State agencies doled out 74.2% of the budget for fiscal 2017 during the nine months to June, adding to signs that the disbursement target of 87% of the 2.73-trillion-baht budget will be achieved. Between October and June, 2.03 trillion baht was taken out, said Oranuch Vainusit, a spokeswoman for the Comptroller-General’s Department. Of the total, […]
Read MoreThe number of foreign tourists visiting Thailand rose by up to 5% in the period January to June 2017, the country’s tourism minister said on Wednesday, compared with the same period last year. Tourism and Sports Minister Kobkarn Wattanavrangkul said Thailand saw around 18 million tourist arrivals in the first half of 2017. “Right now […]
Read MoreThe government expects to pursue economic growth to at least seven percent in 2018, the same level expected for 2017, according to the Ministry of Finance. The ministry is drafting the budget plan for 2018, which will be submitted to the upcoming ordinary session of the National Assembly (NA), scheduled to take place in October […]
Read MoreImproved transport with increased investment along border areas have pushed Thai border trade value in the first five months of this year up 6.4%, to 529.5 billion baht. Commerce Minister Apiradi Tantraporn said increased trade volume in major border areas was seen particularly in Cambodia, Laos and Myanmar, which have a growing demand for Thai […]
Read MoreMyanmar workers holding temporary work permits are being advised to seek approval from labour authorities before leaving their designated areas for nationality verification. Waranon Pitiwan, chief of the Department of Employment, said migrant workers who hold temporary work permits, also known as pink cards, need to get a “ticket of leave” to travel to one of […]
Read MoreThe Bank of Thailand and the Monetary Authority of Singapore on Tuesday signed a FinTech Cooperation Agreement and updated a Memorandum of Understanding on Banking Supervision, according to their joint statement. The two documents were signed on the sidelines of the biennial “BOT-MAS Bilateral Meeting”, hosted on this occasion by MAS in Singapore. The FinTech Cooperation Agreement aims to […]
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Thailand
