Saturday, April 27, 2024

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Economics

Thai PM faces Challenges Securing Funding for Digital Wallet Scheme

Thai government struggles to fund digital wallet scheme, exploring borrowing options amid concerns about legality and long-term financial impact.

Govt brushes off central banks call for review of digital wallet scheme

Bank of Thailand advises downsizing the digital wallet scheme for financially fragile people. Government dismisses concerns. Central bank warns of fiscal burdens, credit rating...

TAT claims Maha Songkran World Water Festival is a great success

The Maha Songkran World Water Festival 2024, organized by TAT, attracted over 780,000 visitors and injected 2.8 billion baht into the economy, with positive...

East Asia and the Pacific Region to Maintain Growth Despite Global Challenges

East Asia and Pacific region growing at 4.5% in 2024, slower post-pandemic. To sustain growth, focus on private sector investment and productivity.

Transport minister promises 20 baht fares on all electric trains by September next year

Transport Minister plans to cap maximum electric train fare at 20 baht in Bangkok by September next year to encourage people to use public...

Thai PM declares official launch of digital wallet program

PM launched digital wallet scheme benefiting Thai citizens with cash handouts, improving economy and livelihoods. Transparency and financial discipline emphasized.

World Bank outlines key reform priorities for Thailand’s economic growth

World Bank releases update for Thailand, emphasizing five reform priorities for sustainable growth amid economic challenges. Stakeholder input included.

As foreign investors exit bond market Thai government faces fund raising challenge

Thai government faces higher borrowing costs as foreign investors sell government bonds, causing capital outflows. Weak baht, US rate differences, and competition with private...

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