Showing 11-20 of 125 results
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BoT, Finance Ministry wrangle baht
Business, Wichit Chantanusornsiri, Published on 11/11/2020
» The Finance Ministry has discussed managing the baht's movements with the Bank of Thailand in a bid to help exporters and recoup the economy amid a tourism slump.
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EEC panel seeks entry for foreign business travellers
Business, Wichit Chantanusornsiri, Published on 11/06/2020
» The Eastern Economic Corridor (EEC) subcommittee plans to seek approval from the committee chaired by Prime Minister Prayut Chan-o-cha to allow foreign business travellers to enter the country subject to quarantine.
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Ministry lines up PNs worth B70bn to buffer viral impact
Business, Wichit Chantanusornsiri, Published on 23/04/2020
» The Finance Ministry will issue promissory notes (PN) worth 70 billion baht as the first batch of borrowing under the 1-trillion-baht royal decree to soften blow from the Covid-19 spread and the government’s containment measures.
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330 tonnes of masks were approved for export
News, Wichit Chantanusornsiri, Published on 12/03/2020
» The Department of Internal Trade (DIT) authorised the export of 330 tonnes of face masks in January and February when the items were in short supply and declared controlled products, according to the Customs Department.
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Tax agency to lose B165.5bn from aid deal
Business, Wichit Chantanusornsiri, Published on 12/03/2020
» The Revenue Department estimates losing 165.5 billion baht in forgone revenue from tax measures under the government’s first-phase relief package to cushion impacts from the coronavirus contagion.
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Virus 'could shave 1%' off growth
Wichit Chantanusornsiri, Published on 18/02/2020
» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country’s 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.
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Hong Kong deal on mutual funds seen by Q2
Wichit Chantanusornsiri, Published on 14/01/2020
» The Securities and Exchange Commission (SEC) is set to sign a memorandum of understanding with its Hong Kong counterpart on fast-track approval of cross-border investment in mutual funds by the second quarter.
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New support for SMEs on the cards
Wichit Chantanusornsiri, Published on 14/01/2020
» The government plans to launch a new package of small and medium-sized enterprise (SME) support measures, of which soft loans and Board of Investment (BoI) incentives could be integral parts.
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Year-end stimulus likely after Q3 disappoints
Wichit Chantanusornsiri, Published on 20/11/2019
» Fresh economic stimulus measures are likely to be unveiled later this year in a last-ditch effort to boost full-year economic growth after the third quarter turned out soft figures.
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R&I upgrades Thailand’s foreign currency issuer rating to A-
Wichit Chantanusornsiri, Published on 01/11/2019
» Japan-based Rating and Investment Information, Inc (R&I) raised Thailand’s foreign currency issuer rating to A- from BBB+, with a stable outlook, suggesting the likelihood of rating upgrades by other international credit rating agencies.
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