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Search Result for “economy”

Showing 51 - 60 of 54,708

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GENERAL

Consumer confidence at 7-month low

Reuters, Published on 13/06/2024

» Thai consumer confidence dropped for a third straight month in May, falling to its lowest level since October last year on concerns over a slow economic recovery and political uncertainty, a survey showed on Thursday.

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GENERAL

TikTok in government tie-up to boost SME sales

Business, Suchit Leesa-nguansuk, Published on 13/06/2024

» The e-commerce platform TikTok Shop on Wednesday signed a memorandum of understanding (MoU) with the Department of Business Development to drive contributions from small and medium-sized enterprises (SMEs) to 40% of GDP by 2027, rising from 35%.

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THAILAND

Srettha won't parachute adviser into BoT

News, Mongkol Bangprapa, Published on 13/06/2024

» Prime Minister Srettha Thavisin has insisted his chief adviser and former finance minister Kittiratt Na-Ranong is not eligible to vie for the top seat on the board of the Bank of Thailand (BoT) to replace the incumbent whose term expires in September 2025.

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THAILAND

39% of Q3 investment budget spent

News, Wichit Chantanusornsiri, Published on 13/06/2024

» The disbursement of the government's investment budget in the third quarter of this fiscal year has reached almost 40%, nearly double the set target thanks to the accelerated disbursement measures, according to Finance Minister Pichai Chunhavajira.

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GENERAL

MPC votes 6-1 to keep policy rate

Business, Somruedi Banchongduang, Published on 13/06/2024

» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.

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PROPERTY

Trying to create a fairer property tax

Business, Wichit Chantanusornsiri, Published on 13/06/2024

» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.

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OPINION

Digital wallet scheme hits another snag

Oped, Chartchai Parasuk, Published on 13/06/2024

» The new financing problem of the 10,000-baht cash handout, commonly known as the Digital Wallet Scheme (DW), has not made much noise in the media. This may be because the government wants this to be a non-issue, but in reality, it is a serious one that could wreck the entire scheme.

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WORLD

Myanmar poverty deepening, says World Bank

Published on 12/06/2024

» Poverty in Myanmar is more widespread than at any time in the last six years, while economic growth in the conflict-torn country is likely to remain at 1% with little respite in sight, the World Bank said on Wednesday.

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GENERAL

Central bank leaves key rate unchanged again

Published on 12/06/2024

» The Bank of Thailand left its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected, despite repeated calls by the government to lower borrowing costs to help revive the economy.

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GENERAL

Vietnam may permit gold imports for first time in years

Reuters, Published on 12/06/2024

» SINGAPORE - Vietnam could allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an industry official told Reuters.