Government

Budget

Vietnam to invest $1.8bn in Mekong seafood development

The Vietnamese province of Kien Giang intends to invest VND 43 trillion ($1.85 billion) in boosting seafood production in the Mekong Delta region, reports Vietnam Plus, citing the provincial department of agriculture and rural development. It wants to transform inefficient rice fields to the model of rice-shrimp production. Kien ...

Undercurrent News

B3,000 cash handout develops

The Finance Ministry is finalising details of the 3,000-baht cash handout scheme, with initial daily spending disbursed through an e-wallet application and a cap of 100 baht. Details are expected to be finalised by the Fiscal Policy Office before submission to the Center for Economic Situation ...

Post Reporter

October registration set for new Thailand 3,000 baht subsidy campaign for 15 million applicants

A new subsidy campaign has been launched by the government, allowing registered persons to receive a subsidy granting half the price of any of their purchases at participating stores with a cap of 3,000 baht per person throughout the campaign. Registration is set to open ...

Pattaya Mail

B1bn set aside to beat Covid

The cabinet on Tuesday approved a budget of one billion baht to support the development and manufacture of Covid-19 vaccines. The money will be used by the National Vaccine Institute and other related agencies to domestically produce vaccines that can tackle the virus as well as ...

MONGKOL BANGPRAPA

Laos faces serious budget deficit

An elevated fiscal deficit will result in growing public debt, which will ramp up pressure on Laos’ debt servicing capacity amid the COVID-19 crisis, the Vientiane Times reported on August 21. The Lao Government has estimated that the budget deficit will rise from 6.69 trillion kip (700 million USD) , ...

VNA

Public debt of Laos set to increase due to pandemic effect

The public debt of Laos may increase to as much as 65 to 68 per cent of GDP in 2020 following a sharp fall in national revenue collection alongside an increase in loans due to the Covid-19 (coronavirus) pandemic, according to a government official. Revenue collection ...

Mekong Delta province unveils $820-mln plan to combat climate change

Ca Mau Province has presented a master plan to fight climate change impacts in the next decade that will cost an estimated VND19 trillion ($820 million). Vietnam’s southernmost province has come up with the plan for execution in 2020-30 that seeks to prevent natural disasters brought ...

Minh Minh

B1.4bn loan for Myanmar power grids

A concessional loan worth 1.45 billion baht to help Myanmar improve its electricity system has been approved by the government, according to an official. Rachada Dhnadirek, deputy government spokeswoman, on Tuesday said the loan is part of an initiative to strengthen ties with neighbouring countries. The Neighbouring ...

MONGKOL BANGPRAPA

NGO calls for climate budget transparency

NGO Forum on Cambodia issued a report on Wednesday which said that from 2000 to 2017, some one million houses were seriously affected by climate change disasters. Yet, government spending on the issue remained relatively limited. The report is said to be the first in Cambodia ...

Khorn Savi

What Thais want to see in 2020 Budget

In a few months’ time, the current Thai government’s position could be hanging in the balance. This is thanks to the country’s 3.2-trillion-baht (US$105.6 billion) fiscal 2020 budget which will have its third reading on 9 January next year.  The 2020 fiscal year began on 1 ...

Sheith Khidhir

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