Showing 1 - 10 of 83
GPF portfolio strategy shifts to handling risks
Business, Wichit Chantanusornsiri, Published on 24/05/2024
» The Government Pension Fund (GPF), the second-largest fund in the country, has shifted its investment strategy this year to creating a portfolio capable of handling appropriate risks, rather than maximising profits.
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
Digital wallet paper to be assessed by panel
Business, Wichit Chantanusornsiri, Published on 20/03/2024
» The State Audit Commission appears to be preparing to establish a subcommittee to audit and provide recommendations to the government on the controversial digital wallet project.
NESDC revises growth outlook
Business, Wichit Chantanusornsiri, Published on 20/02/2024
» The National Economic and Social Development Council (NESDC) has revised down gross domestic product (GDP) growth for 2023 and its outlook for 2024 to 1.9% and 2.7%, suggesting the Bank of Thailand (BoT) use financial measures to support the economy, says secretary-general Danucha Pichayanan.
Justifying the digital wallet scheme
Business, Wichit Chantanusornsiri, Published on 16/11/2023
» The 10,000-baht digital wallet scheme is considered the flagship policy of the Pheu Thai-led coalition given its prominence in the election campaign.
Anti-graft body eyes digital handout plan
Wichit Chantanusornsiri, Published on 12/10/2023
» The government has reiterated its assurances that its 10,000-baht digital wallet handout will follow all relevant laws, adding that scrutiny of the programme is always welcome.
PM meets central bank chief
News, Wichit Chantanusornsiri, Published on 03/10/2023
» Prime Minister Srettha Thavisin said on Monday he would hold more talks with Bank of Thailand governor Sethaput Suthiwartnarueput to fine-tune their views on the country's economic, financial and monetary affairs.
App picked for digital handout
Wichit Chantanusornsiri, Published on 14/09/2023
» The government will use the Krungthai Bank Pao Tang app for its digital wallet project, Prime Minister Srettha Thavisin said on Thursday.
How Thailand's welfare state could change
Business, Wichit Chantanusornsiri, Published on 28/06/2023
» For the past few decades, many countries have been working towards providing "healthcare for all", including equity in access to healthcare and healthcare financing.
Prospects for diesel tax cut extension remain unclear
Business, Wichit Chantanusornsiri, Published on 24/06/2023
» The Excise Department is still uncertain whether it can extend the diesel excise tax cut under the interim government, says director-general Ekniti Nitithanprapas.