Showing 31 - 40 of 72
Public debt not scary yet, PDMO says
Business, Wichit Chantanusornsiri, Published on 27/07/2020
» Thailand's increased public debt, attributed to borrowing to sustain economic conditions during the pandemic, remains below the average rate seen in emerging markets, says the Public Debt Management Office.
GPF eyes more stable returns with new investment strategy
Business, Wichit Chantanusornsiri, Published on 06/12/2019
» The Government Pension Fund (GPF) has shifted its investment strategy towards more stable returns amid the global economic slowdown and Sino-US trade spat.
GPF seeks nod to raise overseas asset ceiling
Business, Wichit Chantanusornsiri, Published on 30/11/2019
» The Government Pension Fund (GPF) is seeking board approval to increase its ceiling overseas asset allocation to 40% from 30%. It expects the process to be complete early next year.
FPO slashes growth outlook to 2.8%
Business, Wichit Chantanusornsiri, Published on 29/10/2019
» The Finance Ministry's Fiscal Policy Office (FPO) downgraded the country's economic growth outlook this year to 2.8% from 3% in August in response to the expectation of a deeper export drop.
Somkid downplays rate role in boosting growth
Business, Wichit Chantanusornsiri, Published on 20/09/2019
» Interest rates are less important than confidence as a mechanism for propping up economic growth, says Deputy Prime Minister Somkid Jatusripitak.
Exim: Scant 0.2% growth due this year
Business, Wichit Chantanusornsiri, Published on 01/08/2019
» The country's export growth is estimated to reach a meagre 0.2% this year, weighed down by the US-Sino trade spat and the stronger baht, according to Export-Import Bank of Thailand (Exim Thailand).
Soft drinks' tax haul gains 2-3%
Business, Wichit Chantanusornsiri, Published on 12/03/2019
» Excise revenue collected from soft drinks for the first five months of fiscal 2019 rose by 2-3%, with full-year revenue collection targeted at 25 billion baht, says the Excise Department.
PDMO backs debt cap
Business, Wichit Chantanusornsiri, Published on 12/01/2019
» The Public Debt Management Office (PDMO) is keen to defend the cap of 60% on the ratio of public debt to GDP, saying the limit is in line with international standards and provides sufficient fiscal space to cushion against crises and drive growth.
FPO points to export gain despite US-China impasse
Business, Wichit Chantanusornsiri, Published on 29/11/2018
» The Sino-US trade row has had at least some positive impact on Thai exports, with a 10-month gain of US$150 million (4.95 billion baht), says the Fiscal Policy Office (FPO).
FPO holds GDP growth at 4.5% on consumption uptick
Business, Wichit Chantanusornsiri, Published on 30/10/2018
» The Fiscal Policy Office (FPO) is maintaining its forecast for the country's economic growth at 4.5% as private consumption picks up and investment counters sagging global demand.