Showing 1-10 of 24 results
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Instability threatens economic growth
News, Wichit Chantanusornsiri, Published on 27/04/2019
» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.
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Capital market leader for escrow transactions
Business, Wichit Chantanusornsiri, Published on 02/09/2023
» Fiscal Policy Office (FPO) data reveals for the 15-year period the country has had escrow legislation, escrow service transactions tallied 867 billion baht, mainly attributed to capital market transactions, according to an FPO source who requested anonymity.
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How Thailand's welfare state could change
Business, Wichit Chantanusornsiri, Published on 28/06/2023
» For the past few decades, many countries have been working towards providing "healthcare for all", including equity in access to healthcare and healthcare financing.
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Govt mulls ways to keep State Oil Fund from sinking
News, Wichit Chantanusornsiri, Published on 06/07/2022
» The Energy Ministry is considering ways to boost the State Oil Fund, which is more than 100 billion baht in debt, a well-placed source revealed on Tuesday.
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Arkhom pledges support, but recent rules cast doubt
Business, Wichit Chantanusornsiri, Published on 28/01/2022
» The government wants to support the use of digital assets to build the Thai economy, says Finance Minister Arkhom Termpittayapaisith.
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Soft loans tweaked for SME access
Business, Wichit Chantanusornsiri, Published on 03/02/2021
» The Finance Ministry is preparing to amend the soft loan decree to allow greater low-interest loan access for small and medium-sized enterprises (SMEs).
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Political instability adds to viral woes
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.
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EEC is our only gateway to developed-nation status
News, Wichit Chantanusornsiri, Published on 03/10/2019
» The Eastern Economic Corridor (EEC) has been harshly criticised by Thanathorn Juangroongruangkit, leader of the Future Forward Party, for its "lack of people's participation". On the contrary, I believe the EEC will help boost the livelihoods of Thais and transform Thailand from a middle-income country to high-income status.
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Good governance sorely lacking at state-run banks
News, Wichit Chantanusornsiri, Published on 25/07/2019
» During parliamentary debates on the Prayut Chan-o-cha government's policy statement, scheduled for tomorrow and Friday, the state-run Krung Thai Bank's (KTB) 9.9-billion-baht loan scandal will likely be taken up by the opposition targeting one cabinet member, Finance Minister and Palang Pracharath Party (PPRP) leader Uttama Savanayana. When the loan was approved in 2003, Mr Uttama was an executive board member of the bank.
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Somkid: Coalition to put off investors
Business, Wichit Chantanusornsiri, Published on 14/03/2019
» Deputy Prime Minister Somkid Jatusripitak is concerned that a fractured coalition will delay the formation of the next government and dampen investor confidence.
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