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FIDF set to clear debt ahead of schedule
Business, Pathom Sangwongwanich, Published on 13/08/2015
» The Financial Institutions Development Fund (FIDF) now expects to pay off the debt incurred from bailing out troubled financial institutions during the 1997 financial crisis in less than 15 years, earlier than the 24 years previously scheduled.
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Megaprojects not a quick fix, warns Credit Suisse
Business, Pathom Sangwongwanich, Published on 06/05/2015
» The government's ambitious infrastructure projects may not be a "magic bullet" for full-year economic growth after all, says a Credit Suisse executive.
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Appeal for budget watchdog
Business, Pathom Sangwongwanich, Published on 10/04/2014
» A Parliamentary Budget Office (PBO) should be established as an independent organisation amid any political reform measures, as the country must plug loopholes that allow corruption, say academics.
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Prasarn frets over investment effect
Business, Pathom Sangwongwanich, Published on 09/05/2014
» The Thai economy can withstand the prolonged domestic political uncertainties in the short run thanks to the country's strong fundamentals, but it will hurt the investment outlook over the medium term, says the Bank of Thailand governor.
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Rice pledging: the human toll
Business, Pathom Sangwongwanich, Published on 16/02/2014
» The rice pledging scheme was at the heart of the Pheu Thai Party's populist platform that swept Yingluck Shinawatra to power in the 2011 general election. But it has left the country with record rice stockpiles and hundreds of billions of baht in losses at taxpayer cost while throwing farmers into debt after the caretaker government delayed making payments for pledged rice.
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TDRI urges budget audit, transparency
Business, Pathom Sangwongwanich, Published on 24/02/2014
» The government should address loopholes in auditing its annual fiscal budget, as they are a source of problems hindering transparency, appropriate budget allocation and financial prudence, say academics.
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Thirachai: Abandon populist policies
Business, Pathom Sangwongwanich, Published on 18/01/2014
» The new government is expected to be cautious in implementing its fiscal policy, as Yingluck Shinawatra's populist policies are regarded as unsustainable, says former finance minister Thirachai Phuvanatnaranubala.
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Baht forecast to close 2013 at 32
Business, Pathom Sangwongwanich, Published on 25/11/2013
» The baht will likely weaken to 32 to the US dollar by year-end, hurt by gloomy sentiment on fears of continued domestic politic unrest.
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Prasarn: Banks can fund megaprojects
Business, Pathom Sangwongwanich, Published on 23/10/2013
» Commercial banks have sufficient liquidity to finance the government's 2-trillion-baht borrowing plan for infrastructure development, says Bank of Thailand governor Prasarn Trairatvorakul.
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