Showing 1-10 of 18 results
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Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
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Emergency funds in the spotlight
Business, Wichit Chantanusornsiri, Published on 17/10/2016
» The Budget Bureau will amend the Budgeting Procedure Act to widen the finance minister's power to allocate Treasury reserves for emergency requirements to 50 billion baht from the current 100 million.
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Cabinet to study casino findings soon
Wichit Chantanusornsiri, Published on 29/03/2024
» The findings of a study on an integrated entertainment complex and casino development plan are expected to be sent to the cabinet for consideration over the next two weeks, according to Deputy Finance Minister Julapun Amornvivat.
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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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GSB proposes low-rate loan to Oil Fuel Fund
Business, Wichit Chantanusornsiri, Published on 24/08/2022
» State-owned Government Savings Bank (GSB) is willing to offer an interest rate at the lowest level possible to the Oil Fuel Fund if the fund needs to shore up its liquidity, says GSB president Vitai Ratanakorn.
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Kingdom predicts 4% economic growth amid uncertainty posed by pandemic
News, Wichit Chantanusornsiri, Published on 06/02/2022
» Finance Minister Arkhom Termpittayapaisith is confident of the kingdom's economic outlook, saying it will achieve 4% growth this year as forecast by several domestic and foreign agencies.
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GSB offers short-term relief
Business, Wichit Chantanusornsiri, Published on 21/07/2021
» Government Savings Bank (GSB) has introduced a measure to suspend principal and interest payments for individual clients for six months, which is expected to cover 750,000 borrowers, said the bank's president Vitai Ratanakorn.
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Riverside hotel slated for 2025
Business, Wichit Chantanusornsiri, Published on 22/01/2021
» A 4.6-billion-baht boutique hotel development project located on the banks of the Chao Phraya River is scheduled to be completed in 2025, says the Treasury Department.
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Arkhom vows debt will not exceed 60%
Business, Wichit Chantanusornsiri, Published on 01/02/2021
» Thailand's public debt will not exceed the 60% ceiling rate by 2025 if there is no more borrowing for Covid-19 management, says Finance Minister Arkhom Termpittayapaisith.
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Ministry sees four-year test for tourism sector
Business, Wichit Chantanusornsiri, Published on 03/12/2020
» The tourism industry, which accounts for 12% of Thailand's GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry.
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