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GENERAL

Deputy puts 2024 inflation at 1.5%

Business, Wichit Chantanusornsiri, Published on 29/11/2023

» Economic risk factors for 2024 including natural disasters and government stimulus measures are expected to affect the Thai inflation rate, says Deputy Finance Minister Krisada Chinavicharana.

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BUSINESS

Weak economy hampers liquor upgrades

Business, Wichit Chantanusornsiri, Published on 22/05/2023

» The Excise Department says current economic conditions are unfavourable, resulting in only one small, community-based entrepreneur applying for a licence to become a medium-sized liquor producer, says deputy director-general Kriengkrai Pattanaporn.

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BUSINESS

NESDC demands discipline

Business, Wichit Chantanusornsiri, Published on 16/05/2023

» The National Economic and Social Development Council (NESDC) has warned the new government to strictly maintain financial and fiscal discipline as it will affect foreign investors' confidence in the Thai economy, says secretary-general Danucha Pichayanan.

BUSINESS

Ministry to pilot utility bill data sandbox

Business, Wichit Chantanusornsiri, Published on 24/01/2023

» The Finance Ministry will test in a sandbox the use of utility bill data by small and medium-sized enterprises (SMEs) to support their applications for new loans from state-owned financial institutions, said Chuenchob Kongudom, vice-minister to the Prime Minister.

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BUSINESS

State key to stimulating expansion

Business, Wichit Chantanusornsiri, Published on 03/01/2023

» The acceleration of state investment in 2023 should provide a tailwind to propel economic growth momentum, says Finance Minister Arkhom Termpittayapaisith.

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BUSINESS

SMEs urged to look beyond Thailand

Business, Wichit Chantanusornsiri, Published on 28/11/2022

» The courage to venture to overseas frontiers and easier access to loans are the key factors to facilitate small and medium-sized enterprises (SMEs) becoming exporters, according to lenders and industry leaders.

BUSINESS

Economists urge caution for gloomy 2023

Business, Wichit Chantanusornsiri, Published on 05/10/2022

» Thailand needs to prepare for global economic difficulties as they will intensify next year, according to economists.

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BUSINESS

Minister advises caution on Oil Fuel Fund loan

Business, Wichit Chantanusornsiri, Published on 18/08/2022

» Finance Minister Arkhom Termpittayapaisith suggested the Oil Fuel Fund should focus on its own revenue and expense management first to increase liquidity before turning to borrowing as a last resort.

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BUSINESS

Tensions thwart growth in 2022

Business, Wichit Chantanusornsiri, Published on 16/08/2022

» Geopolitical tensions have pressured Thailand's economic expansion this year, according to Danucha Pichayanan, secretary-general of the Office of the National Economic and Social Development Council (NESDC).

BUSINESS

Arkhom advocates policy normalisation

Business, Wichit Chantanusornsiri, Published on 11/08/2022

» It is time Thailand's fiscal and monetary policies returned to normal, said Finance Minister Arkhom Termpittayapaisith.