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The Latest Breaking News from Arkhom Termpittayapaisith

Motion to extend property support measures

Finance Minister Arkhom Termpittayapaisith has signalled the possible extension of the property support measures to help spur the recovery of the sector.

Bangkok Post

State backs makers of devices for elderly

The Finance Ministry is seeking ways to reduce the production cost for local manufacturers of medical equipment and devices for the elderly, says Minister Arkhom Termpittayapaisith.

Bangkok Post

Weak baht 'driven by external factors'

Thailand's weakening baht is being driven down by external factors and the central bank is closely monitoring the situation, Finance minister Arkhom Termpittayapaisith said, with the currency trading at its weakest level in more than five years against the dollar.

Bangkok Post

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Arkhom: Property perks to be extended

The government plans to extend property support measures to help spur the recovery of the industry and the overall economy, Finance Minister Arkhom Termpittayapaisith said on Friday.

Bangkok Post

Thai economy seen growing 3.5% on tourism, exports

The Thai economy is expected to grow about 3.5% this year, driven by stronger tourism and exports, Finance Minister Arkhom Termpittayapaisith said on Tuesday.

Bangkok Post

Arkhom recommends gradual rate hikes

Finance Minister Arkhom Termpittayapaisith asked the Bank of Thailand to discuss with commercial banks whether they can raise their interest rates on a gradual basis in the event the central bank decides to raise its policy rate.

Bangkok Post

Bank of Thailand asked to ease impact of any rate hike: Arkhom

The finance minister said on Tuesday he had asked the central bank to minimise the impact of any interest rate hike, ensure enough liquidity in the banking system and maintain a stable baht currency.

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Finance Ministry promises share sales tax soon

The Finance Ministry plans to propose to the cabinet the implementation of a financial transaction tax on individual stock investors soon, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

Japan agrees B13bn loan

The Royal Gazette has published the Finance Ministry's announcement involving a loan agreement worth 50 billion yen (13.2 billion baht) with the Japan International Cooperation Agency (Jica) to bolster the nation's Covid-19 emergency response.

Bangkok Post

Exim Bank allots B5bn for SME loans

Export-Import Bank of Thailand (Exim Bank) has set aside 5 billion baht for soft loans to help small and medium-sized enterprises (SMEs) export their products, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

Fiscal, monetary policy must align to ensure full recovery: Arkhom

Thailand's fiscal and monetary policies must continue to align to ensure the economy will recover fully, the finance minister said on Monday.

Bangkok Post

Govt to meet revenue collection target this year and next: Arkhom

The government is expected to meet its revenue collection targets for the 2022 and 2023 fiscal years, helped by increased exports and a recovery in tourism, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

Bangkok Post

Ministry to mull delay of land and building tax collection

The Finance Ministry is considering the private sector's proposal to delay and reduce collection of the land and building tax because businesses are struggling with the double whammy of the impact of the pandemic and the Russia-Ukraine war, says minister Arkhom Termpittayapaisith.

Bangkok Post

Finance Ministry delays stock transaction tax

The Finance Ministry will postpone enacting a financial transaction tax on individual stock investors this year until economic conditions are more favourable, says Finance Minister Arkhom Termpittayapaisith.

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Inflation still low 'compared with others': Arkhom

Thailand's inflation is still relatively low and manageable as the economy recovers gradually and more foreign tourists return, the finance minister said on Tuesday.

Bangkok Post

Shift in economic structure urged

Thailand's economic recovery is relatively slower than that of its Asean peers because the domestic economic structure in the country is reliant on conventional industries.

Bangkok Post

Private sector applauds decreasing excise levy

The business sector has welcomed the government's latest decision to cut the diesel excise tax by 5 baht per litre for two months, claiming if diesel prices were left unharnessed, it would add to people's hardships and negatively affect the country's exports.

Bangkok Post

Arkhom says growth outlook good despite agency's downgrade

The Finance Minister said on Tuesday that the outlook for the economy this year was still good, despite the state planning agency's downgrade in its growth forecast, and he wanted to see a policy rate that still supports the recovery.

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Bangkok Post

Equities steady after a week of inflation-fed worries

Recap: Global stocks regained some ground on Friday after a turbulent week triggered by concerns over surging inflation, aggressive rate hikes and slowing economies.

Bangkok Post

It's a slow recovery ahead

Thailand's economy is showing signs of improvement this year with predicted slow yet sustainable growth if all involved pitch in to help, Finance Minister Arkhom Termpittayapaisith says.

Bangkok Post

Economic recovery hampered by lagging tourism - Arkhom

Thailand's economic recovery is being supported by stronger exports, but the pace will be affected by only a gradual recovery in the number of foreign tourists, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

Bangkok Post

Arkhom pushes digital to hit revenue goal

Finance Minister Arkhom Termpittayapaisith is confident the government will meet its revenue target of 2.4 trillion baht in fiscal 2022.

Bangkok Post

Govt accepts Japan loan of B13.2bn

Finance Minister Arkhom Termpittayapaisith has signed a loan agreement worth 50 billion yen (13.2 billion baht) with the Japan International Cooperation Agency to bolster the nation's Covid-19 emergency response.

Bangkok Post

Panel to mull perks for EV batteries

The National Electric Vehicle Policy Committee will consider promotion measures for the production of electric vehicle (EV) batteries in Thailand, says Excise Department director-general Lavaron Sangsnit.

Bangkok Post

Weak baht good for exports, economy, says finance minister

Thailand's weak baht is good for exports and the overall economy, Finance Minister Arkhom Termpittayapaisith said on Friday.

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