Thai House endorses 11.7-bln-USD loan decree
Thailand’s House voted late June 15 night to endorse an executive decree to empower the Finance Ministry to seek loans of 400 billion baht (11.7 billion USD).
Thailand’s House voted late June 15 night to endorse an executive decree to empower the Finance Ministry to seek loans of 400 billion baht (11.7 billion USD).
After 14 hours debate, the House cast 248 to 128 votes to endorse the decree, “The Nation” newspaper reported.
The Thai news agency quoted experts as saying that the infusion would immediately benefit investment-related businesses such as construction and building materials.
Once the economy expands, it would boost purchasing power and reactivate consumer-related businesses including retail and commercial banking, they added./.
You should also see
PM raises proposals for ASEAN to become global digital transformation model
Prime Minister Pham Minh Chinh on April 23 proposed breakthrough orientations to make ASEAN a model in digital transformation globally, while co-chairing a business roundtable with his Lao counterpart Sonexay Siphandone in Hanoi.
See more
ASEAN
ASEAN Future Forum 2024 enters first session
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
World
Malaysia, Philippines warn of severe heat in upcoming summer
Malaysia and the Philippines have warned of severe heat during the upcoming summer.
World
Thailand re-considers tourism tax
Thai tourism operators are urging the Thai government to seriously consider measures to tackle overtourism. One of the proposed measures is a tourism tax of 300 baht (8.11 USD).
World
Ten crew members killed after two Malaysian navy helicopters collide
Ten people have died after two navy helicopters collided in mid-air during a military rehearsal for a Royal Malaysian Navy parade.
World
Indonesian Constitutional Court rejects petitions against presidential election results
The Indonesian Constitutional Court on April 22 rejected all petitions regarding the country’s presidential election results filed by two presidential candidates - Anies Baswedan-Muhaimin Iskandar and Ganjar Prabowo-Mahfud M.D.
