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Call for investment stimulus to boost GDP

Bangkok Post LogoBangkok Post4d ago

Call for investment stimulus to boost GDP - Bangkok Post

Quick Summary:

The Thai government is being urged to introduce an investment stimulus package in the second half of this year to boost the economy and mitigate the impact of US trade countermeasures.

The government is also advised to boost private sector investment by: enhancing investor confidence; accelerating public investment disbursement; addressing household debt, which currently stands at 89% of GDP; and enhancing the tourism sector by tackling PM 2.5 pollution and ensuring visitors' safety and security.

The surge in private investment is attributed to a record-high number of Board of Investment (BoI) applications, totalling 3,137 projects in 2024 -- a 40.4% increase from the previous year -- representing an investment value of 1.14 trillion baht (up 34.5%).


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 05:38:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1044 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 26236118

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 8 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 8 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

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The story "Call for investment stimulus to boost GDP" was covered 4 days ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post is a fully independent (privately-owned) news outlet established in 1946 that covers mostly economy and business news.

The outlet is headquartered in Thailand and publishes an average of 8 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26236118
  • URL: https://beamstart.com/news/call-for-investment-stimulus-to-17398360951038

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