Government

Thailand’s cabinet on Tuesday approved a 214 billion baht ($6.87 billion) borrowing plan for a revenue shortfall in the current fiscal year to September, due to the impacts of the coronavirus pandemic, a government official said.The borrowing is part of an adjusted debt management plan ...

Asean and China will celebrate the 30th anniversary of bilateral relations next year and at issue is whether Asean will be willing to upgrade the country’s status to “comprehensive strategic partner”. Beijing is hopeful that there will be a consensus among the 10-member countries to ...

Thailand’s increased public debt, attributed to borrowing to sustain economic conditions during the pandemic, remains below the average rate seen in emerging markets, says the Public Debt Management Office.PDMO director-general Patricia Mongkhonvanit said the IMF reported that global public debt has risen by 20% on ...

 According to the recent Suan Dusit Poll, people want the new Cabinet to focus on solving economic problems.Keep watching ...

The regional Covid-19 response is expected to be assessed by Prime Minister Prayut Chan-o-cha and other world leaders during the upcoming 36th Asean Summit next week.The summit will be hosted by Asean chair Vietnam on June 26 under the theme of “Cohesive and Responsive Asean”. ...

The National Economic and Social Development Council (NESDC) has revealed that the NESDC office has received proposals for 28,331 projects, worth some 370 billion baht from government agencies.Keep watching ...

Most people want the government to create job opportunities and reduce taxes, along with taking other measures, to ease the ongoing unemployment crisis, according to the result of an opinion survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The poll was conducted online between ...

The Commerce Ministry has teamed up with manufacturers, distributors, retailers and wholesalers to organise a campaign to lower prices of goods by 4-68% to help reduce living costs for people nationwide. The two-month scheme is scheduled to begin on Sunday.Commerce Minister Jurin Laksanawisit said the ...

The cabinet has approved the cut of the tax on land and buildings by 90% of the amount due for the 2020 tax year to relieve people’s burden, Prime Minister Prayut Chan-o-cha said.The cabinet approved on Tuesday a royal decree on the cut as proposed ...

The government is able to borrow an additional 100 billion baht to offset a budget deficit if state revenue collection for fiscal 2021 misses its target, says the Budget Bureau.If the coronavirus outbreak is still battering the economy and causes a shortfall in state revenue ...