News
Recovery stimulus coming together
The Finance Ministry is gearing up to launch both financial and non-financial measures aimed at revitalising the economy once the pandemic is under control.The stimulus package prioritises job creation in the local economy, said Finance Minister Uttama Savanayana.The measures call for specialised financial institutions including ...
Wichit Chantanusornsiri
Thailand passes record stimulus package to combat COVID-19 impact
Thailand’s parliament approved on Sunday (May 31) a near-US$60 billion stimulus package, the kingdom’s biggest-ever cash injection, to revive an economy that has been hammered by the coronavirus.The 1.9 trillion baht (US$59.7 billion) package would be a much-needed boost for Southeast Asia’s second-biggest economy, expected ...
B500bn third stimulus package in store
A new stimulus package to alleviate the impact of the coronavirus crisis will be worth more than 500 billion baht, the finance minister said on Monday.It has already introduced two packages, the first to inject 400 billion baht into the economy and the second, worth ...
Finance Ministry to unveil new aid package
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 ...
Wichit Chantanusornsiri
Huge new stimulus package coming: Somkid
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 ...
Bangkok Post Reporter
Cash splurge to boost economy
The economic cabinet has decided to inject another 316 billion baht into the economy through a new stimulus package and remains optimistic that economic growth will be more than 3% this year despite the sluggish global outlook.Keep reading ...
Bangkok Post Reporter
Economic boost of up to Bt100 bn tipped from stimulus
The new government is expected to inject between Bt60 billion and Bt100 billion into the economy by the end of the year with policies to boost consumer spending and reduce the cost of living.However, economists question the government’s budget capabilities to fund these projects and ...
Phuwit Limviphuwat