Showing 1 - 10 of 62
Seeking new engines of growth
Wichit Chantanusornsiri, Published on 22/07/2024
» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.
Low-cost rent policy targets low-income people, farmers
Business, Wichit Chantanusornsiri, Published on 29/06/2024
» The Finance Ministry has announced a policy to allot 260,000 rai of state land to low-income individuals and farmers at minimal rental rates.
Agency predicts completion of railway bridge by 2029
Business, Wichit Chantanusornsiri, Published on 06/12/2023
» The Neighbouring Countries Economic Development Cooperation Agency (Neda) expects the new bridge facilitating the Thailand-China high-speed train project's crossing between Thailand and Laos to be completed by 2029.
High-speed rail cost tipped to rise
Business, Wichit Chantanusornsiri, Published on 15/07/2017
» The Public Debt Management Office (PDMO) has warned that financial costs of the 179-billion-baht Thai-Sino high-speed railway line from Bangkok to Nakhon Ratchasima will increase if the project is delayed, as record low-interest rates are starting to rise globally.
Defining the goals of zero-based budgets
Business, Wichit Chantanusornsiri, Published on 07/06/2023
» Zero-based budgeting (ZBB) is one of the policies included in the 23-point memorandum of understanding signed by leaders of eight political parties seeking to form a new coalition government following the general election.
PDMO wary of Chinese rail loans
Business, Wichit Chantanusornsiri, Published on 24/01/2019
» Thailand plans to secure funding from China to finance the high-speed railway planned from Bangkok to Nakhon Ratchasima only if an overseas loan is needed and the rate is lower than that of the Thai government's 12.5-year-tenor bond, says a senior official at Public Debt Management Office (PDMO).
Thailand adamant on rail loan cap
Business, Wichit Chantanusornsiri, Published on 01/10/2016
» The Public Debt Management Office (PDMO) has capped the interest rate of a planned 170-billion-baht loan from China to finance the Bangkok-Nakhon Ratchasima high-speed train project at 2%, and has threatened to seek domestic funding if China charges a higher rate.
BAAC sparks up cannabis farming loan scheme
Business, Wichit Chantanusornsiri, Published on 25/09/2021
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has started offering loans this month to plant cannabis for community enterprises and agricultural cooperatives after parts of the plant were taken off the narcotics list.
Concern mounts over gap in GDP inputs
Business, Wichit Chantanusornsiri, Published on 28/05/2021
» An economist is concerned that a gap in terms of contributions to the country's gross domestic product (GDP) between tourism-dependent provinces and agriculture-reliant provinces will become wider in the post-pandemic era.
State Enterprise Policy Office announces 4 PPP megaprojects
Business, Wichit Chantanusornsiri, Published on 24/02/2021
» Four mega-infrastructure development projects, worth a combined 160 billion baht, will be developed this year under the public-private partnership (PPP) arrangement, says the State Enterprise Policy Office (Sepo).