Thai government rolls out 4.76-billion-USD stimulus
The government of Thailand has rolled out further stimulus measures intended to inject about 144 billion baht (4.76 billion USD) into the economy to boost full-year economic growth to 2.8 percent.
Thai Finance Minister Uttama Savanayana (Photo: www.bangkokpost.com)
Bangkok (VNA) – The government of Thailand has rolled out furtherstimulus measures intended to inject about 144 billion baht (4.76 billion USD)into the economy to boost full-year economic growth to 2.8 percent.
Local media quoted Thai Finance MinisterUttama Savanayana as saying that the cabinet approved the Finance Ministry’spackage which comprises of three 🌃measures after it was predicted that theglobal economy is likely to remain in a state of flux and exert furtherpressure on Thailand.
The aim is to boost the economy duringthe remainder of this year and the first quarter of next year, Uttama said. He said the Thai government expects themeasures to propel full-year economic growth to 2.8 percent from a projectionof 2.6 percent recently announced by the National Economic and SocialDevelopment Council (NESDC). On November 18, the NESDC reported theeconomy grew 2.4 percent year-on-year in the third quarter, driven mainly byincreases in private and government consumption and investment, slightlyimproving from the 2.3 percent year-on-year in the second quarter but lowerthan the 2.8 percent in the first quarter./.
To both facilitate trade and commerce while preventing license agents improperly exploiting legal loopholes to take advantage of merchants, the Department of Intellectual Property has held talks with the Royal Thai Police on the regulation of intellectual property license representatives to prevent abuses of power.
Thailand’s economic ministers have agreed that fresh economic stimulus measures are vital to help boost full-year economic growth to more than 2.6 percent, according to local media.
Despite the setbacks, the Regional Comprehensive Economic Partnership (RCEP) deal has the potential to dramatically improve economic prospects among its members, said Auramon Supthaweethum, Director-General of the Trade Negotiations Department under the Thai Ministry of Commerce.
Commercial 5G wireless broadband service will be launched at Suvarnabhumi and Don Mueang airports by May 2020 as the first sites for ultra-fast wireless internet adoption in the country.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
Thai Finance Minister Uttama Savanayana (Photo: www.bangkokpost.com) 
