Thailand’s economy is in a "critical situation" that requires urgent stimulus measures, Prommin Lertsuridej, chief of staff to the Prime Minister said on March 4.
Prommin Lertsuridej, chief of staff to the Thai Prime Minister. (Photo: Reuters)
Bangkok (VNA) – Thailand’s economy is in a "critical situation" thatrequires urgent stimulus measures, Prommin Lertsuridej, chief of staff to thePrime Minister said on March 4.
He told reporters that figures show the economy is not in a good shape and thegovernment is doing everything it can, including visa-free tourism, policies toaddress household debt that is at a ratio of 91% of the GDP and support for thecritical agriculture sector.
The government’s annual budget will be approved and may be used next month, hesaid.
Prime Minister Srettha Thavisin’s government is stepping up efforts to recoverthe economy as exports weakened and witnessed slower recovery than otherpartners after the COVID-19 pandemic.
The Thai economy unexpectedly contracted in the fourth quarter of 2023, andpolicymakers have downgraded the growth outlook for this year, adding topressure on the central bank to give in to the prime minister’s near-dailydemands for an interest rate cut./.
The Thai government plans to deploy 30 aircraft nationwide for cloud-seeding operations to induce artificial rain to battle air pollution and ease dry weather conditions in the main crop-growing areas.
Thailand's Prime Minister Srettha Thavisin is eyeing foreign investment in cloud computing with a bigger goal than making Thailand a digital hub, according to Prof. Narumon Pinyosinwat, a Thai trade representative.
Thai Prime Minister Srettha Thavisin unveiled a "Thailand Vision 2030" on March 1, with a commitment to promoting the country into a regional aviation hub by 2030, which can handle more than 150 million international passengers each year.
Thai authorities are preparing to change the surrogacy law to help foreign couples access the service in the country, according to the Department of Health Service Support.
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.
Prommin Lertsuridej, chief of staff to the Thai Prime Minister. (Photo: Reuters) 
