Ekniti a good choice for finance minister: Korn
FORMER finance minister Korn Chatikavanij posted a Facebook message praising Prime Minister-elect Anutin Charnvirakul for selecting Treasury Department Chief Ekniti Nitithanpraphat as finance minister because he is suited for the current economic conditions, Amarin TV said this evening (Sep. 6). “I must say that this person is a good choice, clean and knowledgeable, as […]
Read MoreAlmost 90% of Thais’ deposit accounts is less than 50,000 baht
THE latest statistics released by the Bank of Thailand shows that more than 124.8 million bank deposit accounts in Thailand, totaling 89%, hold less than 50,000 baht (see chart below), Thai Rath newspaper said today (May 17). This figure is not just data but a strong warning sign of how fragile the Thai grassroots […]
Read MoreExclusive-Thai central bank chief, finance minister to meet over inflation target as govt eyes rate cut
By Reuters and published by CNA THAILAND’S central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior official said, as the government seeks a new goal with an eye on a rate cut that it has pushed for months. The government has […]
Read MoreOnly 43 billion baht in Central Fund to finance digital wallet project
By Thai Newsroom Reporters NO MORE THAN A SUM OF 43 billion baht will be withdrawn from the government’s Central Fund for the current fiscal year to partly finance the digital wallet project, confirmed Prime Minister’s Office Minister Jakapong Sangmanee today (July 12). Jakapong contended that not as much as 100 billion baht to […]
Read MoreKrisada calls it quits as deputy finance minister
By Thai Newsroom Reporters KRISADA CHINAVICHARANA of the Ruam Thai Sang Chart has today (May 8) stepped down as deputy finance minister with immediate effect, partisan sources said. Krisada has tendered his letter of resignation as deputy finance minister to Deputy Prime Minister-cum-Finance Minister Pichai Chunhavajira but it remains to be seen whether another […]
Read MoreSirikanya viewed as ‘most suitable’ for finance minister: Pita
By Thai Newsroom Reporters MOVE FORWARD LEADER Pita Limjaroenrat said today (May 31) Move Forward MP-designate Sirikanya Tansakul has been so far considered the “most suitable” person for the post of finance minister among all others. Pita said he has worked with Sirikanya, a deputy Move Forward leader and head of the largest party’s […]
Read MoreTwo top Finance Ministry officials accused of shady Bangchak stock trade
THE Securities and Exchange Commission has reported that two senior Finance Ministry officials who are directors of Bangchak Corporation Plc had traded in this company’s shares while it was in the process of acquiring most of Esso Thailand’s shares, Matichon newspaper said this morning (Feb. 17). A review of SEC’s website shows that during […]
Read MoreFinance Ministry locks gates as protesters show up
PROTESTERS gathered at a Finance Ministry gate today (Jan. 22) to hand in a letter on budget allocation as called upon to do so by the People’s Party yesterday, Siam Rath newspaper said. In their letter the protesters said that they want to reclaim the Royal and military budgets to distribute it to all the […]
Read MoreChinese-funded illegal finance firm raided
AN ILLEGAL online finance company located in the Rama 3 road area was raided by Economic Crime Suppression Division (ECD) Commander Pol. Maj. Gen. Maitri Chimcherd and his team today (Dec. 18) with it being discovered that funds for lending came from Chinese nationals, Siam Rath newspaper reported. In searching the company’s office which did […]
Read MoreArkhom appointed new finance minister
THE Royal Gazette today (Oct. 5) announced His Majesty the King’s royal command appointing Arkhom Termpittayapaisith the new finance minister. This appointment by His Majesty the King, with the royal command dated October 1, 2020, was made by virtue of Section 158 of the Constitution. Arkhom, born on July 25, 1956, is a Thai civil […]
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