The Thai government is working on a raft of fresh fiscal measures to sustain an economic recovery, foster new foreign investment and lower the near-record household debt, Thai Prime Minister Paetongtarn Shinawatra's top aide has said. Thai Prime Minister Paetongtarn Shinawatra's top aide Prommin Lertsuridej. (Photo: bangkokpost.com)Bangkok (VNA) – The Thai government is working on a raft of fresh fiscal measures to sustain an economic recovery, foster new foreign investment and lower the near-record household debt, Thai Prime Minister Paetongtarn Shinawatra's top aide has said. Easier rules for long-term land leasing and credit restructuring led by government banks are also on the anvil, he said. The new wave of investment is not only from the US firms, but Chinese companies like Huawei Technologies Company are also investing, Prommin said.

Source: Bangkok Post November 19, 2024 19:57 UTC