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Finance Minister named chairman of 2018 budget act vetting committee

BANGKOK, 10th June 2017  – The 2018 Budget Act Vetting Committee has named Apisak Tantivorawong its chairman. The committee is scheduled to meet on...

Finance minister asserts baht won’t surge to Bt27/US dollar

Thailand’s baht currency will definitely not appreciate to Bt27 against the US dollar, or Thailand will be plunged into a trade deficit and...

Finance Minister confident in BoT mechanism to stabilize Baht, believes US’s...

BANGKOK, 14 September 2012 – Mr. Kittiratt Na-Ranong, the Finance Minister, believes the third round of quantitative easing, or QE3, policy undertaken by...

Finance Minister: Govt to closely monitor fuel price

BANGKOK, 27 March 2012  - Deputy Prime Minister and Finance Minister Kittiratt Na Ranong has stated that the current increase in the global fuel...

Finance Ministry to collect fees from commercial banks at 0.47%

BANGKOK, 14 February 2012  - The Finance Minister has concluded that the government will collect fees from commercial banks and Specialized Financial Institutions...

Finance Ministry expects 2013 budget deficit to ease significantly

BANGKOK, 10 February 2012  - The Finance Minister is hopeful that the government budget in fiscal 2013 will see smaller deficit, while predicting...

Nationwide flooding costs Bt60-90 billion in initial losses

Thailand’s initial losses in nationwide flooding were estimated at Bt60-90 billion or 0.6-0.9 percent of Gross Domestic Product (GDP), according to Finance Minister Teerachai...

Fin Min to set up counters to give advice on informal...

BANGKOK, 9 September 2011  – The Ministry of Finance is planning to open special counters at state-owned banks for giving people advice concerning...

Korn: Balance needed in driving econ forward

Finance Minister Korn Chatikavanij has stressed that balance is needed in driving the economy forward in order to achieve a sustainable growth, as...

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Foreigners living in fear as Thailand’s legal system becomes a weapon

PATTAYA, Thailand - Thailand remains one of the most attractive destinations in Asia for foreign investors, retirees, entrepreneurs and long term residents. In 2025...

Poramet promises festival-driven revival as Pattaya and Jomtien businesses feel tourism slowdown

PATTAYA, Thailand – Poramet Ngampichet and members of the “We Love Pattaya” group visited umbrella and beach chair operators along Jomtien Beach this week,...

Pattaya street food vendor escapes as gas leak engulfs motorcycle cart

PATTAYA, Thailand – Panic erupted in Pattaya on Tuesday morning, May 26, after a gas leak triggered a sudden blaze that engulfed a sidecar...

Motorcycle thief leaves clunker behind after stealing newer ride in Pattaya

PATTAYA, Thailand – A devastated factory worker in Pattaya is pleading for help after a brazen motorcycle thief allegedly abandoned an old bike before...

Empty tables across Thailand as some restaurants edge toward ‘white flag’ moment

PATTAYA, Thailand – A barbecue buffet restaurant in the Rangsit area of Bangkok has struck an emotional chord across social media after revealing that...