Economic policy and administration

Ahead of the March 25 Monetary Policy Committee meeting, central bank governor Veerathai Santiprabhob discusses the need to “act early” with previous monetary policy easing and warns the foreign exchange rate will continue to be highly volatile against the backdrop of the Covid-19 outbreak. Keep watching ...

The government looks set to allow Village Funds to pay 1,000-2,000 baht to 13 million members for fund-related activities nationwide to promote domestic spending.According to Rakpong Sengcharoen, head of the National Village and Urban Community Office, increased domestic spending will help offset somewhat the sharp ...

The Finance Ministry will propose to the Council of Economic Ministers on Friday a plan to hand out Bt1,000 each to around 10 million low-income earners as part of its first relief package to mitigate the economic impact of the Covid-19 outbreak.Minister Uttama Savanayana said ...

The Finance Ministry is set to roll out a fresh stimulus package this quarter large enough to jump-start economic growth momentum, says Finance Minister Uttama Savanayana.The prospective measures will help bolster consumer confidence, the tourism sector and business operators, he said.Keep reading ...

The new President of the Thai-Chinese Chamber of Commerce, Narongsak Puttapornmongkol, is promoting a policy supporting joint investment, connecting the Belt and Road Initiative and the Eastern Economic Corridor (EEC). He has expressed confidence that Chinese investment in Thailand will grow, as the chamber is ...

Thailand aims to improve its ranking in “Ease of Doing Business” in 2021, Krisda Jinawijarana, director-general of Customs Department, said on Friday (February 7). He said the department was making improvements in five areas.“The Customs Department is committed to improving Thailand’s infrastructure and procedures in ...

The government plans to introduce additional measures next month to boost consumption and tourism, its finance minister said on Tuesday, as it tries to shore up a faltering economy potentially facing a sharp blow from the coronavirus in China.Tourism, a key growth driver and previously ...

The Agriculture and Cooperatives Ministry has prepared a grass roots economic development and promotion campaign, which will be presented to the Cabinet on Tuesday for approval under the fiscal year 2021 budget.Agriculture and Cooperatives Minister Chalermchai Sri-on said on Monday (January 20) that “the campaign ...

Thailand needs to rev up both public and private investment, including infrastructure development as well as the promotion of the tourism and service sectors, to boost economic growth this year, Deputy Prime Minister Somkid Jatusripitak told a business seminar on Wednesday.The central bank estimated 2019 ...

As much as 99 billion baht is set to be channelled to Village Funds this year, as the government wants to beef up the local economy.The figures include 14 billion baht for projects and the 75 billion baht in debt suspension for members of the ...