Showing 1-10 of 129 results
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Reopening hinges on jab strategies
Business, Pathom Sangwongwanich, Published on 09/03/2021
» Vaccination will have a profound impact on Thailand's tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research).
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Ambiguous growth drivers cloud outlook
Business, Pathom Sangwongwanich, Published on 19/02/2021
» Thailand's economic outlook in the post-Covid-19 period remains vague because of ambiguous growth drivers, with tourism's contribution to GDP unlikely to reach 30% as planned, says a veteran economist.
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MPC wary of tourist dearth
Business, Pathom Sangwongwanich, Published on 18/02/2021
» The lack of foreign tourist arrivals presents a major risk to Thailand's medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand.
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Fitch sees 'very dim' path for GDP growth
Business, Pathom Sangwongwanich, Published on 20/01/2021
» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.
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MPC: Growth may fall below forecast
Business, Pathom Sangwongwanich, Published on 07/01/2021
» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.
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Thai Union sees third-quarter profit rise by 50%
Business, Pathom Sangwongwanich, Published on 05/11/2020
» SET-listed Thai Union Group Plc (TU) saw its third-quarter net profit rising by 50% year-on-year, a quarterly record, due to strong sales growth and reduced losses in Red Lobster Seafood Co, the company's restaurant arm.
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Central bank says revised LTV rules will stay put
Business, Pathom Sangwongwanich, Published on 11/09/2020
» The revised loan-to-value (LTV) regulations will remain in place to curb risks accumulating in the property sector, says the Bank of Thailand.
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SET extends losses as virus fears batter sentiment
Pathom Sangwongwanich, Published on 12/03/2020
» Share prices dived on the Thai stock exchange on Thursday morning after the World Health Orghanization declared a global Covid-19 pandemic and the US banned the entry of travellers from mainland Europe.
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Bank of Thailand: More than one solution
Business, Pathom Sangwongwanich, Published on 03/03/2020
» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.
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TU sees 2019 net profit rise by 0.5% year-on-year
Business, Pathom Sangwongwanich, Published on 18/02/2020
» SET-listed Thai Union Group Plc (TU), a global seafood conglomerate, saw its 2019 net profit rise by a mere 0.5% year-on-year amid a challenging sales environment and a one-time impairment expense.
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