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Search Result for “WICHIT CHANTANUSORNSIRI”

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GENERAL

Candidates vie for post of governor

Business, Published on 17/06/2025

» The Bank of Thailand is preparing to welcome a new governor as the incumbent, Sethaput Suthiwartnarueput, is scheduled to complete his term on Sept 30, 2025. The selection process for this crucial role is highly anticipated, given the significant economic challenges facing Thailand and the importance of central bank leadership in shaping monetary policy and financial stability.

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GENERAL

Ministry rebuffs reports of returned pico-finance licences

Business, Wichit Chantanusornsiri, Published on 16/06/2025

» The Finance Ministry has dismissed reports suggesting a growing number of business operators are returning their pico-finance licences due to an increase in non-performing loans (NPLs).

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GENERAL

Projects must 'move the needle'

Business, Wichit Chantanusornsiri, Published on 16/06/2025

» Economic stimulus projects seeking funding from allocated budget of 157 billion baht must be sufficiently large to move the needle and effectively address targeted problems, says Deputy Finance Minister Julapun Amornvivat.

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MOTORING

EV promotions adjusted to address glut

Business, Wichit Chantanusornsiri, Published on 16/06/2025

» The government is stepping up efforts to adjust the conditions of electric vehicle (EV) promotion measures to address a potential oversupply.

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GENERAL

Cambodia’s economic response downplayed

Published on 13/06/2025

» The economic measures Cambodia has taken against Thailand in response to the countries’ border dispute indicate the nation is a few steps ahead of its neighbour, both in terms of retaliation and its posture in negotiations, says an analyst.

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PROPERTY

Treasury, KTB and GH Bank team up on appraisal prices

Wichit Chantanusornsiri, Published on 13/06/2025

» The Treasury Department has integrated its land appraisal data with Krungthai Bank (KTB) and the Government Housing (GH) Bank in an effort to make appraisal prices more reflective of market prices and increase public access to formal lending systems.

GENERAL

Official reveals criteria for stimulus

Business, Wichit Chantanusornsiri, Published on 12/06/2025

» The 157-billion-baht economic stimulus package expected to generate domestic employment, increase production that affects the domestic supply chain, and promote investment, is expected to go before the Economic Stimulus Committee over the next few weeks.

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MOTORING

Troubled EV firm Neta may have to repay Thai subsidies

Published on 11/06/2025

» Electric vehicle (EV) importers participating in the Thai government’s subsidy programme are required to return any subsidies received if they fail to comply with the conditions, says Deputy Finance Minister Paopoom Rojanasakul.

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GENERAL

Tariff impact likely in Q3

Business, Wichit Chantanusornsiri, Published on 11/06/2025

» The impact of US President Donald Trump's tariffs on the Thai economy is likely to become clearer in the third quarter, says Deputy Finance Minister Julapun Amornvivat.

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INVESTMENT

Early surge in foreign investment in EEC

Business, Wichit Chantanusornsiri, Published on 10/06/2025

» The number of foreigners investing in the Eastern Economic Corridor (EEC) during the first four months of 2025 rose 40% year-on-year to 108, according to deputy government spokeswoman Sasikarn Wattanachan.