Showing 71 - 80 of 92
FPO sharpens knives for another growth incision
Business, Wichit Chantanusornsiri, Published on 30/06/2015
» The Fiscal Policy Office (FPO) is set to cut its 2015 growth forecast again next month due to weaker-than-expected exports in May, the worst drought in more than 10 years and lukewarm domestic consumption, although the new estimate is unlikely to dip below 3%.
E-bidding, e-markets slash project procurement costs
Business, Wichit Chantanusornsiri, Published on 04/07/2015
» The government has saved more from e-bidding and e-markets for procurement than it has through e-auctions, says the Comptroller General's Department.
FPO still confident of 3% growth despite export woe
Business, Wichit Chantanusornsiri, Published on 27/07/2015
» The decline in Thai exports is not as bad as those experienced by some of neighbouring countries and, even with a contraction in shipments, the Fiscal Policy Office (FPO) estimates that 3% economic growth is within reach this year.
Sommai upbeat on hitting 3.2%
Business, Wichit Chantanusornsiri, Published on 30/07/2015
» At least 350 billion baht worth of state budget will be injected into the economy in the final two months of the fiscal year, making 3.2% economic growth still possible if no more negative factors emerge, says Finance Minister Sommai Phasee.
FPO mulls Village Fund scheme rejig
Business, Wichit Chantanusornsiri, Published on 04/08/2015
» The Fiscal Policy Office (FPO) has proposed separating the accounts of almost 20,000 Villages Funds ranked below grade B.
B40bn loans help rural folk
Business, Wichit Chantanusornsiri, Published on 24/07/2015
» The government has pumped 40 billion baht in fresh funds for loans to low earners and farmers in rural areas through the Village and Urban Revolving Fund as part of efforts to help them ride out the decade-worst drought and stuttering economy.
BAAC plans B60bn in cheap loans for farmers
Business, Wichit Chantanusornsiri, Published on 07/07/2015
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to offer 30 billion baht worth of low-interest loans, with no interest charges for the first three months, to farmers cultivating crops with short lifespans to ease their financial burden.
GSB offers safety net for shark victims
Business, Wichit Chantanusornsiri, Published on 15/07/2015
» The state-run Government Savings Bank (GSB) has set aside 500 million baht for refinancing loans to ease the financial burden of those who borrowed from loan sharks at high interest rates.
Fast-track budgets urged
Business, Wichit Chantanusornsiri, Published on 21/07/2015
» The government has set up a committee to push investment and economic stimulus measures to address delays in budget disbursement and speed up liquidity injections.
Monitor on farmer aid measures
Business, Wichit Chantanusornsiri, Published on 06/07/2015
» The Finance Ministry will meet with more than 10 related state agencies today to ask them to expedite budget disbursement for job creation to help ease the financial burden on farmers hit by the worst drought in 10 years.