Showing 1-10 of 261 results
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Ministry rejigs mid-term fiscal plan
Business, Wichit Chantanusornsiri, Published on 04/06/2021
» The Finance Ministry is set to adjust its mid-term fiscal plan following the government's implementation of the 500-billion-baht borrowing decree, said a ministry source who requested anonymity.
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Aiming to be the social bank
Business, Wichit Chantanusornsiri, Published on 20/11/2020
» 'Size does not matter" has become a mantra for the Government Savings Bank (GSB), one of Thailand's largest financial institutions by total assets, in its push to become a fully integrated social bank under the helm of Vitai Ratanakorn.
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Free cash to spur tourism, economy
Business, Wichit Chantanusornsiri, Published on 19/07/2019
» The Finance Ministry is set to dust off a planned cash handout for travel to 55 secondary provinces by including it in the economic stimulus package going before new Finance Minister Uttama Savanayana.
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PPP Act restricts scope to basic projects
Business, Wichit Chantanusornsiri, Published on 12/02/2019
» The PPP Promotion Act, which already passed through the National Legislative Assembly (NLA), stipulates only basic infrastructure projects and public services can be invested in jointly by the public and private sectors, says the head of the State Enterprise Policy Office (Sepo).
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Instability threatens economic growth
News, Wichit Chantanusornsiri, Published on 27/04/2019
» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.
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KTB chief to impose discipline
Business, Wichit Chantanusornsiri, Published on 07/01/2019
» Krungthai Bank's board of directors has delegated KTB chief executive Payong Srivanich to take responsibility for proceeding with disciplinary actions against several of the bank's executives and employees who were found to be implicated in extending loans to Energy Earth Plc.
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Finance Ministry downgrades Thai growth forecast
Wichit Chantanusornsiri, Published on 29/04/2024
» The Finance Ministry on Monday downgraded its economic growth forecast to 2.4% for this year, down from its previous projection of 2.8% in January.
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The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
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Government Pension Fund expects to shift focus to gold, oil to mitigate risk
Business, Wichit Chantanusornsiri, Published on 24/04/2024
» The Government Pension Fund (GPF) is reducing investments in assets that may be affected by war and increasing investments in gold and oil to mitigate risk.
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Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
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