Bangkok (VNA) – Thailand's House of Representatives on September 5 approved a 3.75-trillion-THB (111 billion Uᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚSD) budget bill for fiscal year 2025.
After a three-day debate, the 500-member lower house of the Thai parliament passed the bill with 309 votes in favour, 155 against and four abstentions. The bill will be applied for the fiscal year starting October this year.
It proposes a 4.2% rise in government spending from the revised outlay for the current fiscal year. The figure will allow new Thai Prime Minister Paetongtarn Shinawatra to increase state spending to boost the nascent economic recovery.
The budget proposal includes a deficit financing of 866 billion THB, equivalent to 4.5% of gross domestic product (GDP), based on a growth forecast of 2.8-3.8% next year. The Thai government forecast overall inflation in the range of 1.1-2.1%, with current account surplus estimated at 1.6% of GDP.
The bill is scheduled for Senate consideration next week and requires royal endorsement before taking effect.
The budget - equivalent to about a fifth of Thailand's 500-billion-USD economy - includes partial funding for the coalition government's controversial 14 billion USD cash handout programme to boost consumption and production.
PM Paetongtarn is facing challenges to revive the Thai economy, which is being held back by near-record household debt, sluggish exports and a manufacturing sector weakened by cheap imports, mainly from China./.
Thailand’s domestic sugar supply is sufficient to meet demand in the industrial and household sectors this year, with total consumption at 1.27 million tonnes in the first half, according to the country’s Office of the Cane and Sugar Board (OCSB).
Caretaker Deputy Minister of Transport Manaporn Charoensri of Thailand has announced that a new cruise terminal in Koh Samui will open in 2032 as part of efforts to boost tourism in Surat Thani province.
Thailand is intensifying efforts to monitor all individuals infected with mpox and their close contacts, ensuring that they are under strict surveillance so as to prevent further spread of the disease, the country's health officials said on August 29.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
