The government announced on Tuesday its net revenue in the 2022 fiscal year exceeded its target by more than 151 billion baht. Government spokeswoman Rachada Dhnadirek said the cabinet, at its weekly meeting on Tuesday, acknowledged the Finance Ministry’s report on revenue and expenditure for the period covering Oct 1, 2021 to Sept 30, 2022. State […]
Read MoreThailand’s economic growth recorded the fastest pace in over a year, expanding by 4.5% year-on-year in the third quarter of 2022, thanks to tourism rebound, according to data from the National Economic and Social Development Council (NESDC). Bangkok (VNA) – Thailand’s economic growth recorded the fastest pace in over a year, expanding by 4.5% year-on-year in the third quarter […]
Read MoreThailand recently announced it will participate in the Internationally Transferred Mitigation Outcomes (ITMO), a legal agreement between any two countries to market greenhouse gas (GHG) mitigation outcomes. Speaking at the 27th Conference of the Parties (COP27) in Sharm el-Sheikh, Egypt, Varawut Silpa-archa, the Natural Resources and Environment Minister who led Thai delegates to join the event, conveyed […]
Read MoreBanks posted lower non-performing loan (NPL) ratios in the third quarter this year thanks to the economic recovery and appropriate risk management under their debt relief programmes. The commercial banking sector reported an NPL ratio of 2.77%, representing a total of 503 billion baht in the third quarter, down from 2.88% and 530 billion, respectively, in […]
Read MoreTourism operators are closely monitoring Covid flare-ups in many countries as the situation may interrupt travel sentiment during the upcoming high season. Asian countries are facing a surge in several Covid-19 sub-variants, including the new XBC variant in the Philippines and the XBB variant in Singapore, though the latter has recently slowed its spread. Most infections […]
Read MoreCambodia is eyeing a slice of the Indian tourists market that flocks to Thailand. Towards this end, the Indian and Cambodian governments have signed a memorandum of understanding to start direct flights between the two countries. At present, there are no direct air journeys from the sub-continent to Phnom Penh or Siem Reap and wannabe […]
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