Showing 1 - 10 of 15
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).
Analysts dubious of CP Axtra project
Business, Nareerat Wiriyapong, Published on 18/12/2024
» SET-listed CP Axtra (CPAXT), a wholesale and retail business unit of Charoen Pokphand (CP) Group, plans to invest 12-15 billion baht in a mixed-use real estate development project that has analysts concerned about the company's debt burden and corporate governance.
Cooking gas prices unchanged
Business, Yuthana Praiwan, Published on 18/12/2024
» Domestic cooking gas prices will remain unchanged at 423 baht per 15-kilogramme cylinder until the end of March next year, though this increases the financial burden for the debt-ridden state Oil Fuel Fund, says the Energy Policy Administration Committee (EPAC).
Driving regional growth: UOB’s vision for Thailand
Business, Somruedi Banchongduang, Published on 11/12/2024
» UOB Thailand is poised to support business clients with their regional expansion, capitalising on Southeast Asia’s growth potential, while also helping Thai individuals access financial services more effectively amidst growing household debt.
Thai businesses call for huge stimulus
Business, Post Reporters, Published on 09/12/2024
» The business sector is calling for multiple government stimulus measures, especially tax incentives and a household debt reduction scheme, to revive the economy and give the public a New Year's gift.
Finance Ministry plans to convert THAI debt
Wichit Chantanusornsiri, Published on 19/11/2024
» The Ministry of Finance is preparing to convert the debt of Thai Airways International into equity, with a proposal expected to be submitted to the cabinet this month as part of a plan to increase the company’s capital.
Stimulus package slated for year-end
Business, Wichit Chantanusornsiri, Published on 18/11/2024
» The government is poised to introduce an economic booster package at year-end, extending into 2025.
The thorny roots of debt
Business, Post Reporters, Published on 18/11/2024
» Overwhelming debt has been the key issue during economic discussions the past several months, as it contributes to declining car sales and weak demand for property, particularly in the low-income segment.
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.
Report to cabinet puts public debt at 64% of GDP
Business, Wichit Chantanusornsiri, Published on 06/11/2024
» The cabinet acknowledged the latest report on public debt levels as of August, tallying 64% of GDP, below the fiscal sustainability threshold of 70%.