Bangkok Post
Govt plans B55bn savings bond issue in June
Thailand will sell 55 billion baht of government savings bonds next month to help finance a budget deficit, a Finance Ministry official said on Monday.The 5-year and 10-year bonds will be offered to the public with yearly average coupon of 2.9% and 3.6% respectively, said ...
Dropouts up as subsidy funding lags
The government’s free education programme needs to be revised to improve access to and the quality of basic education following an increase in dropouts among poor students, a seminar was told.Chaiyuth Punyasavatsut, lecturer at Thammasat University’s faculty of economics, told a forum held by the ...
Bangkok Post Reporter
April factory output rises 0.56% y/y, below forecast
Thailand’s factory output in April rose at a smaller pace than expected as higher costs continued to affect production, despite improved economic activity, the industry ministry said on Monday.The manufacturing production index (MPI) rose 0.56% in April year-on-year, below a forecast rise of 1.6% in ...
Co-payment scheme to be extended
The government has pledged to implement a fifth phase of the “Khon La Khrueng” co-payment subsidy scheme after Friday approving tourism stimulus packages to revitalise the embattled sector.According to Prime Minister Prayut Chan-o-cha, the government wants to extend the scheme and is studying the possibility ...
Bangkok Post Reporter
TAT keen on 20m goal
Thai tourism remains on course to reach 20 million arrivals next year as the prime minister predicted, following the easing of travel rules on May 1, according to the Tourism Authority of Thailand (TAT).“The industry next year is poised to strengthen from this year, making ...
Bangkok Post Reporter
Groundwater: Making the invisible visible
Climate change is causing global temperatures to rise, putting our most visible sources of water at risk. From Spain to parts of the African continent, droughts are being experienced at unprecedented levels. Madagascar last year faced a food crisis that left 1.3 million people facing ...
Bangkok Post Reporter
Govt to subsidise workers' SSF contributions May-July
The government will subsidise registered workers’ welfare payments after the cabinet agreed to reduce their contribution to the Social Security Fund (SSF) in light of economic pressures, says the Labour Ministry.The decision to reduce workers’ contribution was among 10 measures agreed by the cabinet last ...
Bangkok Post Reporter
Growth outlook needs rejig
The Finance Ministry plans to revise its 2022 forecast for Thai economic growth next month, focusing on the impact of rising inflation and spiking energy prices, says a ministry source who requested anonymity.The ministry is worried the Russia-Ukraine war will affect its target for foreign ...
Wichit Chantanusornsiri
Digital spending to grow 9%
Digital advertising spending is expected to continue to grow in 2022, though by a smaller margin than the 18% surge recorded last year amid concerns about the weak economy, according to the Thailand Digital Advertising Spend Report.The report was jointly commissioned by the Digital Advertising ...
Bangkok Post Reporter
Oil Fuel Fund set to be replenished next month
The Oil Fuel Fund Office (Offo) expects to obtain the first portion of loans as part of a total of 20 billion baht from commercial banks next month as its fund, used to subsidise energy prices, is nearly empty.The loans are to repay oil and ...
Bangkok Post Reporter