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The Latest Breaking News from FPO

Far-right lawmakers walk out of Zelenskiy speech to Austrian parliament

Lawmakers from the pro-Russia, far-right Freedom Party walked out of the lower house of Austria's parliament on Thursday during a speech by Ukrainian President Volodymyr Zelenskiy, protesting that it violated Austria's neutrality.

Reuters

New tax reduction for land and buildings comes into effect

A 15% reduction in the land and building tax has taken effect, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.

Bangkok Post

Illicit bank accounts face legal crackdown

The Finance Ministry has instructed the Fiscal Policy Office (FPO) to find ways to tackle fraudsters' use of nominees to open bank accounts, says the ministry's permanent secretary Krisada Chinavicharana.

Bangkok Post

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FPO maintains Thai GDP growth forecast

The Fiscal Policy Office (FPO) has maintained its Thai economic growth forecast this year at 3.8%, in line with the continued rebound of the tourism sector and declining inflation.

Bangkok Post

Adani vs Hindenburg is front-page news, but what about Adani-owned media houses?

If you’ve invested in a company associated with the Adani group, you’re probably watching the stock market like a hawk. For the second day running, share prices of nine listed companies of the group have tanked, with the group losing nearly Rs 4 lakh crore in market capitalisation.

Newslaundry

Adani now plans to enter water segment; FPO opens January 27

MUMBAI: Adani Enterprises, which is launching India Inc's second-largest follow-on public offer worth Rs 20,000 crore next week, on Thursday said it is planning to enter the water segment as this is a key element of its core business of infrastructure.

The Times of India

FPO describes country's economy as being 'in good shape'

The Thai economy has stabilised, with inflationary pressures subsiding and public debt still below 70% of the country's GDP, according to the Fiscal Policy Office (FPO).

Bangkok Post

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State revenue exceeds goal by B130bn

The government's net revenue in fiscal 2022 hit 2.53 trillion baht, exceeding its target by 130 billion baht, or 5.4%, said Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.

Bangkok Post

Office nudges down growth forecast this year

The Fiscal Policy Office (FPO) has downgraded its 2022 Thai economic growth forecast to 3.4% from the 3.5% projection it made in July.

Bangkok Post

Ministry eyes steps to spur spending

The Finance Ministry is considering new measures to encourage spending in a bid to maintain the Thai economic recovery, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO).

Bangkok Post

Austrian president seeks re-election by first-round knock-out

Candidates in Austria's presidential election began wrapping up their campaigns on Friday ahead of Sunday's vote in which the incumbent and clear favourite, Alexander Van der Bellen, hopes he can secure a majority to avoid a run-off.

Reuters

FPO: Unnecessary waivers, deductions need scrapping

The Fiscal Policy Office (FPO) is to ask the Finance Ministry to consider winding down unnecessary measures related to tax waivers and tax deductions, in the wake of a decline in net government revenue as a proportion of GDP, says a ministry source who requested anonymity.

Bangkok Post

Farm income drives domestic consumption

Higher income for farmers in the first eight months of this year is one of the key factors contributing to the growth in domestic consumption, according to the Fiscal Policy Office (FPO).

Bangkok Post

Geopolitical strife threatens recovery

Thailand's economy has recovered after the country's reopening but geopolitical conflict remains a threat, according to a senior official at the Fiscal Policy Office (FPO).

Bangkok Post

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Bangkok Post

Consumer sentiment improving

Consumer confidence picked up for the second straight month in July, boosted by improved business activities following the continued easing of Covid-19 control measures.

Bangkok Post

FPO maintains 2022 growth forecast at 3.5%

The Fiscal Policy Office (FPO) has kept its forecast for economic growth this year at an average of 3.5%, underpinned by a recovery in both the tourism sector and domestic consumption, according to the office's director-general Pornchai Thiraveja.

Bangkok Post

Exports, tourism help fire up expansion in April

The growth of exports, tourism and the agricultural sector supported the country's economic expansion in April, according to the Fiscal Policy Office (FPO).

Bangkok Post

State enterprises disburse almost B100bn

State enterprises disbursed an investment budget of almost 100 billion baht from October 2021 to April 2022, representing 29% of the total investment budget, according to State Enterprise Policy Office director-general Pantip Sripimol.

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Bangkok Post

FPO on a mission to tackle high debt, limit borrowing

The Fiscal Policy Office (FPO) plans to discourage financial institutions from enticing consumers to unnecessarily create more debt as part of its efforts to curb high household debt levels over the long term.

Bangkok Post

FPO slashes growth on energy outlook

The Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja.

Bangkok Post

FPO predicts minimum growth of 3%

Fiscal Policy Office (FPO) director-general Pornchai Thiraveja believes the Thai economy will grow by a minimum of 3% this year despite soaring domestic energy and product prices caused by the Russia-Ukraine war.

Bangkok Post

Feathering the nest egg

The Fiscal Policy Office (FPO) will continue to push for a national pension fund law to ensure employees in the formal system have sufficient savings for retirement, says director-general Pornchai Thiraveja.

The Hindu

Aadarana Millet FPO attracts visitors at Dubai Expo

Besides showcasing several varieties, it highlighted the importance of millets in addressing climate change

The Hindu

Anantapur-based FPO among six organisations representing country at Dubai Expo

‘We will explain methodology followed by farmers in growing millets organically in district’

Bangkok Post

Stimulus scheme tipped to pump in B396bn

The four phases of the government's "Khon La Khrueng" co-payment subsidy scheme are expected to inject almost 400 billion baht into the economy, according to Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.

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