Showing 1 - 8 of 8
Government outperforms revenue goals
Business, Wichit Chantanusornsiri, Published on 27/06/2023
» Government revenue for the first eight months of fiscal 2023 exceeded its target by 122 billion baht as a result of economic recovery and active imports, says Fiscal Policy Office director-general Pornchai Thiraveja.
Using power wisely
Business, Wichit Chantanusornsiri, Published on 05/06/2023
» A new government is expected to be formed following the general election last month, riding the turbulent winds of geopolitical and technological change, which is likely to cause disruption.
Warning over household debt surge
Business, Wichit Chantanusornsiri, Published on 23/05/2023
» The National Economic and Social Development Council (NESDC) warns that Thailand's ballooning household debt will become a serious problem if employment and the economy decelerate, says secretary-general Danucha Pichayanan.
NESDC demands discipline
Business, Wichit Chantanusornsiri, Published on 16/05/2023
» The National Economic and Social Development Council (NESDC) has warned the new government to strictly maintain financial and fiscal discipline as it will affect foreign investors' confidence in the Thai economy, says secretary-general Danucha Pichayanan.
Ministry sets targets for tax reform
Business, Wichit Chantanusornsiri, Published on 05/05/2023
» The Finance Ministry has set four targets for tax reform, aiming to boost revenue to cover expenses and deal with future economic uncertainties, says Fiscal Policy Office director-general Pornchai Thiraveja.
Thai growth slashed based on weak exports
Business, Wichit Chantanusornsiri, Published on 26/04/2023
» The Fiscal Policy Office (FPO) has downgraded its forecast for Thai economic growth this year to 3.6% from 3.8%, mostly based on expectations of an export contraction.
Baht all safe and sound
Business, Wichit Chantanusornsiri, Published on 24/04/2023
» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.
Policy rate raised to 1.75%
Business, Wichit Chantanusornsiri, Published on 30/03/2023
» The Bank of Thailand hiked its policy rate by 0.25 percentage points yesterday for a fifth consecutive meeting in an attempt to tame inflation as the economic recovery gathers steam.