Showing 1 - 10 of 22
Thai credit rating set to remain unchanged
Business, Wichit Chantanusornsiri, Published on 23/12/2024
» Moody's is likely to maintain Thailand's sovereign credit rating after two other rating agencies -- Standard & Poor's (S&P) and Fitch Ratings -- maintained the rating with a stable outlook, according to the Public Debt Management Office (PDMO).
Analysts dubious of CP Axtra project
Business, Nareerat Wiriyapong, Published on 18/12/2024
» SET-listed CP Axtra (CPAXT), a wholesale and retail business unit of Charoen Pokphand (CP) Group, plans to invest 12-15 billion baht in a mixed-use real estate development project that has analysts concerned about the company's debt burden and corporate governance.
Cooking gas prices unchanged
Business, Yuthana Praiwan, Published on 18/12/2024
» Domestic cooking gas prices will remain unchanged at 423 baht per 15-kilogramme cylinder until the end of March next year, though this increases the financial burden for the debt-ridden state Oil Fuel Fund, says the Energy Policy Administration Committee (EPAC).
Driving regional growth: UOB’s vision for Thailand
Business, Somruedi Banchongduang, Published on 11/12/2024
» UOB Thailand is poised to support business clients with their regional expansion, capitalising on Southeast Asia’s growth potential, while also helping Thai individuals access financial services more effectively amidst growing household debt.
Thai businesses call for huge stimulus
Business, Post Reporters, Published on 09/12/2024
» The business sector is calling for multiple government stimulus measures, especially tax incentives and a household debt reduction scheme, to revive the economy and give the public a New Year's gift.
Elon Musk and his US$2 trillion fiscal fantasy
News, Jeffrey Frankel, Published on 27/11/2024
» When the US presidential election was called for Donald Trump, the yield on ten-year US government bonds increased from 4.3% to 4.4%, and the 30-year-bond yield rose from 4.5% to 4.6%, with both remaining at those levels ten days later. As the bond market declined -- higher yields mean lower prices -- the stock market rose. Clearly, investors expect the next Trump administration to produce higher government budget deficits and more debt.
Debt bailout warning
News, Editorial, Published on 25/11/2024
» The Paetongtarn government has announced a bold policy to address Thailand's mounting household debt crisis. The initiative includes a three-year suspension of interest payments for mortgages, vehicle loans and loans for small and medium-sized enterprises (SMEs), among other items.
Finance Ministry plans to convert THAI debt
Wichit Chantanusornsiri, Published on 19/11/2024
» The Ministry of Finance is preparing to convert the debt of Thai Airways International into equity, with a proposal expected to be submitted to the cabinet this month as part of a plan to increase the company’s capital.
Projected growth seen boosting housing demand next year
Business, Kanana Katharangsiporn, Published on 19/11/2024
» The projected economic growth for 2025, along with measures to address household debt, support for vulnerable groups and an anticipated increase in foreign arrivals, are expected to boost housing demand after an estimated 4.4% decline in 2024.
Stimulus package slated for year-end
Business, Wichit Chantanusornsiri, Published on 18/11/2024
» The government is poised to introduce an economic booster package at year-end, extending into 2025.