Showing 1 - 10 of 31
Finance ministry cuts Thai growth forecast
Published on 01/05/2025
» The Ministry of Finance has cut its forecast for Thailand’s economic growth this year to 2.1% from 3%, saying that the impact of US tariffs and a global slowdown would weigh on Southeast Asia's second-largest economy.
Thailand plans $1.7bn of soft loans for property sector
Published on 17/10/2024
» The government is planning to offer 55 billion baht (US$1.66 billion) of soft loans to support the property sector and help boost the economy, a deputy finance minister said on Thursday.
New Vayupak Fund tipped to boost stock market
Published on 13/08/2024
» The cabinet has approved in principle the establishment of the Vayupak Fund 1 valued at between 100 billion and 150 billion baht, with investment units expected to be available for purchase by September.
New credit guarantee agency to help small businesses
Published on 13/08/2024
» The cabinet has approved in principle the establishment of the National Credit Guarantee Agency (NaCGA), a new facility that will provide financial risk guarantees for smaller businesses seeking loans, Deputy Finance Minister Paopoom Rojanasakul said on Tuesday.
Finance Ministry raises GDP growth expectations
Published on 26/07/2024
» Thailand's economy is expected to grow 2.7% in 2024, the Ministry of Finance said on Friday, up from a previous forecast of 2.4% due to higher foreign tourist arrivals and exports.
PM promotes Thailand as financial hub
Wichit Chantanusornsiri, Published on 19/07/2024
» Prime Minister Srettha Thavisin delivered a keynote address at the Finance Ministry's "Ignite Finance" Initiative on Friday, part of his "Ignite Thailand" vision to position the country as a global financial hub.
Finance Ministry hits back at digital wallet criticism
Published on 24/04/2024
» The Ministry of Finance has reiterated that the government’s flagship digital wallet scheme is not only intended to offer economic relief to vulnerable groups, but also aims to stimulate the economy.
Evaluating the impact of war
Business, Published on 16/10/2023
» Geopolitical conflicts have tested the Thai economy the past few years, with Russia's invasion of Ukraine continuing as Israel and Hamas renew hostilities in the Middle East.
GDP growth target remains elusive
Business, Published on 09/10/2023
» The government led by Prime Minister Srettha Thavisin has set an ambitious target to raise annual GDP growth to 5%.
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.