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Search Result for “sinking”

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BUSINESS

Secretary: Scheme tool for stimulus

Business, Wichit Chantanusornsiri, Published on 03/04/2024

» Thailand needs to inject stimulus money into the economy and the digital wallet scheme is one tool to accomplish this goal, says finance permanent secretary Lavaron Sangsnit.

BUSINESS

Govt mulls ways to keep State Oil Fund from sinking

News, Wichit Chantanusornsiri, Published on 06/07/2022

» The Energy Ministry is considering ways to boost the State Oil Fund, which is more than 100 billion baht in debt, a well-placed source revealed on Tuesday.

BUSINESS

Uttama nixes recession utterances

Business, Wichit Chantanusornsiri, Published on 29/11/2019

» Thailand has caught a cold but is not on the verge of recession, says Finance Minister Uttama Savanayana.

BUSINESS

Uttama says expansion continues, no recession

Business, Wichit Chantanusornsiri, Published on 05/09/2019

» Finance Minister Uttama Savanayana reiterated that the economy is just slowing, not sinking into a recession, and urged state enterprises to accelerate investment to help reverse the country's tepid momentum.

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.

BUSINESS

Apisak sees signs of capital flight end

Business, Wichit Chantanusornsiri, Published on 20/07/2018

» Thailand's capital flight shows signs of ending, says Finance Minister Apisak Tantivorawong, reiterating that the country's high foreign reserves provide a cushion against the sell-off by foreign investors.