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Thailand launches first stage of its USD 14 billion stimulus plan
WEB18 hours ago · A A. The Thai government has announced a USD 14 billion stimulus plan to boost the country’s economy. The plan is being implemented in phases, with the first phase already underway. The plan is set to enable 45 million individuals to each receive 10,000 baht, which is anticipated to boost economic activity.
Thai Chamber Predicts GDP Growth Surge from Digital Cash …
WEB5 hours ago · Dr. Thanavath predicts that the stimulus will contribute to GDP growth of 3.8-4.3% in Q4, leading to an overall growth of 2.6-2.8% for the year, exceeding previous projections. He also urged the government to track indicators like fuel consumption, hotel occupancy, and VAT collections to assess the policy’s success.
Thailand's Ministry of Finance expects 3.5 to 4.5% economic …
WEBDec 3, 2021 · BANGKOK (NNT) – The Ministry of Finance is now projecting an economic rebound to 4.5% growth next year, with government investments serving as key drivers. The Minister of Finance says the government will focus more on inclusive growth next year, with no sectors left behind. Minister of Finance Arkhom Termpittayapaisith has outlined the ...
Strong Baht Challenges Thailand’s Budget-Friendly Appeal
WEB18 hours ago · The Thai baht has recently appreciated, increasing the cost of traveling to Thailand for visitors due to less favorable exchange rates. This rise in value is linked to the US Federal Reserve’s decision to reduce interest rates. On September 23, 2024, the baht opened at 32.92 per US dollar, making currency exchange more costly for travelers.
Thailand BOI reports 43% Investment surge Driven by Large FDI …
WEBFeb 10, 2024 · Thailand’s investment applications surged by 43% in 2023, reaching a five-year high of USD 24 billion, driven by large foreign investments in priority sectors and the relocation trend in key industrial sectors. Foreign Direct Investment (FDI) in Thailand soared by 72% in 2023, with significant contributions from countries like China ...
Stock Exchange of Thailand releases new plan to attract more …
WEBJun 8, 2024 · A A. The Stock Exchange of Thailand (SET) has unveiled a new strategic plan targeting foreign enterprises operating in Thailand and family-owned businesses. SET’s Strategic Plan The Stock Exchange of Thailand (SET) has unveiled a new strategic plan for 2023-2025, aiming to boost the Thai capital market by attracting foreign industries, family ...
Thailand Attracts more Foreign Investors
WEBNov 2, 2023 · Foreign investment in Thailand has seen a significant increase in the first nine months of 2023, surpassing 84 billion baht. According to a report released by Deputy Minister of Commerce, Napintorn Srisanpang, the number of foreign investors has risen by 13% to 493, with 166 investors coming through business license channels and 327 through ...
FDI Drive Thailand’s Investment Up 59% says BOI
WEBMar 5, 2022 · The Thailand Board of Investment (BOI) announced that the combined value of foreign and local applications for investment promotion in 2021 totaled 642.7 billion baht (ca. US$19.5 billion), an increase of 59%, boosted mainly by foreign direct investments (FDI) in tech sectors and a continued increase in the value and number of projects in Bio-Circular-Green (BCG) industries, as well as the ...
Thailand’s Vision as a Regional Economic Hub
WEBOct 15, 2023 · Prime Minister and Minister of Finance Srettha Thavisin has expressed his commitment to drive Thailand forward as a regional economic hub, despite global challenges. Speaking at the Bangkok Post Forum 2023, the Prime Minister outlined his hope to steer the country away from difficult times and embrace new challenges in becoming a regional ...