Financial Hub bill set to go before cabinet

Quick Summary:

The Finance Ministry is poised to table the Financial Hub bill for the cabinet's consideration by February next year, with expectations that it will help drive higher domestic investment, according to Deputy Finance Minister Paopoom Rojanasakul.

As for the baht, it must remain at a competitive level compared to the currencies of competitor countries, he said.

The Financial Hub will focus on supporting five financial industries: banking, securities, futures trading, digital assets and insurance.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Business Financial Year Target Drive Paopoom Finance Inflation Cabinet Measures Bill

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 04:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 331 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 24665999

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Official Website: bangkokpost.com

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