Thailand to spend 10bn baht to buy bad household debt, stocks edge up nearly 1%
By Reuters and published by CNA THE Bhumjaithai-led coalition government will spend 10 billion baht ($307 million) to buy bad debt this month, the Finance Minister said today (Oct. 9), as part of its plans to revive its sluggish economy. Thailand’s stubbornly high levels of household debt have shackled the economy for several years, […]
Read MoreCopay cash being distributed on Oct. 29: Finance Minister
DEPUTY Prime Minister-cum-Finance Minister Ekniti Nitithanprapas said the public will be able to use the cash from the copay project over two months from Oct. 29 onwards with details of the scheme to be tabled to the cabinet next week, Naewna newspaper and PPTVHD 36 said today (Oct. 1). After cabinet approval the public […]
Read MoreAnutin dumbfounded over vote-wooing copay allegations
By Thai Newsroom Reporters PRIME MINISTER ANUTIN Charnvirakul said today (Sep.30) he was quite puzzled by fresh allegations that his Bhumjaithai-led government is merely fishing for popularity among the people with a copay project to be renewed and implemented nationwide just ahead of a general election anticipated around the upcoming March. The prime minister […]
Read MoreNavy’s Chinese submarine project still undergoing ‘viability study’
By Thai Newsroom Reporters DEPUTY PRIME MINISTER-cum-Defence Minister Phumtham Wechayachai said today (Nov. 27) the navy’s long-delayed project to buy a Chinese-built submarine is as yet being put on hold, pending a “viability study” on it. Phumtham said the navy’s plan to procure the 12.4 billion baht, Yuan-class S26T submarine without a German-made engine […]
Read MoreMass petition against Thai-Khmer undersea project to be submitted to Govt
By Thai Newsroom Reporters A FRESH PETITION undersigned by over 100,000 people in opposition to a Thai-Cambodian MoU on a joint undersea natural resources development project will be submitted to the Pheu Thai-led government on the upcoming Friday. Thai Pakdee chair Warong Dechgitvigrom confirmed today (Nov. 20) that the mass petition to which over […]
Read MoreThai members to a joint undersea resources panel to be named ASAP
By Thai Newsroom Reporters FOREIGN AFFAIRS MINISTER Maris Sangiampongsa confirmed today (Nov. 20) a group of persons will be named “as soon as possible” to sit on a Joint Technical Committee for a profit-sharing, undersea resources development project between Thailand and Cambodia. Maris stopped short of elaborating on the shortly-anticipated naming of members on […]
Read MoreNewin snubs Thaksin’s casino promotion scheme
By Thai Newsroom Reporters DE FACTO BHUMJAITHAI BOSS Newin Chidchob has categorically expressed his dissent to de facto Pheu Thai boss Thaksin Shinawatra’s sustained plan to promote casinos anywhere in Thailand, said a noted political critic over the weekend. During a hush-hush talk between the de facto Bhumjaithai and Pheu Thai bosses at the […]
Read More15 million ‘fragile’ people to get cash in lieu of digital wallet
By Thai Newsroom Reporters AN ESTIMATED 15 MILLION Thai nationals will likely be granted 10,000 baht in cash each in lieu of a digital wallet with the same amount under a new Pheu Thai-led government, a partisan source said today (Aug. 21). Officially categorised as “fragile” groups of people, the 14.98 million people nationwide […]
Read MoreDigital wallet project sales figures not being sent to Revenue Dept
By Thai Newsroom Reporters NO SALES VALUES OF merchandise traded under the Pheu Thai-initiated digital wallet project will be eventually accessed by the Revenue Department as widely feared by retailers and vendors anywhere, according to Deputy Finance Minister Julapun Amornvivat. The total sales values of goods to be sold by retailers and vendors ranging […]
Read MoreDigital wallet project would not make Pheu Thai a very popular party: Academic
By Thai Newsroom Reporters THE MUCH-HERALDED, YET-DELAYED, Pheu Thai-initiated digital wallet handout campaign would not help maintain much of partisan popularity, let alone promote it, among millions of people nationwide when it comes to their going to the polls next time around, according to an academic critic. Pornchai Theppanya, former dean of Ramkhamhaeng University’s […]
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