Economy
Thailand's central bank on Wednesday decided to maintain its policy interest rate and signaled it would consider adjusting it to normal levels during the next meeting on April 21, if no incident affects the economy.
In a national referendum on Saturday, Icelanders rejected a plan to repay the U.K. and the Netherlands €3.9 billion ($5.3 billion) lost in the collapse of Icesave bank in 2008.
Two German congressmen suggested on Thursday that Greece should raise money from selling some of its uninhabited islands in order to avoid bankruptcy.
Economy first as parliament season begins
China opened its annual parliamentary season yesterday with a call from the Communist leadership to keep up economic growth, maintain social stability and tackle a yawning urban- rural income gap.
Economists Warn New Crisis Looming Over U.S.
Another financial crisis, even worse than the current one, is threatening the United States, according to a new report from a group of leading economists, financiers, and former federal regulators.
Thailand has proposed "Policy Five" to enhance bilateral cooperation and develop an economic corridor between the five northern Malaysian states of the Thai-Malay Peninsula and five southern provinces of Thailand.
China's huge bubble to burst soon?
According to Marc Faber, publisher of the Gloom, Boom & Doom Report, the Chinese economy might crash in 2010.
Economic activities survey underway
About 21,000 establishments from various sectors have been selected to provide up-to-date statistical data to evaluate their contribution to Hong Kong's Gross Domestic Product and ascertain their cost structure, operating characteristics and outpu...
Thai Finance Minister: Stimulus measures to stay up to 2 years
Stimulus measures will remain in place over the next one to two years, Finance Minister Korn Chatikavanij said yesterday, adding that his ministry was assessing how long Thailand could support budget deficits as a result of fiscal injections.
Exim Bank Thailand fears double-dip recession
Thai exports could come under pressure later this year if the global economy suffers a new downturn, warns Exim Bank president Apichai Boontherawara.
Thailand not quitting Bt1.43-trillion stimulus package soon -Finance Minister
Finance Minister Korn Chatikavanij yesterday said overall planned investment under the Thai Khemkhaeng stimulus package remained at Bt1.43 trillion, but borrowing may not hit Bt800 billion as previously anticipated due to higher-than-expected gove...
Thai PM planning to withdraw B800bn stimulus package
The government is planning to withdraw its debt-funded stimulus package, Prime Minister Abhisit Vejjajiva says. But he added his administration is working on plans to improve infrastructure to support economic development.
House Faces Tough Vote on $1.9 Trillion More Debt
WASHINGTON - Democratic leaders in the House of Representatives are counting on new budget deficit curbs to help smooth the way for a bill allowing the government to go $1.9 trillion deeper into debt over the next year -- or about $6,000 more for ...
Thai ministries urged to speed up spending
Finance Minister Korn Chatikavanij has asked all ministries to speed up their budgeted spending, as the government intends to disburse 350 billion baht from its Thai Khem Khaeng economic stimulus fund this year.
Obama Sends Congress $3.8 Trillion Budget, Soaring Deficits Projected
Republicans on Monday slammed President Obama's $3.8 trillion budget as a fiscally irresponsible spending spree, casting doubt on the administration's claim that the budget reflects cutbacks and hard choices.
Thailand May Exit Accommodative Policy This Year, Bank of Thailand Governor Says
The Bank of Thailand said it may start pulling back monetary stimulus this year as the region leads the world in both economic recovery and withdrawing measures introduced to counter the global slump.
PM: Thailand will host World Economic Forum East Asia in 2011
Thai Prime Minister Abhisit Vejjajiva said Sunday that Bangkok will host the World Economic Forum (WEF) East Asia in 2011 in part due to the confidence that foreign governments and international business leaders gave him for his performance as cha...
The Thai economy enjoyed a continued recovery in December 2009 as witnessed by a marked improvement in state and private spending, farmer incomes, tourism revenue, and exports, according to the Bank of Thailand (BoT).
Mayor Bloomberg's Budget Plan Aims to Close $4.9 Billion Gap
New York Mayor Michael Bloomberg announced a 2011 preliminary budget plan that seeks to close a $4.9 billion deficit, saying the plan would avoid tax increases and lower spending by $1.6 billion.
US Senate agrees to record increase in debt limit to $14.3 trillion
The Senate agreed Thursday to raise the legal limit on government borrowing to $14.3 trillion, a historic high that would permit the Treasury Department to cover the nation's bills through early next year.