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Search Result for “global average”

Showing 51 - 60 of 98

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OPINION

High-income goal needs a reality check

News, Wichit Chantanusornsiri, Published on 31/10/2019

» Thailand "will become a high-income country by 2036", said Prime Minister Prayut Chan-o-cha, as he spoke of his "Vision 2036" at the 74th Session of the United Nations General Assembly in New York last month.

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BUSINESS

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.

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BUSINESS

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.

BUSINESS

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).

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BUSINESS

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.

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OPINION

Welfare not a banquet, but a necessity

News, Wichit Chantanusornsiri, Published on 07/03/2019

» The ongoing election campaign is seeing all competing political parties make ambitious promises to turn Thailand into a welfare state to entice their prospective supporters.

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BUSINESS

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.

BUSINESS

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).

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BUSINESS

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.

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THAILAND

Ministry says 5% growth possible

Business, Wichit Chantanusornsiri, Published on 27/07/2018

» Thai GDP growth of 5% is likely this year if the global economy's performance and state spending outpace expectations, the Finance Ministry says.