Showing 31 - 40 of 1,326
Agency maintains GDP forecast for the year
Business, Wichit Chantanusornsiri, Published on 20/08/2024
» The government's planning agency is maintaining its GDP forecast for this year but advises the government to speed up implementing measures to boost the economy and prepare the 2025 budget to address economic volatility caused by global crises.
Investment spending off target
Wichit Chantanusornsiri, Published on 19/08/2024
» Only 45% of the government's investment budget was disbursed during the first 10 months of fiscal 2024, far short of the 75% target, according to the Finance Ministry.
Less budget borrowing needed
Business, Wichit Chantanusornsiri, Published on 17/08/2024
» The Public Debt Management Office (PDMO) is unlikely to borrow the entire 805 billion baht it is permitted to utilise to offset the budget deficit, as there are sufficient treasury reserves, according to the office's chief.
Thai govt eager to proceed with sales of Vayupak Fund units
Business, Wichit Chantanusornsiri, Published on 16/08/2024
» Despite Thailand's political reshuffle, the State Enterprise Policy Office (Sepo) remains committed to proceeding with the planned sale of units of the Vayupak Fund.
Hunting for a place at the financial table
Wichit Chantanusornsiri, Published on 16/08/2024
» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.
Scheme to develop financial hub begins
Business, Wichit Chantanusornsiri, Published on 13/08/2024
» The Finance Ministry is forming a committee tasked with developing policies and drafting legislation to establish the country as a financial hub.
ARI-AMC to handle B30bn in bad loans
Business, Wichit Chantanusornsiri, Published on 13/08/2024
» ARI-AMC, a joint venture between Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM), looks set to transfer non-performing loans (NPLs) from the bank worth 30 billion baht for management.
New Vayupak units to launch by year-end
Business, Wichit Chantanusornsiri, Published on 09/08/2024
» The Finance Ministry is preparing to conduct a market sounding for a new Vayupak Fund and expects to offer investment units for sale by the end of this year.
Government Savings Bank president maintains focus on social impact
Business, Wichit Chantanusornsiri, Published on 09/08/2024
» Vitai Ratanakorn, now in his second term as president of Government Savings Bank (GSB), has reiterated the bank's commitment to operating as a social bank, increasing access to the financial system for all people rather than focusing on maximising profits.
Exim Bank offers cheap loans to halal exporters
Business, Wichit Chantanusornsiri, Published on 07/08/2024
» The Export-Import Bank of Thailand (Exim Bank) has teamed up with the Islamic Bank of Thailand (IBank) to offer loans with interest rates lower than the prime rate to support the goal of becoming Asean's halal hub by 2028.