Showing 1-10 of 65 results
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Japan prepares to provide $500m soft loan
Business, Wichit Chantanusornsiri, Published on 11/03/2022
» Japan plans to provide a soft loan of US$500 million (roughly 16.6 billion baht) to Thailand to mitigate the impact of the pandemic, says Patricia Mongkhonvanit, director-general of the Public Debt Management Office (PDMO).
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Exim Bank touts life support for airlines
Business, Wichit Chantanusornsiri, Published on 06/01/2022
» Export-Import (Exim) Bank of Thailand has provided financial assistance to local airlines totalling more than 6.2 billion baht to increase their liquidity and restructure their debt, says bank president Rak Vorrakitpokatorn.
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B1 trillion to beat Omicron
News, Wichit Chantanusornsiri, Published on 03/12/2021
» The government will inject around one trillion baht into the economy next year to cushion against any volatility that may be caused by the Omicron variant of Covid-19, Finance Minister Arkhom Termpittayapaisith said on Thursday.
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Office sees potential for 1.3% GDP growth in 2021
Business, Wichit Chantanusornsiri, Published on 18/10/2021
» Thailand could achieve 1.3% economic growth this year, as forecast by the Fiscal Policy Office (FPO), said Pisit Puapan, director of the Bureau of Macroeconomic Policy.
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SMEs to get B100bn of support
Business, Wichit Chantanusornsiri, Published on 25/09/2021
» The government has set aside 100 billion baht to assist small and medium-sized enterprises (SMEs) struggling with the impact of the prolonged pandemic, says Finance Minister Arkhom Termpittayapaisith.
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Regional leaders see recovery momentum
Business, Wichit Chantanusornsiri, Published on 04/05/2021
» Asean, the Asian Development Bank (ADB) and the IMF have agreed economic prospects in this region and the world are expected to see a rapid recovery following global inoculations.
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Growth forecast revised down to 2.3%
Business, Wichit Chantanusornsiri, Published on 30/04/2021
» The Finance Ministry's Fiscal Policy Office (FPO) on Thursday slashed its economic growth forecast for the second time to 2.3% this year from its earlier prediction in January of 2.8% and 4.5% in Oct 2020, attributing largely to the battered tourism sector due to the Covid-19 pandemic.
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Govt 'has enough cash' to help Covid sufferers
News, Wichit Chantanusornsiri, Published on 29/04/2021
» Finance Minister Arkhom Termpittayapaisith yesterday gave his assurances that the government has enough money to continue funding Covid-relief programmes and kickstart the economy.
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State urged to rethink fiscal framework
Business, Wichit Chantanusornsiri, Published on 26/04/2021
» Given the economic turbulence brought about by the pandemic, the government may need to rethink its fiscal sustainability framework, which caps public debt at 60% of GDP, says the Public Debt Management Office (PDMO).
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Arkhom banking on jabs to boost economy
Business, Wichit Chantanusornsiri, Published on 17/03/2021
» Finance Minister Arkhom Termpittayapaisith feels upbeat about the country's economic prospects because of the Covid-19 vaccine roll-out in Thailand, predicting the economy will start picking up in the fourth quarter.
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