A survey on the Thai population’s financial skills last year shows that more people are now either saving or investing their money. The Bank of Thailand (BOT) said on Thursday that 71 per cent of Thais show their financial skills have improved compared to 66.2 per cent in 2018. The central bank collaborated with the […]
Read MoreThe Finance Ministry on Thursday cut its 2021 economic growth forecast to 1.0% from a previously projected 1.3% expansion, the fourth such revision this year, as the country struggles to recover from the pandemic. Thailand suffered a 6.1% economic slump last year, after the collapse of its tourism sector. The country imposed tougher restrictions in […]
Read MoreThe government has been urged to simplify money transfers and provide more medical staff to support wealthy pensioners if the country wants to boost the economy through foreign property ownership. Atip Bijanonda, vice-chairman of the Board of Trade of Thailand, said money transfer procedures for foreigners buying condos was currently a tremendous obstacle as the […]
Read MoreThe government vows to rev up infrastructure development, investment in clean energy, electric vehicles and new targeted industries to lift economic growth. Speaking on Wednesday at a forum entitled “Creating Thailand Desirable Future” organised by the Thailand Management Association, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said the government has already laid down an ecosystem […]
Read MoreThe Ministry of Digital Economy and Society (DES) has urged related agencies to consider a waiver of capital gains tax for venture capital (VC) funds investing in local tech startups, as another drive for startup investment in the country. The move is also a part of the strategies to build a digital business ecosystem as […]
Read MoreState-run financial institutions stand ready to provide liquidity to around 175,000 business operators in the Eastern Economic Corridor (EEC) to help them deal with the impact of the ongoing Covid-19 pandemic. The move is in line with the policy of Finance Minister Arkhom Termpittayapaisith that the state-run banks join forces to support the EEC, which […]
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Thailand
