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Search Result for “investment budget”

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GENERAL

Cabinet approves B157bn to counter US tariff impact

Reuters, Published on 20/05/2025

» The cabinet has reallocated 157 billion baht ($4.7 billion) of budget spending away from a consumer stimulus scheme to fund projects in the coming months that will help Thailand counter the impact of US tariffs, the government said on Tuesday.

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GENERAL

CPN to invest B10bn in green initiatives

Business, Kanana Katharangsiporn, Published on 20/05/2025

» SET-listed Central Pattana (CPN) is planning to invest 10 billion baht from 2025 to 2029 in sustainability programmes, with 600 million baht allocated to green initiatives this year through Central Pattana Green Growth, its newly established subsidiary.

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INVESTMENT

Trade talk and domestic politics drive sentiment

Business, Published on 20/05/2025

» Thai shares rebounded in line with global bourses last week, shortly before falling back closer to 1,200 points. Early in the week, the market was driven by euphoria over the prospects for a US-China trade deal. Washington cut tariffs on Chinese goods to 30% while China trimmed its rates to 10% for 90 days.

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GENERAL

NESDC slashes growth forecast to 1.8%

Published on 19/05/2025

» The state planning unit has slashed its economic growth forecast for this year to 1.8%, down from its earlier projection of 2.8% due to the impact of the global trade war.

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GENERAL

Midpoint of Trump tariff hiatus to reveal increasingly unsettled world

Published on 19/05/2025

» Reports in the coming week may give the fullest reading to date of how major economies are faring with trade disruptions, halfway through US President Donald Trump’s 90-day hiatus on so-called reciprocal tariffs.

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GENERAL

Would more debt fix the economy?

Business, Wichit Chantanusornsiri, Published on 17/05/2025

» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.

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THAILAND

Phu Kradueng cable car edges closer

News, Apinya Wipatayotin, Published on 17/05/2025

» The long-debated cable car project in Phu Kradueng National Park, Loei province, has once again come under public scrutiny, raising concerns about its alignment with sustainable development goals.

GENERAL

Panel to discuss stimulus measures on Monday

Wichit Chantanusornsiri, Published on 16/05/2025

» New economic stimulus measures will include short-term investment initiatives, spanning four to five months, designed to sustain economic growth of at least 2% this year, according to finance permanent secretary Lavaron Sangsnit.

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LIFE

Your horoscope for May 16-22

Guru, Chaiyospol Hemwijit, Published on 16/05/2025

» Your spot-on horoscope for work, money and relationship from Guru by the Bangkok Post's famously accurate fortune teller. Let's see how you will fare this week and beyond.

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GENERAL

Tourism groups prepare proposals to offset crisis

Molpasorn Shoowong, Published on 14/05/2025

» The Federation of Thai Tourism Associations (Fetta) plans to submit a proposal to the prime minister in person this month, requesting a concrete plan to restore confidence and avoid a crisis.