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GENERAL

PM promotes Thailand as financial hub

Wichit Chantanusornsiri, Published on 19/07/2024

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Prime Minister Srettha Thavisin delivered a keynote address at the Finance Ministry's "Ignite Finance" Initiative on Friday, part of his "Ignite Thailand" vision to position the country as a global financial hub.

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THAILAND

Cabinet approves Bangkok's Orange Line route

News, Wichit Chantanusornsiri, Published on 17/07/2024

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The cabinet on Tuesday gave the green light for Bangkok Expressway and Metro Plc (BEM) to kick off the western route project of the Orange Line, according to government spokesman Chai Wacharonke.

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GENERAL

Cabinet greenlights launch of retirement lottery project

Business, Wichit Chantanusornsiri, Published on 17/07/2024

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The cabinet has approved a savings innovation for low-income individuals, known as the retirement lottery, which offers attractive prizes.

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GENERAL

Bid to revive confidence after EA fraud claim

Business, Wichit Chantanusornsiri, Published on 17/07/2024

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Following the alleged fraud committed by the former chief executive and chief financial executive of SET-listed Energy Absolute (EA), the Finance Ministry has vowed to take decisive action to rebuild confidence in the Thai capital market.

GENERAL

Ministry embracing data-driven approach to policymaking

Business, Wichit Chantanusornsiri, Published on 17/07/2024

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The Finance Ministry wants to upgrade its fiscal policymaking by adopting a data-driven approach.

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GENERAL

Cabinet okays B100bn soft loan aimed at SMEs

Business, Wichit Chantanusornsiri, Published on 17/07/2024

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The cabinet has approved a 100-billion-baht soft loan to be provided to financial institutions for relending to their customers, with a particular focus on small and medium-sized enterprises (SMEs).

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GENERAL

Revenue Department banking on trio of sectors

Business, Wichit Chantanusornsiri, Published on 15/07/2024

» Energy businesses, financial institutions and tourism will remain the main revenue generators for the Revenue Department, capable of contributing significantly to tax revenues this year, says the department's chief.

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GENERAL

Cabinet set to approve assistance for farmers

Business, Wichit Chantanusornsiri, Published on 13/07/2024

» Measures to address public debt and support the agriculture sector are likely to be implemented soon, says Deputy Finance Minister Julapun Amornvivat.

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PROPERTY

Ministry suggests stimulus efforts have generated B65bn

Business, Wichit Chantanusornsiri, Published on 12/07/2024

» The government's real estate stimulus measures have already injected about 65 billion baht into the economy, according to the Finance Ministry.

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GENERAL

Budget for digital wallet scheme reduced by B50bn

Business, Wichit Chantanusornsiri, Published on 12/07/2024

» The cost of the government's flagship digital wallet initiative has been scaled down to 450 billion baht from 500 billion, but the Finance Ministry still expects it to have a positive impact on the economy.