Thai PM confirms to reshuffle cabinet World

Thai PM confirms to reshuffle cabinet

Thai Prime Minister Prayut Chan-o-cha said on July 9 that he will reshuffle his cabinet, after three ministers resigned from the ruling Palang Pracharat Party (PPRP).
Thai finance ministry mulls handouts for farmers World

Thai finance ministry mulls handouts for farmers

Thailand’s Ministry of Finance met on April 9 to hash out details of a planned cash handout for almost 9 million farmers to inject liquidity into the economy amid the slowdown brought on by the COVID-19 outbreak.
Thailand maps out third stimulus package World

Thailand maps out third stimulus package

Thailand’s relevant agencies, including the finance ministry and central, bank are working to revise a new stimulus package in order to reduce the impact of the COVID-19 pandemic worth more than 500 billion baht (15.3 billion USD).
Thailand steps up state investment amid COVID-19 impacts World

Thailand steps up state investment amid COVID-19 impacts

Thailand is planning to pour 400 billion baht (12.66 billion USD) of state investment into the economy in the second quarter of this year after the passage of the delayed 3.2-trillion-baht (101.1 billion USSD) annual budget bill for fiscal 2020.
Thailand to launch new economic stimulus package World

Thailand to launch new economic stimulus package

The Thai government is preparing to introduce a fresh economic stimulus package after the second largest economy in Southeast Asia recorded a five-year low in growth last year and faces a possible contraction in the first quarter of this year.
Thailand to initiate tourism promotions amid nCoV outbreak World

Thailand to initiate tourism promotions amid nCoV outbreak

Thailand’s Deputy Prime Minister Somkid Jatusripitak has ordered the Ministry of Finance to introduce domestic tourism promotion measures and ensure funding for infrastructure investment projects amid concerns that the novel coronavirus (nCoV) and the delay in the fiscal year 2020 budget bill have had negative impacts on the economy.
Thailand needs 100 billion THB to support rural economy World

Thailand needs 100 billion THB to support rural economy

The Finance Ministry of Thailand will need more than 100 billion THB (3.28 billion USD) to sponsor the sustainable development strategy for the rural economic area with around 30 million low-income households nationwide.
Thailand to revamp tax structure World

Thailand to revamp tax structure

The Thai Finance Ministry has set up a committee to shake up the tax structure of the Revenue Department, the Excise Department and the Customs Department, according to Finance Minister Uttama Savanayana.
Seminar on Thai economy under new government ASEAN

Seminar on Thai economy under new government

Thai Finance Minister Uttama Savanayana has disclosed urgent policies which are to be implemented during the first three months of the new government in Thailand with a focus on economic issues, including taxes which need to be restructured promptly.