Showing 1 - 10 of 19
NESDC sees rising global risks in 2023
Business, Chatrudee Theparat, Published on 23/06/2022
» Structural changes in geopolitics are likely to create more risks for the Thai economy next year, warns the state planning unit's chief.
Cabinet extends low-income aid
Business, Chatrudee Theparat, Published on 22/06/2022
» The cabinet on Tuesday approved extending the existing measures for three months devised to alleviate the hardship of low-income earners from the surge in oil prices.
Growth cut due to inflation, slowdown
Business, Chatrudee Theparat, Published on 18/05/2022
» Mounting pressure from inflation, energy prices, the global economic slowdown and the prolonged conflict between Russia and Ukraine prompted the government's planning agency to lower its economic growth forecast yesterday to 2.5-3.5% for the year, down from the previous forecast of 3.5-4.5% in February.
Lower diesel subsidy possible by next month
Business, Chatrudee Theparat, Published on 20/04/2022
» The government may continue with the diesel subsidy programme beyond April to help consumers struggling with inflation, but the subsidy would be limited, according to Energy Minister Supattanapong Punmeechaow.
Call for focus on key drivers as conflict takes a toll
Business, Chatrudee Theparat, Published on 19/04/2022
» The government is being urged to concentrate on infrastructure development, private investment and tourism to boost growth, now that exports and household consumption are unlikely to be key economic contributors due to the Russia-Ukraine war.
PM outlines top priorities amid increasing inflation
News, Chatrudee Theparat, Published on 13/04/2022
» There must be no shortage of consumer goods or blackouts, and consumer prices must not rise too high, said Prime Minister Prayut Chan-o-cha as the government moves to tame inflation.
Subsidy on premium diesel revoked
Business, Chatrudee Theparat, Published on 30/03/2022
» The cabinet on Tuesday approved revoking the subsidy on premium diesel used in luxury cars, effective from April, in a move to save on budget expenses.
Finance minister adamant on Thailand's fiscal stability
Business, Chatrudee Theparat, Published on 25/03/2022
» Finance Minister Arkhom Termpittayapaisith insists Thailand still has enough fiscal stability to support the government to grow the economy despite the double whammy of soaring food and oil prices driven by strong demand and the Russia-Ukraine war.
Panel to mull wage hike proposal
News, Chatrudee Theparat, Published on 25/03/2022
» Members of the tripartite national wage committee are expected to meet later this year to consider a proposal calling for the government to increase the daily minimum wage rate in response to the increase in living costs in the kingdom, Labour Minister Suchart Chomklin said on Thursday.
Study trims growth to 3% if crude averages $150
Business, Chatrudee Theparat, Published on 25/03/2022
» Thai economic growth may fall to 3% this year if the Dubai crude oil price averages US$150 per barrel, according to a joint study by the government's planning unit, the Bank of Thailand and the Fiscal Policy Office.