Showing 1 - 10 of 14
Long-term structural issues hobble Thailand's growth
Business, Wichit Chantanusornsiri, Published on 05/01/2026
» Thailand's economy has been mired in a prolonged period of low growth.
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%.
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.
Bank of Thailand chief selection on course
Business, Wichit Chantanusornsiri, Published on 25/06/2025
» The top qualifications for the new governor of the Bank of Thailand must include the ability to work smoothly and effectively with the Finance Ministry, says Finance Minister Pichai Chunhavajira.
Thailand’s first three virtual banks approved
Wichit Chantanusornsiri, Published on 19/06/2025
» The Ministry of Finance has approved three successful applicants to establish the first virtual banks in the country, the Bank of Thailand announced on Thursday.
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.
TDRI sounds alarm on excess stimulus
Business, Wichit Chantanusornsiri, Published on 17/02/2025
» The Thailand Development Research Institute (TDRI) has warned that excessive government stimulus beyond the GDP potential could trigger a wage-price spiral, which may lead to a future economic crisis.
Ministry preps extra funds for Q4
Business, Wichit Chantanusornsiri, Published on 21/09/2021
» The Finance Ministry will pump additional money into the economic system in the fourth quarter to further improve the flagging economy amid the prolonged Covid-19 pandemic, said director-general of the Fiscal Policy Office (FPO), Kulaya Tantitemit.
Capacity to repay to normalise by 2024
Business, Wichit Chantanusornsiri, Published on 21/09/2021
» The debt repayment capacity of retail customers at Government Savings Bank (GSB) will gradually return to normal levels in three years once the pandemic is controlled, said bank president Vitai Ratanakorn.