The Latest Breaking News from Finance Ministry

During July this year, revenue from import of goods was 48% higher while revenue from domestic transactions (including import of services) was 22 per cent higher than the revenues from these sources during the same month last year. Full story on Dynamite News:

The Finance Ministry on Tuesday said it sees economic growth of 4% next year, and maintained its 2022 growth forecast at 3.5%, underpinned by increased domestic consumption, tourism and exports, despite higher inflation.

The Bangkok Mass Transit Authority (BMTA) has been given the green light to seek loans worth 7.5 billion baht to ensure its liquidity remains at an acceptable level, deputy government spokeswoman Traisuree Taisaranakul says.

The cabinet has approved a public-private partnership deal worth 3.22 billion baht to manage the Map Ta Phut Industrial Port in Rayong province.

The Finance Ministry and the Bank of Thailand are considering looser terms for loan guarantees for the central bank's soft loan scheme, aiming for easier access for small and medium-sized enterprises (SMEs), says a ministry source who requested anonymity.

A select list of stories to read before you start your day

The state-owned Thai Credit Guarantee Corporation (TCG) has requested the Finance Ministry endorse its plan to launch Port Guarantee Scheme 10 (PGS10), with the aim of helping small and medium-sized enterprises (SMEs) access its loan guarantee on a lower cost basis, said TCG president Sittikorn Direksoonthorn.

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.

The Finance Ministry expects the baht's value to rebound in the second half this year, in line with the anticipated narrowing of the current account deficit, says a ministry source who requested anonymity.

The sources said banks were asked to expedite non-performing assets (NPAs) resolution and focus on the recovery of bad loans

The Finance Ministry plans to dust off the land windfall tax law as part of the country's reform of its tax system, says Krisada Chinavicharana, the permanent finance secretary.