Economy and commerce

The Finance Ministry plans to prioritise strengthening the rural economy and accelerate infrastructure investments in 2020 as a means to cushion against external headwinds.The Finance Ministry will use state-owned banks, including Krungthai Bank (KTB), Government Savings Bank, GH Bank and the Small and Medium Enterprise ...

Rapid technological advancements have made life more convenient. New technologies in the capital market have facilitated investors and created a more conducive environment from which all stakeholders can benefit. The Deputy Secretary-General to the Prime Minister, Dr. Kobsak Pootrakool, said some laws should be amended ...

Commenting on the news that S&P Global Ratings had upgraded its outlook on Thailand’s sovereign credit rating to positive from stable for the first time in 9 years, Prime Minister and Minister of Defence Gen Prayut Chan-o-cha said after the Cabinet meeting on Tuesday (December ...

The Bank of Thailand (BoT) is expected to leave its benchmark interest rate at a record low on Wednesday after two cuts this year, a Reuters poll showed, although it was likely to downgrade its growth outlook again.All 16 economists in the poll predicted the ...

Thailand looks poised to improve free trade agreements (FTAs) under the Asean framework next year, aiming to extend tariff cuts to cover more products, particularly sensitive items.The Trade Negotiations Department also wants to upgrade agreements so they are in line with changing economic conditions.Keep reading ...

The economic foundation in Thailand remains strong, after an international credit rating agency recently raised the country’s outlook to positive, as the government continues short-term measures to stimulate the domestic economy amid the global economic slowdown.Keep watching ...

In its latest campaign to encourage more spending and boost tourism Bangkok’s government is launching a series of walking streets today before the Thai government spreads the walking street ‘boost’ to other provinces. Silom and Yaowarat roads are becoming pedestrian walkways today and other provinces ...

The government is being urged to rev up budget disbursement and continue introducing more stimulus measures to spur spending as overall business sentiment remains low.The University of the Thai Chamber of Commerce (UTCC) reported on Wednesday the business confidence index, a gauge of nationwide business ...

The amount invested in the recently approved Super Savings Funds (SSFs) could dwindle by half from the annual sums invested in long-term equity funds (LTFs) because of the significant reduction in tax privileges, says a capital market executive.SSFs is expected to see inflows worth around ...

The Bank of Thailand (BOT) is considering a refinance programme for credit card debtors with credible payment history, assistant governor of communications and corporate relations Chantavarn Sucharitakul said.“BOT has taken note of the problem faced by those credit card debtors’ during its Debt Clinic, and ...