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Search Result for “cliff”

Showing 1 - 10 of 53

BUSINESS

Ekniti submits new savings account plan

Business, Wichit Chantanusornsiri, Published on 29/10/2025

» The Finance Ministry plans to call for a new individual savings account (ISA) as a tax-deductible savings instrument to replace the retirement mutual fund (RMF) and long-term equity fund (LTF) schemes.

BUSINESS

Government to ramp up spending

Aekarach Sattaburuth, Published on 01/10/2025

» Finance Minister Ekniti Nitithanprapas has underscored the urgent need to accelerate government spending, describing it as the only remaining engine capable of rescuing Thailand's economy from its current malaise.

BUSINESS

Rate pause is lifeline saved for turbulence ahead: Bank of Thailand

Bloomberg, Published on 27/06/2025

» The Bank of Thailand (BoT’s) decision to leave borrowing costs unchanged this week gives it a “monetary lifeline” to deal with challenges ranging from US tariffs and geopolitical tensions to domestic politics, according to Deputy Governor Piti Disyatat.

BUSINESS

Bank of Thailand says banking system is resilient

Business, Published on 27/11/2024

» The banking system remains resilient with robust levels of capital, loan-loss provisions and liquidity, according to the central bank.

BUSINESS

Thai growth upgraded as cash handout improves outlook

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 17/10/2024

» Analysts have upgraded Thailand's GDP forecast for this year and next to 2.8% and 3%, respectively, thanks to the government's cash handout lifting the economy, but warned of an "economic cliff" in 2026 if no new growth engine is introduced.

BUSINESS

Economy performing below potential, says minister

News Agencies and Online Reporters, Published on 28/08/2024

» Thailand’s economic growth has not reached its full potential, though there are some signs of recovery, according to Paopoom Rojanasakul, a caretaker deputy finance minister.

BUSINESS

Bid to get Chiang Mai back on climbing map

Business, Narumon Kasemsuk, Published on 19/06/2024

» Chiang Mai tourism operators want to showcase the province's mountainous charms to capture a rock climbing market that boasts 44.5 million enthusiasts worldwide, while urging the government to support the activity and sport in many provinces as it offers great potential to help expand the tourism sector.

BUSINESS

Analysts: Rate cut unlikely before Q2 of 2025

Business, Nareerat Wiriyapong, Published on 26/04/2024

» The Bank of Thailand is unlikely to lower interest rates until the second quarter of 2025, when the economy could hit a fiscal cliff after the impact of the 10,000-baht digital handout diminishes, as expectations grow that the Federal Reserve will keep US rates elevated for longer, say analysts.

BUSINESS

Memorable 'Mom Moments'

Business, Published on 02/08/2023

» Central Pattana Plc has launched the "Mom Moments" campaign to create memorable moments and to boost Thai tourism throughout August.

BUSINESS

Credit Suisse says it will borrow up to $53.7bn from central bank

AFP, Published on 16/03/2023

» ZURICH: Credit Suisse announced Thursday that it would borrow almost US$54 billion from the Swiss central bank to reinforce the group after a plunge in its share prices.