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BUSINESS

Revenue collection on course to meet year's B2.33tn target

Business, Wichit Chantanusornsiri, Published on 29/06/2016

» The government is on track to hit this fiscal year's revenue target of 2.33 trillion baht after revenue for the eight months to May surpassed the target by 4.1%.

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BUSINESS

FPO sticks with 3.3% growth

Business, Wichit Chantanusornsiri, Published on 29/07/2016

» Despite a deeper cut in its export forecast, the Fiscal Policy Office (FPO) has maintained its economic growth projection of 3.3% this year as ramped-up state investment and the robust tourism industry are expected to offset sagging outbound shipments.

BUSINESS

PDMO set to issue bonds

Business, Wichit Chantanusornsiri, Published on 22/11/2016

» The Public Debt Management Office (PDMO) will issue new savings bonds worth 15 billion baht in early December amid rising interest rates, says a senior official.

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BUSINESS

FPO raises growth forecast for GDP

Business, Wichit Chantanusornsiri, Published on 31/01/2017

» The Fiscal Policy Office (FPO) has painted a brighter outlook for the economy this year, raising its GDP growth forecast to 3.6% but marginally cutting its estimate for last year to 3.2%.

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BUSINESS

EEC tapped to drive 4% GDP expansion

Business, Wichit Chantanusornsiri, Published on 03/01/2018

» The Finance Ministry is hoping that the beginning of the Eastern Economic Corridor (EEC) project will help drive the country's economic growth above 4% in 2018, says Finance Minister Apisak Tantivorawong.

BUSINESS

UTCC: More stimulus necessary for 3% growth

Business, Wichit Chantanusornsiri, Published on 18/10/2019

» The government needs to pump more money into circulation -- a range of 30-50 billion baht -- to reach the target of 3% economic growth this year, says the University of the Thai Chamber of Commerce (UTCC).

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BUSINESS

FPO slashes growth outlook to 2.8%

Business, Wichit Chantanusornsiri, Published on 29/10/2019

» The Finance Ministry's Fiscal Policy Office (FPO) downgraded the country's economic growth outlook this year to 2.8% from 3% in August in response to the expectation of a deeper export drop.

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BUSINESS

IMF chief advises 'timely' policy push

Business, Wichit Chantanusornsiri, Published on 05/11/2019

» Thailand's strong macroeconomic fundamentals give policymakers space to use both fiscal and monetary policy to drag the economy out of the doldrums, according to the IMF chief.

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BUSINESS

FPO upgrades 2020 GDP decline to 7.7%

Business, Wichit Chantanusornsiri, Published on 30/10/2020

» GDP contraction is projected to be less severe than previously estimated based on a recovery among Thailand's Asian trading partners, without factoring in domestic political turbulence, says the Fiscal Policy Office (FPO).