Thailand to expand infrastructure investment fund World

Thailand to expand infrastructure investment fund

Expanding the Thailand Future Fund (TFF) and tax reform are two priority policies that will boost development and help to reduce income inequality, Thai Minister of Finance Uttama Savanayana told the Bangkok Post Forum 2019 on August 5.
CPI target for 2019 feasible: experts Business

CPI target for 2019 feasible: experts

The target of keeping the country's inflation below 4 percent is feasible, experts said at a recent seminar held in Hanoi by the Institute of Economics and Finance (IEF) under the Academy of Finance.
Low CPI growth facilitates inflation control: Deputy PM Business

Low CPI growth facilitates inflation control: Deputy PM

A CPI rise at three-year low during the first half of 2019 has greatly helped stabilise the macro-economy, promote economic growth and leave much room for inflation control for the remaining of the year, according to Deputy Prime Minister Vuong Dinh Hue.
Thailand launches new economic stimulus package World

Thailand launches new economic stimulus package

The Thai government has freshly launched an economic stimulus package worth 21.8 billion THB (680 million USD) to deal with signs of an economic slowdown and spur domestic consumption to offset weaker exports.
VNDirect sees post-tax profit up 31 pct in 2019 Business

VNDirect sees post-tax profit up 31 pct in 2019

VNDirect Securities Corporation (VNDS) expects its post-tax profit to grow 31 percent year on year in 2019 to 487 billion VND (20.9 million USD), attendees heard at the firm’s annual shareholder meeting on April 18.
S&P raises Vietnam’s credit rating with stable outlook Business

S&P raises Vietnam’s credit rating with stable outlook

Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.
Public debt poses big risk to Vietnam Business

Public debt poses big risk to Vietnam

The state budget deficit, which regularly remains at a high level, and rising public debt are among the biggest macro-economic risks facing Vietnam, making it more difficult for the government to help the economy head towards growth, said Professor Tran Tho Dat, Principal of the National Economics University (NEU).