Showing 1 - 10 of 92
No time to wait for Thai fiscal reform
Oped, Wichit Chantanusornsiri, Published on 17/09/2025
» The daunting mission of the four-month-old government led by Prime Minister Anutin Charnvirakul is to revive an economy that has been sluggish for a long time. Can the Anutin government deliver? After all, tackling "bread-and-butter" issues requires fiscal sustainability.
GSB head urges prolonged rate cut
Business, Wichit Chantanusornsiri, Published on 23/06/2025
» Vitai Ratanakorn, president of Government Savings Bank (GSB) and a candidate for Bank of Thailand governor, has suggested the policy interest rate should be greatly lowered for a sustained period to revive the stagnant economy.
Call for measures to halt surge in bad debt
Business, Wichit Chantanusornsiri, Published on 10/06/2025
» The National Economic and Social Development Council (NESDC) wants to improve the conditions for debt restructuring to prevent special mention (SM) loans from deteriorating into non-performing loans (NPLs), after a noticeable increase in the former in last year's fourth quarter.
Local deposits forecast to expand by 1-3%
Business, Wichit Chantanusornsiri, Published on 27/03/2025
» The deposits of Thais are expected to grow by 1-3% in 2025 year-on-year, in line with the slow growth of the Thai economy amid uncertainties both domestically and internationally, according to the Deposit Protection Agency (DPA).
Thailand faces grim employment prospects
Business, Wichit Chantanusornsiri, Published on 17/03/2025
» Thailand's employment prospects are negative as there are clearer signs of a shrinking workforce, evidenced by fewer insured workers under Section 33 of the Social Security Act, which covers more than 10 million people, according to the Federation of Thai SMEs.
New Thai ESG fund to be launched soon
Business, Wichit Chantanusornsiri, Published on 20/02/2025
» The new Thai ESG (environmental, social and governance) fund, which is being established to ease the selling pressure of long-term equity funds (LTFs) that have matured, is expected to be finalised in the first quarter of this year.
TDRI sounds alarm on excess stimulus
Business, Wichit Chantanusornsiri, Published on 17/02/2025
» The Thailand Development Research Institute (TDRI) has warned that excessive government stimulus beyond the GDP potential could trigger a wage-price spiral, which may lead to a future economic crisis.
Thai credit rating set to remain unchanged
Business, Wichit Chantanusornsiri, Published on 23/12/2024
» Moody's is likely to maintain Thailand's sovereign credit rating after two other rating agencies -- Standard & Poor's (S&P) and Fitch Ratings -- maintained the rating with a stable outlook, according to the Public Debt Management Office (PDMO).
Finance minister floats tax changes
Wichit Chantanusornsiri, Published on 03/12/2024
» Finance Minister Pichai Chunhavajira has floated the idea of increasing value-added tax (VAT), while reducing corporate and personal income tax rates to strengthen state revenue, drive national development, enhance competitiveness and address domestic disparities.
State bank to help indebted street vendors
Business, Wichit Chantanusornsiri, Published on 13/11/2024
» The cabinet has approved the "Job Creation and Career Building" loan programme worth a total of 15 billion baht, primarily aimed at supporting street vendors and hawkers to help reduce their informal debt.