Private sector lukewarm on stimulus
The government's latest economic stimulus packages to boost consumer spending during the New Year festive period have drawn mixed reactions from the private sector.
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The government's latest economic stimulus packages to boost consumer spending during the New Year festive period have drawn mixed reactions from the private sector.
Prime Minister Prayut Chan-o-cha on Tuesday confirmed which "New Year gifts", including shopping and tourism stimulus schemes, would be submitted to the cabinet after he returns from an official trip to Europe in Brussels next week.
The Finance Ministry will on Tuesday submit to the cabinet for consideration a series of economic stimulus packages to boost consumer spending during the New Year period, a ministry source said.
BUSINESS: The Thai economy, which is struggling to recover from the impact of the COVID-19 pandemic and the Russia-Ukraine war, likely faces a new slowdown as a global recession is expected next year,
The Thai economy, which is struggling to recover from the impact of the pandemic and the Russia-Ukraine war, likely faces a new slowdown as a global recession is expected next year, says the Federation of Thai Industries (FTI).