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Search Result for “billion baht”

Showing 1 - 10 of 574

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GENERAL

Cabinet approves plan to raise 2024 budget

Reuters, Published on 21/05/2024

» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.

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GENERAL

Govt plans to increase budget by B122bn to fund handout scheme

Reuters, Published on 20/05/2024

» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.

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INVESTMENT

Investment pledges jump 31%

Reuters, Published on 02/05/2024

» Investment pledges to Thailand were up 31% in the first quarter of 2024 when compared to same period a year earlier, the Board of Investment (BOI) said Thursday.

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GENERAL

Digital wallet scheme coming in Q4, says Srettha

Reuters, Published on 10/04/2024

» The government's 500 billion baht (US$13.75 billion) digital wallet handout scheme will be rolled out in the fourth quarter of this year, Prime Minister Srettha Thavisin said on Wednesday.

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GENERAL

Bank of Thailand seen cutting rates twice this year

Reuters, Published on 04/04/2024

» Thailand's Bond Market Association (ThaiBMA) on Thursday said it expects the Bank of Thailand (BoT) to cut rates twice this year starting from June and totalling 50 basis points.

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GENERAL

Business group maintains GDP growth forecast

Reuters, Published on 03/04/2024

» Thailand's economy is expected to grow 2.8% to 3.3% this year, a leading joint business group said on Wednesday, maintaining a previous forecast.

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THAILAND

Thailand records 9.4 million tourists since Jan

Reuters, Published on 02/04/2024

» Thailand recorded 9.4 million foreign tourists in the first three months of this year, who contributed an estimated 454.6 billion baht (US$12.4 billion) to the economy in spending, the Tourism and Sports Ministry said on Tuesday.

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GENERAL

Household debt rises to 91.3% of GDP

Reuters, Published on 29/03/2024

» The ratio of household debt to gross domestic product in Thailand rose slightly to 91.3% at the end of 2023 from 91% in September, the Bank of Thailand said on Friday, as the economy slowed.

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GENERAL

Govt forges ahead with 'digital wallet' handout scheme

Reuters, Published on 20/03/2024

» The government is forging ahead with a 500-billion-baht (US$13.8-billion) handout scheme and may still need to borrow to finance it, a deputy finance minister said on Wednesday.

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THAILAND

Thailand reconsiders legalising casinos, up to now a losing bet

Reuters, Published on 16/03/2024

» The government is again considering legalising casinos to draw investment and tourism, a study submitted to the House of Representative on Friday showed, but such proposals have been losing bets in the past because of public disapproval.