Thailand Proposes B500bn Borrowing Plan, Seeks to Raise Debt Ceiling
The government plans an emergency decree to borrow 500 billion baht to address economic issues, Deputy Prime Minister Pakorn Nilprapunt said on Monday. The move is justified by tight cash…
Senate Panel Floats VAT Increase to Tackle Rising Debt
The Senate’s Economic, Monetary and Fiscal Affairs Committee has proposed a sweeping tax reform package, including a potential increase in value-added tax (VAT), to address rising public debt that could…
Nighttime Fuel Curfew Under Consideration for Motorists
A potential government move to shut petrol stations overnight as early as this week is expected to raise public awareness about tightening oil supplies and rising fuel costs, which are…
Foreign Investors Exit Thailand as Iran War and Energy Shock Undermine Recovery Outlook
Rising oil prices—approaching $100 per barrel—have highlighted Thailand’s heavy reliance on Middle Eastern energy, which supplies nearly half of its oil and gas. This comes as the country faces mounting…
Central Bank Chief Signals Interest Rates Likely to Remain Unchanged
The Bank of Thailand is expected to keep its policy interest rate unchanged at 1.00%, as economic growth this year is projected at between 1.3% and 1.7%, Governor Vitai Ratanakorn…
Oil prices tumble as stocks rally following Trump’s agreement on a two-week ceasefire
Photo Credit: Reuters Oil prices plunged, bonds rallied and global equities surged on Wednesday after a two-week ceasefire in the Middle East triggered a wave of relief across financial markets,…
Government targets B40bn through infrastructure fund initiatives
Photo Credit: Bangkok Post Several state-owned enterprises (SOEs) are expected to raise a combined 40 billion baht through infrastructure funds, easing pressure on government finances as these liabilities are not…
Finance Minister Signals Imminent Fuel Price Relief
Photo Credit: Thai Oil The Thai government is preparing to reduce domestic fuel prices by reassessing what it considers “unnecessary” cost components within the national pricing structure. Finance Minister Ekniti…
Banks boost reserves to cushion impact of war
Thai banks are stepping up loan-loss provisions as they brace for the potential fallout from a prolonged conflict in the Middle East, while also preparing to assist a growing number…
SME Loan Access Set to Improve
The government has introduced a new scheme to improve access to financing for small and medium-sized enterprises (SMEs) seeking to purchase commercial pickup trucks, targeting transport operators, farmers and freelancers.…