Thai Budget Bill, Spending to Proceed as Planned, Minister Says
The government is set to inject an additional 48 billion baht ($1.5 billion) into the economy over the remaining three months of the current fiscal year, Pichai told Bloomberg News in an interview late Sunday. The $115 billion budget bill for the fiscal year beginning Oct. 1 is on track to be passed by parliament by the end of August, he said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
26 minutes ago
- Bloomberg
Thai Consumer Prices Fall Most in 17 Months Before Rate Meeting
Thailand's consumer price index fell the most since early 2024 as energy costs remained subdued and utility tariffs dropped, providing the central bank more room to weigh monetary easing at its meeting next week. The consumer price index fell 0.7% in July year-on-year, steeper than the median estimate for a 0.4% drop, according to data released by the Commerce Ministry on Tuesday. The decline marked the fourth straight month of deflation, and the steepest contraction since February 2024.
Bloomberg
an hour ago
- Bloomberg
Philippines, World's Top Rice Buyer, Halts Imports for 60 Days
The Philippines will suspend rice imports for 60 days from Sept. 1 to help local farmers, a move that could further pressure global prices as the top buyer of the grain pulls back from the market. President Ferdinand Marcos Jr. issued the order to protect farmers reeling from low paddy rice prices during the harvest currently underway, Presidential Communications Office Secretary Dave Gomez said in a statement on Wednesday.
Washington Post
an hour ago
- Washington Post
Texas redistricting crisis has foreign echoes — and foreign solutions
The fight in Texas marks the latest crisis in U.S. democracy. The state's ruling Republicans intend to redraw the Texas congressional map along lines that could confer five additional seats to Republicans, a shift in the national political landscape that could be key to President Donald Trump's party holding a majority in the House after the 2026 midterm elections. More than 50 Texas Democrats — who see the planned gerrymandering as a naked power grab — fled the state to deny Texas Republicans the legislative quorum needed to push through the changes.
