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 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 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 […]
Read MoreThe Thai consumer confidence index (CCI) fell for the second straight month in June, weighed down by poor farm product prices and concerns about a slower-than-expected economic recovery, according to a survey by the University of the Thai Chamber of Commerce (UTCC). The UTCC survey showed that consumer confidence index declined to 74.9 points in June, […]
Read MoreThe commerce ministers of Cambodia and Thailand yesterday agreed to delay a planned 2017 forum on trade. The meeting between Commerce Minister Pan Sorasak and his Thai counterpart Apiradi Tantraporn was held to discuss preparations for the Cambodia-Laos-Myanmar-Vietnam-Thailand (CLMVT Forum) 2017. But the two ministers agreed to push the forum to early 2018, while also […]
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