Showing 1-10 of 49 results
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Uttama to talk stimulus with finance officials
Wichit Chantanusornsiri, Published on 17/07/2019
» Economic stimulus measures are expected to take shape after Prime Minister Prayut Chan-o-cha delivers the government's policy to parliament, said newly installed Finance Minister Uttama Savanayana.
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Stimulus measures in the works, says finance chief
Business, Wichit Chantanusornsiri, Published on 18/07/2019
» Stimulus measures are expected to take shape after Prime Minister Prayut Chan-o-cha delivers the government's policy to parliament, says newly installed Finance Minister Uttama Savanayana.
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Good governance sorely lacking at state-run banks
News, Wichit Chantanusornsiri, Published on 25/07/2019
» During parliamentary debates on the Prayut Chan-o-cha government's policy statement, scheduled for tomorrow and Friday, the state-run Krung Thai Bank's (KTB) 9.9-billion-baht loan scandal will likely be taken up by the opposition targeting one cabinet member, Finance Minister and Palang Pracharath Party (PPRP) leader Uttama Savanayana. When the loan was approved in 2003, Mr Uttama was an executive board member of the bank.
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Income misses budget target
Business, Wichit Chantanusornsiri, Published on 01/08/2019
» The government's income is estimated to fall short of the existing budget framework for fiscal 2020 by 40-50 billion baht because of the final instalment payment extension for the 900-megahertz band licences.
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Public debt isn't always a bad thing
News, Wichit Chantanusornsiri, Published on 29/08/2019
» The global economic slowdown, as a result of the ongoing Sino-US trade tensions, has hit the Thai economy hard.
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Aid package for property under way
Business, Wichit Chantanusornsiri, Published on 19/10/2019
» An aid package for the property sector that includes a temporary cut of mortgage and transfer fees to a single rate of 0.01% for homes priced at up to 3 million baht will seek cabinet approval this month.
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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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Stimulus a band-aid for gaping wounds
News, Wichit Chantanusornsiri, Published on 28/11/2019
» Despite several "stimulus" measures launched by the government in the past year, the Thai economy is still being buffeted by the volatility of international trade. This year's growth projection has been adjusted to a level much lower than previous predictions due to a slowdown in exports, which account for 70% of the economy.
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PM: Trade in US dollars
Business, Wichit Chantanusornsiri, Published on 03/12/2019
» Prime Minister Prayut Chan-o-cha has called for the nation to spend in US dollar terms to increase capital outflows and weaken the baht.
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E-business tax bill on the cards for next year
Business, Wichit Chantanusornsiri, Published on 20/12/2019
» A draft bill on e-business tax, a levy on foreign-based online platform operators earning income in Thailand, is expected to be enforced next year, says the Revenue Department's head.
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