Showing 31 - 40 of 116
FPO slashes growth forecast to 2.8% on low tourism figures
Business, Wichit Chantanusornsiri, Published on 29/01/2021
» The Finance Ministry's Fiscal Policy Office (FPO) has slashed Thailand's economic growth forecast to less than 3% this year as projected foreign tourist arrivals are substantially lower given the second wave of the pandemic.
FPO forecasts RCEP deal to fuel export bonanza
Business, Wichit Chantanusornsiri, Published on 21/12/2020
» Thai exports are expected to receive a windfall thanks to the signing by 15 Asia-Pacific economies of a huge trade pact during the Asean Summit in Hanoi in mid-November, says the Fiscal Policy Office (FPO).
Shippers seek baht management
Business, Wichit Chantanusornsiri, Published on 25/11/2020
» The Thai National Shippers' Council (TNSC) is urging financial authorities to manage the local currency's value to hover around 31 baht against the US dollar for trade competitiveness.
FPO makes dismal GDP prediction
Business, Wichit Chantanusornsiri, Published on 31/07/2020
» The economy is forecast to shrink by 8.5% this year as the pandemic dampens exports and foreign tourist arrivals, says the Fiscal Policy Office (FPO).
Added local travel perks shaping up
Business, Wichit Chantanusornsiri, Published on 08/07/2020
» The Finance Ministry is poised to launch a fresh package to encourage domestic travel on weekdays, aiming to boost the country's GDP by 0.2-0.3 percentage points.
FPO notes signs of uptick, acceleration since April
Business, Wichit Chantanusornsiri, Published on 10/07/2020
» The recovery of economic sentiment has gathered steam since April after the government managed to contain the coronavirus outbreak, says a senior official at the Fiscal Policy Office (FPO).
Exim reports insurance claims spike
Business, Wichit Chantanusornsiri, Published on 24/06/2020
» Export-Import Bank of Thailand says insurance claims soared 226% and foreign buyers' delayed payment amount surged 195% in the first five months of 2020, signalling rising default risk in international trade.
SEC mulls alternative bond funding
Business, Wichit Chantanusornsiri, Published on 09/06/2020
» The Securities and Exchange Commission (SEC) has floated an idea to set up a fund to help issuers of non-investment-grade corporate bonds in the pandemic era.
Central bank feeling the heat from Fed's rate cut
Business, Wichit Chantanusornsiri, Published on 05/03/2020
» The Federal Reserve's emergency rate cut will put pressure on the Bank of Thailand to follow in the US central bank's footsteps, according to a senior official at the Fiscal Policy Office (FPO).
Transparency push in Airport City row
News, Wichit Chantanusornsiri, Published on 17/01/2020
» Deputy Finance Minister Santi Prompat says he has told the Comptroller-General's Department to study regulations on state procurement to ensure transparency in the wake of a row over the Charoen Pokphand Group (CP)-led consortium's bid for the 290-billion-baht Airport City project.