10/2024
» The Finance Ministry has set a lofty economic growth target of 3.5% a year.