Showing 1 - 10 of 13
'No way' Thailand is a currency manipulator
Business, Pathom Sangwongwanich, Published on 26/06/2017
» Thailand's risk of being labelled a currency manipulator by the US is "de minimis" or unlikely as the baht movement is in line with other Asian currencies, says an executive at Citibank.
Sino-Thai railwork set for December
Business, Pathom Sangwongwanich, Published on 22/09/2016
» The draft contract for the Sino-Thai high-speed railway should be finalised in October, and the first phase of construction is now expected to start in December, says Transport Minister Arkhom Termpittayapaisith.
Households seek more credit
Business, Pathom Sangwongwanich, Published on 11/07/2016
» Personal loans expanded again in May, indicating that households are still struggling and seeking fresh borrowing.
IMF backs fiscal plan
Business, Pathom Sangwongwanich, Published on 08/12/2015
» The government's infrastructure investment plans are not expected to pose a threat to Thailand's fiscal health, as authorities have taken several steps to uphold financial discipline, says the International Monetary Fund (IMF).
Q2 growth of less than 3% foreseen
Business, Pathom Sangwongwanich, Published on 11/08/2015
» Second-quarter figures are expected to show the economy expanded at a weaker pace than in the first quarter, at less than 3% year-on-year.
Moody's sounds warning
Business, Pathom Sangwongwanich, Published on 11/06/2015
» Concerns are mounting over Thailand's individual and SME borrowers, as their debt leverage ratio and asset quality are seen to be increasingly vulnerable to the sluggish economic growth conditions, says Moody's Investors Service.
Property tax back on agenda
Business, Pathom Sangwongwanich, Published on 04/06/2015
» The much-touted land and buildings tax is expected to be at the top of the cabinet's agenda over the next two months after a delay since March based on public concerns about burdensome taxation.
4G auctions 'on track'
Business, Pathom Sangwongwanich, Published on 27/02/2015
» The government insists the fourth-generation (4G) spectrum auctions will take place before September in order to accelerate development of Thailand's digital economy.
VAT set to be increased
Business, Pathom Sangwongwanich, Published on 02/12/2014
» Value-added tax (VAT) may be raised by at least one percentage point next year to finance the government's planned loosening of fiscal policy by increasing the fiscal-2015 budget by 12-13% from this year's.
Economic loss 'less than from floods'
Business, Pathom Sangwongwanich, Published on 09/01/2014
» Even though the potential impact on the economy from the planned Bangkok shutdown remains uncertain, the scale of the loss is expected to be less than that from the 2011 floods, economists say.