Showing 1-10 of 27 results
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Striving for a more balanced economy
Oped, Wichit Chantanusornsiri, Published on 14/05/2020
» In its bid to alleviate the economic damage from the coronavirus pandemic through the 1-trillion-baht borrowing scheme, the Prayut Chan-o-cha government aims to provide immediate relief to millions who are in trouble, and also restore the grassroots economy, with a view to better balancing the economic system, so it depends less on exports and tourism.
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Justifying the digital wallet scheme
Business, Wichit Chantanusornsiri, Published on 16/11/2023
» The 10,000-baht digital wallet scheme is considered the flagship policy of the Pheu Thai-led coalition given its prominence in the election campaign.
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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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THAI creditors approve debt restructuring plan
News, Wichit Chantanusornsiri, Published on 20/05/2021
» Thai Airways International's (THAI) creditors on Wednesday formally approved the airline's debt rehabilitation plan which emphasises the state's role in helping the struggling flag carrier access fresh cash injections.
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Finance Ministry scrutinising handout
Business, Wichit Chantanusornsiri, Published on 02/10/2020
» A measure aimed at stimulating consumption through a tax rebate for the upper-income segment will have to be scrutinised as to whether it will motivate these consumers to spend more, says a senior finance official.
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State braced for budget bill delay
Business, Wichit Chantanusornsiri, Published on 23/01/2020
» The government is preparing a Plan B to brace for the possibility of a further delay in the 3.2-trillion-baht budget bill for fiscal 2020 after some members of parliament indicated they would vote in favour of the bill without being present in the chamber.
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UTCC says budget delay will hit growth
Business, Wichit Chantanusornsiri, Published on 24/01/2020
» The University of the Thai Chamber of Commerce (UTCC) has flagged concerns that the economy could expand by less than 2.5% this year if the annual budget bill for fiscal 2020 hits further snags after some MPs were reported to have voted in favour of the bill without being present in the House.
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Shutdown unlikely, says Uttama
Business, Wichit Chantanusornsiri, Published on 25/01/2020
» Finance Minister Uttama Savanayana has rushed to assure that Thailand will not suffer a government shutdown, even in the worst-case scenario that the 3.2-trillion-baht annual budget bill for fiscal 2020 faces a further hold-up.
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Proxy vote saga puts entire economy at great risk
News, Wichit Chantanusornsiri, Published on 30/01/2020
» As the Constitutional Court yesterday accepted a request by House Speaker Chuan Leekpai to rule on the validity of the 2020 budget bill, the fate of public spending and investment now hang in the balance, thanks to proxy voting by government coalition MPs which has put the legality of the bill in question.
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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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