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Search Result for “finance”

Showing 1 - 10 of 74

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GENERAL

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

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GENERAL

State contracts worth B250bn signed

Business, Wichit Chantanusornsiri, Published on 03/05/2024

» Contracts for new investment projects worth 250 billion baht have already been signed following the enactment of the fiscal 2024 Budget Expenditure Act, according to the Finance Ministry.

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GENERAL

Insurance fund offers quick payout

Business, Wichit Chantanusornsiri, Published on 03/05/2024

» The General Insurance Fund (GIF) is presenting a choice to Covid-19 policyholders by offering a discounted rate for payment now instead of waiting for future payouts.

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THAILAND

Bangkok, Kunming Councils Sign MOU for Enhanced Cooperation

Published on 02/05/2024

» Mr Wirat Meenchainunt, Chairman of the Bangkok Metropolitan Council, Mrs Chayada Vipattipumiprates The First Vice-Chairman of the Bangkok Metropolitan Council, along with members of the Bangkok Council and relevant government officials paid a courtesy call on the Chairman of the Kunming City People's Council and attended the signing ceremony of the revised Memorandum of Understanding on Strengthening Cooperation and Friendly Relations (MOU) together with Mr Yang Zhengxiao, Chairman of the Kunming City People's Council. Moreover, the Kunming People's Congress delegation attended to witness the signing ceremony.

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GENERAL

Govt confirms B400 minimum wage by October

Published on 02/05/2024

» The government plans to increase the daily minimum wage to 400 baht nationwide from October but some affected businesses might get help, spokesman Chai Wacharonke said on Thursday.

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THAILAND

Avaada Energy Successfully Closes ~USD 535 Million Refinancing for its Four Solar Projects in Rajasthan, India

Published on 02/05/2024

» Avaada Energy, the renewable energy arm of the Avaada Group, is pleased to announce the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing ~USD 535 Million from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID).

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GENERAL

Call to renew levy on tourists

Business, Narumon Kasemsuk, Published on 02/05/2024

» Tourism operators are urging the new tourism minister to resume the plan to collect a 300-baht fee from tourists because it is not considered an obstacle to arrivals.

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GENERAL

How VAT on cheap imported goods adds up

Business, Wichit Chantanusornsiri, Published on 02/05/2024

» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.

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OPINION

Why the economy is heading for a crisis

Oped, Chartchai Parasuk, Published on 02/05/2024

» I wish I were this good when it comes to picking winning lottery ticket. Just a few days ago, the Ministry of Finance (MOF) lowered its 2024 GDP growth projection from 2.8% to 2.4%, citing blah, blah, blah.

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TECH

Government salutes AI industry

News, Suchit Leesa-nguansuk, Published on 02/05/2024

» The government is moving to fully embrace and support the artificial intelligence (AI) industry and pave the way for digital infrastructure in the future, according to Prime Minister Srettha Thavisin.