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Search Result for “billion baht”

Showing 81 - 90 of 589

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BUSINESS

Cabinet approves transaction tax on securities trades

Reuters, Published on 29/11/2022

» The cabinet on Tuesday approved a financial transaction tax on securities trades on the Stock Exchange of Thailand (SET), ending a three-decade waiver, Deputy Finance Minister Santi Promphat said on Tuesday.

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BUSINESS

Finance Ministry trims GDP growth outlook to 3.4%

Reuters, Published on 28/10/2022

» The Finance Ministry on Friday trimmed its 2022 economic growth outlook to 3.4% from 3.5% projected earlier, with the main drivers being a recovery in private consumption and the crucial tourism sector, Fiscal Policy Office (FPO) director-general Pornchai Thiraveja said.

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BUSINESS

Consumer confidence at 8-month high in September

Reuters, Published on 12/10/2022

» Thai consumer confidence rose for a fourth straight month in September, reaching an eight-month high, bolstered by improved economic activity following the easing of Covid-19 curbs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

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BUSINESS

Thai bond issuance to reach record $34bn this year - association

Reuters, Published on 10/10/2022

» Thai bond issuance is set to reach a record high this year of 1.3 trillion baht ($34.46 billion) as borrowers race to lock in costs as the economy recovers, an industry body said on Monday.

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BUSINESS

Economy still in recovery in August on tourism rebound

Reuters, Published on 30/09/2022

» Thailand’s economy was still on a path to recovery in August on rebounding tourism and domestic demand, which would continue to support economic activity, the Bank of Thailand (BoT) said on Friday.

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BUSINESS

Govt plans B820bn in new borrowing in 2023 fiscal year

Reuters, Published on 27/09/2022

» The cabinet on Tuesday approved new borrowing of about 820 billion baht in the 2023 fiscal year starting Oct 1 to help finance a budget deficit, the Finance Ministry said.

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BUSINESS

Acting PM Prawit asks Finance Ministry to monitor weak baht

Reuters, Published on 20/09/2022

» Acting Prime Minister Prawit Wongsuwan has asked the Finance Ministry to closely monitor the weak baht and its volatility and seek broad opinion to determine policies, a government official said on Tuesday.

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BUSINESS

Consumer confidence at 7-month high in August

Reuters, Published on 13/09/2022

» Thai consumer confidence rose for a third straight month in August, reaching a seven-month high, bolstered by improved economic activity following government support measures and easing of Covid-19 curbs, a survey showed on Tuesday.

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BUSINESS

Govt looks to Indian weddings to boost tourism revenue

Reuters, Published on 31/08/2022

» Thailand hopes to boost its tourism revenue to between 600 billion-700 billion baht by year-end, by targeting high-spending groups like Indian wedding parties and honeymooners, a senior tourism official said.

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BUSINESS

July exports rise 4.3% y/y, below forecast

Reuters, Published on 26/08/2022

» Thailand's exports in July rose at their slowest pace in more than a year as global economic growth slowed and supply chain disruptions increasingly affected shipments of industrial goods, Commerce Minister Jurin Laksanawisit said on Friday, missing analysts' expectations.