The government expects public investment spending of more than 400 billion baht in the second quarter to help the flagging economy weather the impact of the coronavirus outbreak, Finance Minister Uttama Savanayana said on Thursday. Even before the epidemic that originated in China, the trade-reliant economy has been under pressure, buffeted by the Sino-US trade war, sluggish investment, a delayed …

The army has struck a deal with the Finance Ministry’s Treasury Department on the management of its commercial welfare projects and its commercial use of state land to ensure transparency and regulation compliance. The memorandum of understanding (MoU) signed on Monday will pave the way for the transfer of state land and commercial businesses to the Finance Ministry and allow most …