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THAILAND

Skills, jobs focus of govt help to poor

News, Chatrudee Theparat and Wichit Chantanusornsiri, Published on 08/01/2018

» The government will focus on providing skills training and job creation to low-income earners in the second phase of its welfare and subsidy scheme for the poor, which will be tabled to the cabinet on Tuesday for approval.

BUSINESS

SEC says bitcoin futures trading not against rules

Wichit Chantanusornsiri and online reporters, Published on 08/01/2018

» The Securities and Exchange Commission (SEC) has said Thailand’s first bitcoin futures trading service offered by a securities company is not against rules but urged investors to apply caution due to high risks.

BUSINESS

Bitcoin speculation allowed for Thais

Business, Darana Chudasri & Wichit Chantanusornsiri, Published on 09/01/2018

» Phillip Securities Thailand has allowed Thai investors to speculate on bitcoin via an international global derivatives trading service, while Thailand's market regulators are in consensus that the move is legitimate.

THAILAND

B36bn approved for second phase to help the poor

Wichit Chantanusornsiri, Published on 09/01/2018

» The cabinet has approved 35.7 billion baht for the second phase of the welfare programme for low-income earners, which should help bring 1 million people above the poverty line this year.

BUSINESS

Nod for second phase of welfare scheme funding

Business, Chatrudee Theparat & Wichit Chantanusornsiri, Published on 10/01/2018

» The cabinet yesterday approved 35.67 billion baht for the second phase of the welfare and subsidy scheme for the poor, aiming to help about 1 million people cross the poverty line this year.

BUSINESS

Additional B150bn to swell deficit

Business, Wichit Chantanusornsiri & Chatrudee Theparat, Published on 11/01/2018

» The government plans to compile a supplementary budget of 150 billion baht for this fiscal year, a move requiring it to borrow an additional 100 billion baht and bring the fiscal 2018 budget deficit to 550 billion baht.

BUSINESS

Baht crosses over 32 benchmark

Business, Somruedi Banchongduang and Wichit Chantanusornsiri, Published on 13/01/2018

» The baht extended its gains on Friday, trading at below 32 to the US dollar and ending the first two weeks of the year up 2%, while exporters have asked the central bank to take measures to put the baht in line with its trade counterparts to retain a competitive advantage.

BUSINESS

State enterprises surpass revenue target by 28%

Business, Wichit Chantanusornsiri & Chatrudee Theparat, Published on 17/01/2018

» State enterprises contributed 43.3 billion baht in income to government coffers from October to December, surpassing the target by 28%.

BUSINESS

State enterprises spend big

Business, Wichit Chantanusornsiri and Darana Chudasri, Published on 30/01/2018

» State enterprises drew down 18 billion baht or 4% of this year's investment expenditure target, during the three months to December.

BUSINESS

Panel: Economy firing on all cylinders

Business, Chatrudee Theparat & Wichit Chantanusornsiri, Published on 08/02/2018

» The Thai economy is proceeding at full throttle this year, propelled by four active engines: state investment, private investment, exports and household consumption, says Deputy Prime Minister Somkid Jatusripitak.