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THAILAND

Loan bill for digital wallet plan 'is being checked'

Post Reporters, Published on 21/11/2023

» A bill allowing the government to borrow 500 billion baht to fund its digital money handout is being vetted by the Council of State and will be returned to the government as soon as possible, according to Deputy Prime Minister and Commerce Minister Phumtham Wechayachai.

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WORLD

Biden turns 81 as voters show concern about age

AFP, Published on 21/11/2023

» WASHINGTON - Joe Biden joked about his age as he celebrated his 81st birthday on Monday, but the issue is no laughing matter for many voters as he seeks reelection next year.

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GENERAL

Milei says could take two years to tame Argentina's inflation

AFP, Published on 21/11/2023

» BUENOS AIRES - President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy.

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GENERAL

NESDC cuts Thai growth

Business, Published on 21/11/2023

» The National Economic and Social Development Council (NESDC) has cut Thailand's GDP growth for this year to 2.5%, but expects expansion of 3.2% next year as export momentum begins to improve, said secretary-general Danucha Pichayanan.

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GENERAL

Commercial banks turn cautious with SMEs

Business, Wichit Chantanusornsiri, Published on 21/11/2023

» Commercial banks are being more cautious in granting loans to small and medium-sized enterprises (SMEs), while housing loans have slowed down due to rising interest rates and rising living costs, said Atchana Lamsam, the Bank of Thailand's senior director of modelling in the supervision and risk assessment department, in a statement providing an overview of commercial banks in the thrird quarter of 2023.

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THAILAND

Pork kingpins in firing line

News, Mongkol Bangprapa, Published on 21/11/2023

» The mastermind and financiers behind illegal pork imports also need to be arrested, not just those hired to do the job, or else the illegal pork problem won't go away, Prime Minister Srettha Thavisin said on Monday.

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THAILAND

Sweden opens new consulate

News, Achadthaya Chuenniran, Published on 21/11/2023

» Phuket: The Swedish embassy in Thailand has appointed an Honorary Consul in Phuket to boost Thai-Swedish relations on the resort island, and the number of Swedish tourists to Thailand reached 110,000 so far this year.

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THAILAND

Thai diplomacy in focus

News, Published on 21/11/2023

» Foreign Affairs Minister Parnpree Bahiddha-Nukara kicked off a forum for senior diplomats on Monday, focusing on how to steer foreign policy to safeguard and advance the nation's interests in an increasingly polarised world.

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GENERAL

FTI seeks measures to help ailing SMEs

Business, Lamonphet Apisitniran, Published on 21/11/2023

» Urgent measures from the government are necessary to solve a financial crisis among 12,898 small and medium-sized enterprises (SMEs), now at risk of succumbing to a huge level of debt worth 61 billion baht, says the Federation of Thai Industries (FTI).

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GENERAL

Chiang Mai hotels banking on casual staff

Business, Molpasorn Shoowong, Published on 21/11/2023

» Hotels in Chiang Mai are poised to hire more casual staff to save on costs and reduce risk from slow foreign market growth and the seasonal haze, while those operating in Phuket are hiring more new graduates to meet demand.