Showing 41 - 50 of 335
Oil Fund borrowing bumps up public debt-to-GDP ratio
Business, Wichit Chantanusornsiri, Published on 12/01/2023
» Thailand's public debt-to-GDP ratio rose to 61.4% in fiscal 2023, above an earlier estimate of 60.4%, after the inclusion of the Finance Ministry's total guarantee for the Oil Fuel Fund's borrowings -- tallying 110 billion baht -- in the country's public debt management plan.
Stimulus policies target the vulnerable
Business, Wichit Chantanusornsiri, Published on 17/11/2022
» Economic stimulus policies will be more targeted towards vulnerable groups, Finance Minister Arkhom Termpittayapaisith told a business forum on Wednesday.
State banks positioned to increase rates next year
Business, Wichit Chantanusornsiri, Published on 16/11/2022
» Government Housing Bank (GH Bank) and Government Savings Bank (GSB) will begin gradually raising their loan interest rates next year, in line with the upward overall trend, according to executives.
Global economy to grow by 3.2% amid downturn
News, Wichit Chantanusornsiri, Published on 21/10/2022
» The global economy is growing at 3.2% this year, a substantial drop from 6% last year, with an even gloomier outlook for next year, according to Finance Minister Arkhom Termpittayapaisith after the Apec Finance Ministers' Meeting on Thursday.
Officials informed to use judgement in land cases
Business, Wichit Chantanusornsiri, Published on 15/09/2022
» The land and building tax law lets local administrative officials decide whether landowners are managing their lands in such a way to avoid paying a higher tax rate, says finance permanent secretary Krisada Chinavicharana.
State firms told to hit target
Business, Wichit Chantanusornsiri, Published on 23/08/2022
» Finance Minister Arkhom Termpittayapaisith has urged state enterprises to meet the disbursement target this year set at 95% of their total investment budget of 350 billion baht.
Policy rate rise expected
Business, Wichit Chantanusornsiri, Published on 04/08/2022
» The meeting of the Bank of Thailand's Monetary Policy Committee (MPC) next week is expected to raise the policy rate by 0.50%, according to Pipat Luengnaruemitchai, chief economist of KKP Research under Kiatnakin Phatra Securities Public Co.
Easier terms eyed for loan guarantees
Business, Wichit Chantanusornsiri, Published on 18/07/2022
» The Finance Ministry and the Bank of Thailand are considering looser terms for loan guarantees for the central bank's soft loan scheme, aiming for easier access for small and medium-sized enterprises (SMEs), says a ministry source who requested anonymity.
Ministry upbeat on baht rebound
Business, Wichit Chantanusornsiri, Published on 09/07/2022
» The Finance Ministry expects the baht's value to rebound in the second half this year, in line with the anticipated narrowing of the current account deficit, says a ministry source who requested anonymity.
Govt mulls ways to keep State Oil Fund from sinking
News, Wichit Chantanusornsiri, Published on 06/07/2022
» The Energy Ministry is considering ways to boost the State Oil Fund, which is more than 100 billion baht in debt, a well-placed source revealed on Tuesday.