Showing 1 - 10 of 18
‘No reason’ to resist rate cut, says finance official
Wichit Chantanusornsiri, Published on 22/03/2024
» The Bank of Thailand no longer has any reason to refrain from reducing its policy interest rate, says a senior official of the Ministry of Finance.
Striving for a more balanced economy
Oped, Wichit Chantanusornsiri, Published on 14/05/2020
» In its bid to alleviate the economic damage from the coronavirus pandemic through the 1-trillion-baht borrowing scheme, the Prayut Chan-o-cha government aims to provide immediate relief to millions who are in trouble, and also restore the grassroots economy, with a view to better balancing the economic system, so it depends less on exports and tourism.
IMF chief advises 'timely' policy push
Business, Wichit Chantanusornsiri, Published on 05/11/2019
» Thailand's strong macroeconomic fundamentals give policymakers space to use both fiscal and monetary policy to drag the economy out of the doldrums, according to the IMF chief.
FPO predicts 3% growth despite headwinds
Business, Wichit Chantanusornsiri, Published on 05/08/2019
» Amid the bleak economic outlook, the Fiscal Policy Office (FPO) remains optimistic that the economy will expand at least 3% this year, says its chief.
Finance minister airs 2019 concerns
Business, Wichit Chantanusornsiri, Published on 03/01/2019
» Finance Minister Apisak Tantivorawong sees interest rate hikes, capital mobility and political stability after the general election as economic concerns for 2019.
Apisak expects slower Thai growth in 2019
Business, Wichit Chantanusornsiri, Published on 13/12/2018
» The Thai economy in 2019 will slow down from this year, with the US-Sino trade rift a drag, but growth of 4% is still possible, says Finance Minister Apisak Tantivorawong.
Apisak eyes crackdown on bidder appeals
Business, Wichit Chantanusornsiri, Published on 22/09/2018
» The Finance Ministry is poised either to disqualify bidders who fail to win auctions and file unjustified appeals from taking part in other state procurement bidding or to demand compensation for project delays.
Tax privileges prove a drag on revenue
Business, Wichit Chantanusornsiri, Published on 22/08/2018
» The state's net revenue collection exceeded the target by 3.4% for the 10 months through July as the Revenue Department's tax revenue shortfall narrowed.
Customs to bar entry of 12,000 tonnes of imported e-waste
Business, Wichit Chantanusornsiri, Published on 24/07/2018
» The Customs Department plans to redirect at least 12,000 tonnes of plastic scrap and electronic-waste (e-waste) after importers failed to process customs clearance procedures on time.
Time for new chapter in tackling poverty
News, Wichit Chantanusornsiri, Published on 14/06/2018
» Over the past years the government has boasted of numerous economic advances, including an increase in GDP figures. Yet this does not necessarily bode well for its plan to tackle poverty. In fact, these achievements have exacerbated economic inequality, with farmers now marginalised at the bottom of the social spectrum.