![Thai Prime Minister Paetongtarn Shinawatra luanches the second phase of the digital wallet scheme on Jan 27, 2025, at Government House. The World Bank warns the policy has added to fiscal pressures. (Photo: static.bangkokpost.com)](https://mediaen.vietnamplus.vn/images/e02dc2bde3db181d6e28b4a261b7ee8bc0991872330c712d00d496370a8e7d83ba9e8956b40cac0a2db6b96c7b951e6879bcf9faf4a4af87156edc3933638f0f/c1-2961125-790.jpg.webp)
WB sees Thai fiscal risks mounting due to spending surge
Pro-growth consumption-stimulating measures such as the digital wallet have added to fiscal pressures in Thailand, the World Bank said.
Pro-growth consumption-stimulating measures such as the digital wallet have added to fiscal pressures in Thailand, the World Bank said.
Thailand's Ministry of Finance is mulling amending tax laws on income from foreign investments to create a more favourable environment for investors and lure Thais to repatriate their earnings.
The Philippines will import 4.8 million tonnes of rice this year, according to the country's Bureau of Plant Industry.
A confluence of factors, including its significance in the global tech supply chain, friendly FDI policies, existing industry clusters, a skilled labour force and extensive free trade agreements (FTAs), makes Malaysia an outperformer in the region
Malaysia is making efforts to align with the global trend towards digitalisation, which is driving demand for data centres, cloud computing, blockchain and artificial intelligence (AI).
The Thai Ministry of Digital Economy and Society said it is cooperating with over 300 agencies to eradicate fake news while looking to use articial intelligence (AI) to verify news reports.
Indonesia is advancing its efforts to realise national vaccine independence through a collaboration with the Coalition for Epidemic Preparedness Innovations (CEPI).
Malaysia needs more funding for the implementation of the National Semiconductor Strategy (NSS) to enhance its competitiveness with neighbouring countries, said Penang Chief Minister Chow Kon Yeow.
The company expects to cut or transfer about 1,000 jobs in Thailand and stated that reducing operating expenses by around 400 billion JPY (2.62 billion USD) in the 2026 fiscal year will help maintain a stable operating profit margin of 4%.
With the addition of two conservation areas, Indonesia's total marine conservation area has surpassed 30 million hectares, almost reaching the national 2030 target of 32.5 million hectares.
A security source revealed that following Thailand’s power and internet signal cut-off measures on February 5, illegal businesses operated by these groups have been severely affected, forcing them to relocate from Payathonzu under increasing pressure.
The North of Thailand is grappling with a surge in wildfires, with 401 hotspots detected across 17 provinces, the Region 3 Forest Fire Control Centre said on February 13.
Automobile and motorcycle manufacturers are introducing advanced technologies and the latest products at the show.
Traisuree said the order was issued because many people in Thailand carry firearms in public places without a sound reason. Some display their firearms in public to intimidate others. Such habits could lead to crime and danger to people’s lives, properties and morale, she said.
The proposal was jointly submitted by police, army officers, and the Interior Ministry as a measure to strengthen efforts against human and drug trafficking along the Thailand-Cambodia border.
The Chinese side reaffirmed its support for ASEAN's community-building efforts and the bloc’s central role in regional affairs, emphasising the priority China places on its relationship with ASEAN as part of its neighbourhood diplomacy.
Malaysian Foreign Minister Seri Mohamad Hasan met with his Cuban counterpart Bruno Eduardo Rodriguez Parrilla in Kuala Lumpur on February 13, where discussions focused on enhancing collaboration in trade, health care, education and tourism.
This year marks the fifth consecutive year that the ASEAN Committee in Prague has contributed food donations to support disadvantaged communities.
Mount Lewotobi Laki-Laki, which stands 1,703 meters tall, has erupted multiple times in recent months. In November, a series of eruptions killed nine people, forced thousands to flee, and disrupted international flights to Bali.
Indonesia is looking to attract more Apple suppliers, Investment and Downstream Minister Rosan Roeslani said, claiming that several new suppliers have proposed investing in the country.
Minister of HAM Natalius Pigai said that the development of such village demonstrates the government's commitment to fostering peace and justice, particularly in conflict-affected areas.
The negotiations are part of the concrete steps of the Ministry of Trade’s priority programme to expand the export market.
Victims were targeted through social media platforms, and messaging and dating applications, police said.
By providing easy access to parenting information, ParentingTips ensures that families receive the guidance they need to support the healthy development of their children.
They two sides agreed to further enhance cooperation in key areas outlined in the Comprehensive Partnership Action Plan, including human resources development, trade and investment, climate change mitigation, sustainable energy development, security, law enforcement, and other important areas.