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GENERAL

Finance minister urges sovereign credit rating upgrade

Business, Wichit Chantanusornsiri, Published on 20/09/2024

» Thailand's sovereign credit rating should be upgraded, as the government's interest payment burden is relatively low, says Finance Minister Pichai Chunhavajira.

GENERAL

Fiscal 2025 public debt estimated at 66% of GDP

Business, Wichit Chantanusornsiri, Published on 19/09/2024

» The level of public debt for fiscal 2025 is projected at 66% of GDP, which is below the fiscal sustainability threshold of 70%.

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INVESTMENT

Finance Ministry to define stock portfolio

Business, Wichit Chantanusornsiri, Published on 18/09/2024

» The Finance Ministry expects to manage its stock portfolio valued at roughly 400 billion baht, planning to potentially sell off certain portions, according to finance permanent secretary Lavaron Sangsnit.

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GENERAL

Community liquor wins state backing

Business, Wichit Chantanusornsiri, Published on 17/09/2024

» The Finance Ministry has vowed to enhance the competitiveness of Thai community liquor on a global scale.

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GENERAL

Thailand's digital wallet handout misses signup goal by 9m

Wichit Chantanusornsiri, Published on 16/09/2024

» Online registrations for the government's digital wallet handout scheme, which has now closed, has seen only 36 million people sign up, falling short of the target of 45 million.

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GENERAL

Ministries eye concessions for Bangkok train lines

Business, Wichit Chantanusornsiri, Published on 16/09/2024

» The Finance Ministry and Transport Ministry have begun exploring the idea of acquiring the concessions for seven electric train lines, valued at roughly 500 billion baht, to bring them under state ownership.

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GENERAL

Vulnerable groups to get handout from Sept 25

Business, Wichit Chantanusornsiri, Published on 14/09/2024

» The Finance Ministry is set to begin offering stimulus money to 14.5 million people in vulnerable groups starting from Sept 25, which is expected to contribute to achieving 3% GDP growth this year, says finance permanent secretary Lavaron Sangsnit.

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GENERAL

Bank for Agriculture and Agricultural Cooperatives defers debt for inundated farmers

Business, Wichit Chantanusornsiri, Published on 14/09/2024

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has announced debt payment deferrals for its customers in the North affected by severe flooding, with the measure lasting up to one year.

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GENERAL

Needy to get first B10,000 handouts from Sept 25

Wichit Chantanusornsiri, Published on 13/09/2024

» The government will begin offering stimulus handouts to 14.5 million needy people starting from Sept 25, which is expected to help lift economic growth to 3% this year, according to the Ministry of Finance.

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GENERAL

Student loan applications reach record high

Business, Wichit Chantanusornsiri, Published on 11/09/2024

» The number of students applying for loans from the Student Loan Fund (SLF) rose to 837,000 for the 2024 academic year, a new record high attributed to the economic downturn.