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Backup plan in works in case budget is delayed
Wichit Chantanusornsiri, Published on 14/07/2023
» The Ministry of Finance is preparing a backup plan to sustain the economy if delays in forming a new government affect budget disbursement for the 2024 fiscal year starting on Oct 1.
New measures to help SMEs in state auctions
Business, Wichit Chantanusornsiri, Published on 14/07/2023
» The Comptroller-General’s Department has issued measures to help small and medium-sized enterprises (SMEs) gain access to government auctions, aiming to deter large firms disguised as SMEs from participating in them, says comptroller-general Kulaya Tantitemit.
Tourism operators jittery over protests
Business, Molpasorn Shoowong, Published on 14/07/2023
» Tourism operators are worried about possible protests that could harm the image of the country, while hoping a government is formed as soon as possible.
Delay poses risks to the economy
Business, Phusadee Arunmas, Published on 14/07/2023
» The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline in GDP.
Panel set to request B1bn AI budget
Business, Suchit Leesa-nguansuk, Published on 13/07/2023
» The national artificial intelligence (AI) committee will ask the new government to allocate a budget of 1 billion baht to accelerate the creation of 30,000 AI jobs over three years.
Premier delay will affect fiscal budget
Business, Phusadee Arunmas, Published on 12/07/2023
» The implementation of the fiscal 2024 budget, starting on Oct 1, will be delayed if the new prime minister and government are not appointed within this month, according to the Budget Bureau.
Baht posts biggest gain in a week
Published on 11/07/2023
» The baht and the South Korean won led gains among Asian currencies in an overall positive session on Tuesday as the dollar lost ground after US Federal Reserve officials signalled their rate-tightening cycle was nearing its end.
Ministry unveils platform targeting online scammers
Business, Komsan Tortermvasana, Published on 11/07/2023
» The Digital Economy and Society (DES) Ministry is set to launch the Central Fraud Registry as an automated solution to fight scams and address illegal transactions, fraud and mule accounts.
Krungsri hosts Japan-ASEAN Startup Business Matching Fair 2023
Published on 11/07/2023
» In Thai national economy, there are more than 3 million micro, small, and medium-sized enterprises. They account for approximately 35 percent of the country’s GDP and above 70 percent of employment. Both the government and private sectors have been supporting startup and small business development for many years, while also creating business digitalisation infrastructure. Thus, Thailand is an ideal place for Bank of Ayudhya Public Company Limited (Krungsri) and strategic alliances to host its first Japan-ASEAN startup business matching event.
Revenue to unveil chatbot
Business, Wichit Chantanusornsiri, Published on 10/07/2023
» The Revenue Department is preparing to introduce a chatbot to offer answers to taxpayers online as a new channel for virtual tax consultation, says director-general Lavaron Sangsnit.