Showing 41-50 of 97 results
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Shaving shipping risk
Business, Wichit Chantanusornsiri, Published on 15/03/2021
» The pandemic is a once-in-a-century crisis that will leave scars in the form of persistent economic damage, and some insurance companies see the risks as a ticking time bomb.
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Finance lines up perks, deterrents
Business, Wichit Chantanusornsiri, Published on 12/02/2021
» The Finance Ministry plans to adopt both tax incentives and deterrent tools to rev up the investment ratio from the existing 20% of GDP to 40%.
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We Win bonds close to sold out, first batch gone
Business, Wichit Chantanusornsiri, Published on 10/02/2021
» Most of the 60-billion-baht government savings bonds have been sold out within less than two weeks, amid investors' risk-off mode due to economic uncertainties, says the Public Debt Management Office (PDMO).
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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.
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SMEs earn B100m from matching
Business, Wichit Chantanusornsiri, Published on 05/09/2020
» Online business matching has generated sales revenue worth around 100 million baht for small and medium-sized enterprises (SMEs), says a source at the Export-Import Bank of Thailand (Exim Bank).
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Public debt not scary yet, PDMO says
Business, Wichit Chantanusornsiri, Published on 27/07/2020
» Thailand's increased public debt, attributed to borrowing to sustain economic conditions during the pandemic, remains below the average rate seen in emerging markets, says the Public Debt Management Office.
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Political instability adds to viral woes
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.
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B100bn relief package for virus
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The Finance Ministry has launched a huge relief package including cash giveaways to many more individuals beyond the 14 million people with annual base incomes not exceeding 100,000 baht and who are registered as poor to help cushion fallout from the spread of the new coronavirus.
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GPF eyes more stable returns with new investment strategy
Business, Wichit Chantanusornsiri, Published on 06/12/2019
» The Government Pension Fund (GPF) has shifted its investment strategy towards more stable returns amid the global economic slowdown and Sino-US trade spat.
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GPF seeks nod to raise overseas asset ceiling
Business, Wichit Chantanusornsiri, Published on 30/11/2019
» The Government Pension Fund (GPF) is seeking board approval to increase its ceiling overseas asset allocation to 40% from 30%. It expects the process to be complete early next year.
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