Showing 1 - 10 of 167
Baht fundamentals have deteriorated
Business, Published on 23/05/2024
» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.
Cabinet approves plan to raise 2024 budget
Reuters, Published on 21/05/2024
» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.
Govt plans to increase budget by B122bn to fund handout scheme
Reuters, Published on 20/05/2024
» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.
CRC Thaiwatsadu to open 13 new branches this year
Business, Kuakul Mornkum, Published on 16/05/2024
» CRC Thaiwatsadu Co, the home improvement and construction material unit under Central Retail Corporation (CRC), views the economy in the second half of this year as promising and plans to open 13 new branches within this year.
Siam Piwat gets behind push to host 'World Pride' in 2030
Business, Kuakul Mornkum, Published on 15/05/2024
» Siam Piwat Group, a leading real estate and retail developer, is reinforcing its support for diversity, equality and inclusion with its "The Celebration: Right to Love" campaign that celebrates the same-sex marriage bill coming into force by year-end, preparing Thailand to be a potential host for "World Pride" in 2030.
Srettha favours name change for Hua Hin airport
Chaiwat Satyaem, Published on 13/05/2024
» Prime Minister Srettha Thavisin is considering changing the name of Hua Hin airport to Phetch-Hua Hin, to also better promote the adjoining province of Phetchaburi.
Industry sees options to BoT spat
Business, Lamonphet Apisitniran, Published on 13/05/2024
» The government should seek more acceptable options to resolve its dispute with the Bank of Thailand over policy rates rather than attempt to curb the regulator's power, which is a contentious tactic, says Montri Mahaplerkpong, vice-chairman of the Federation of Thai Industries.
War of independence
Business, Published on 13/05/2024
» Following a speech by Pheu Thai Party leader Paetongtarn Shinawatra declaring the independence of the Bank of Thailand an obstacle to fixing a stagnant economy, the issue has been echoed in media reports, fuelling an ongoing rift between the central bank and the coalition government.
More economists speak up for BoT
Published on 09/05/2024
» A group representing 300 economists has spoken out in favour of the Bank of Thailand’s independence in setting monetary policy after government and business leaders stepped up calls for lower interest rates to support economic growth.
Digital wallet eligibility terms tweaked
Wichit Chantanusornsiri, Published on 08/05/2024
» The government has added a new condition for its digital wallet handout, saying recipients must not have more than 500,000 baht in their deposit accounts as of March 31.