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Oil fund deficit headed towards THB100 billion amid high global price
THURSDAY, FEBRUARY 15, 2024
The Oil Fuel Fund would see its accumulated deficit reach 100 billion baht by April due to high fuel prices and volatile geopolitical risks, an informed source at the Energy Ministry said on Thursday.
Thailand records a tourism deficit with Japan for the first time
WEDNESDAY, JANUARY 24, 2024
In a historic first, Thailand recorded a tourism deficit with Japan in the first six months of 2023. According to the Tourism Authority of Thailand (TAT), 1 million Thais visited Japan in the first half of the year, while only 300,000 Japanese came to Thailand.
Thailand to pursue FTA with China despite nearly US$30 bn deficit
WEDNESDAY, JANUARY 03, 2024
Thailand and China plan to resume bilateral free trade agreement (FTA) negotiations this year despite Thailand’s mounting trade deficit with China of nearly US$30 billion.
Thai exports drop again in Jan as trade pain forecast for first half of year
THURSDAY, MARCH 02, 2023
Thailand's exports dropped for the fourth month in a row in January amid the global slowdown, the Commerce Ministry said on Thursday.
Cabinet gives the nod to 3.35 trillion baht budget for next fiscal year
TUESDAY, JANUARY 10, 2023
The Cabinet on Tuesday approved a budget of 3.35 trillion baht for fiscal year 2024, with a deficit of 593 billion baht.
Thailand records deficit of over THB600 billion in 9 months
THURSDAY, OCTOBER 27, 2022
Thailand faced a deficit of more than 600 billion baht from January to September this year due to the impact of rising fuel prices on import costs, the Commerce Ministry reported on Thursday.
Thailand’s exports in September grow 7.8 per cent but higher import bill widens trade deficit
WEDNESDAY, OCTOBER 26, 2022
Thailand’s exports expanded by 7.8 per cent year on year in September with a total value of US$24.919 billion, Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said on Wednesday.
Diesel price may hit THB38/litre as Oil Fund drying up
TUESDAY, JUNE 14, 2022
The price of diesel may hit 38 baht per litre now that the Oil Fuel Fund’s deficit is getting wider, an official said Tuesday.
Retail diesel price set for another hike as oil fund deficit soars
WEDNESDAY, MAY 04, 2022
The Fuel Fund Executive Committee is expected to increase retail diesel price by one or two baht next week as the fund’s deficit has soared to over THB60 billion, a well-informed source said.
Gov’t reaches Bt349 bn fiscal deficit for 11 months
WEDNESDAY, SEPTEMBER 18, 2019
The government has accumulated a Bt348.97 billion fiscal balance deficit for the first 11 months of the fiscal year 2019 (October 2018 to August 2019), the Fiscal Policy Office and Ministry of Finance report.
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