Showing 1 - 10 of 19
Cabinet exodus shakes faith in EEC
Business, Chatrudee Theparat, Published on 29/07/2020
» The recent resignations of economic tsar Somkid Jatusripitak, the former deputy prime minister, and four economic ministers including former Finance Minister Uttama Savanayana, have ignited concerns about planned big-ticket infrastructure development projects such as the government's flagship Eastern Economic Corridor (EEC).
Cabinet extends low-income aid
Business, Chatrudee Theparat, Published on 22/06/2022
» The cabinet on Tuesday approved extending the existing measures for three months devised to alleviate the hardship of low-income earners from the surge in oil prices.
NESDC sees rising global risks in 2023
Business, Chatrudee Theparat, Published on 23/06/2022
» Structural changes in geopolitics are likely to create more risks for the Thai economy next year, warns the state planning unit's chief.
Growth cut due to inflation, slowdown
Business, Chatrudee Theparat, Published on 18/05/2022
» Mounting pressure from inflation, energy prices, the global economic slowdown and the prolonged conflict between Russia and Ukraine prompted the government's planning agency to lower its economic growth forecast yesterday to 2.5-3.5% for the year, down from the previous forecast of 3.5-4.5% in February.
Call for focus on key drivers as conflict takes a toll
Business, Chatrudee Theparat, Published on 19/04/2022
» The government is being urged to concentrate on infrastructure development, private investment and tourism to boost growth, now that exports and household consumption are unlikely to be key economic contributors due to the Russia-Ukraine war.
Lower diesel subsidy possible by next month
Business, Chatrudee Theparat, Published on 20/04/2022
» The government may continue with the diesel subsidy programme beyond April to help consumers struggling with inflation, but the subsidy would be limited, according to Energy Minister Supattanapong Punmeechaow.
PM outlines top priorities amid increasing inflation
News, Chatrudee Theparat, Published on 13/04/2022
» There must be no shortage of consumer goods or blackouts, and consumer prices must not rise too high, said Prime Minister Prayut Chan-o-cha as the government moves to tame inflation.
Subsidy on premium diesel revoked
Business, Chatrudee Theparat, Published on 30/03/2022
» The cabinet on Tuesday approved revoking the subsidy on premium diesel used in luxury cars, effective from April, in a move to save on budget expenses.
Cabinet ups Oil Fund borrowing
Business, Chatrudee Theparat, Published on 16/03/2022
» The cabinet on Tuesday approved lifting the borrowing limits for the state Oil Fund to allow for management flexibility, a move that offers the government more room to cope with surging fuel prices caused by the Russia-Ukraine conflict.
More subsidies coming as oil crisis hits poor
Business, Chatrudee Theparat, Published on 17/03/2022
» The government plans to roll out measures including additional subsidies on liquefied petroleum gas (LPG) and natural gas for vehicles (NGV) to help alleviate the impact of soaring energy prices on low-income earners.