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GENERAL

Trade upgrade

Business, Wichit Chantanusornsiri, Published on 03/06/2024

» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.

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BUSINESS

Policy rate rise expected

Business, Wichit Chantanusornsiri, Published on 04/08/2022

» The meeting of the Bank of Thailand's Monetary Policy Committee (MPC) next week is expected to raise the policy rate by 0.50%, according to Pipat Luengnaruemitchai, chief economist of KKP Research under Kiatnakin Phatra Securities Public Co.

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THAILAND

Predee quits finance post

News, Wichit Chantanusornsiri, Published on 02/09/2020

» Finance Minister Predee Daochai has resigned after only 26 days in the job in the wake of a reported conflict with his deputy over the appointment of the director-general of the Excise Department.

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BUSINESS

New finance minister ready to seek remedies

Business, Wichit Chantanusornsiri, Published on 13/08/2020

» Newly appointed Finance Minister Predee Daochai is set to meet with the ministry's officials this week to discuss the economy and upcoming remedy measures.

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BUSINESS

Finance Ministry upbeat on private investment

Business, Wichit Chantanusornsiri, Published on 27/12/2019

» The Finance Ministry has painted a rosy picture of private investment, forecasting 2020 growth of 4.6%, up from 2.7% predicted for this year.

BUSINESS

Fetco asks for split deductions

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

» The Federation of Thai Capital Market Organizations (Fetco) has requested the Finance Ministry separate tax-deductible contributions for the new tax-saving fund to replace long-term equity funds (LTFs) from those for retirement mutual funds (RMFs).

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BUSINESS

Ministry looks to mandatory CoST scheme

Business, Wichit Chantanusornsiri, Published on 19/09/2018

» The Finance Ministry has set its sights on adopting mandatory construction sector transparency (CoST) for state projects in an effort to cut corruption.

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BUSINESS

FPO seconds 3.8% GDP growth view

Business, Wichit Chantanusornsiri, Published on 29/09/2017

» The country's economy is likely to achieve the 3.8% growth forecast by the Bank of Thailand, mainly because of consistently strong export growth, says Krisada Chinavicharana, head of the Fiscal Policy Office (FPO).