Showing 1-7 of 7 results
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ADB sees 3.2% GDP lift
Business, Somruedi Banchongduang, Published on 28/09/2016
» Asian Development Bank (ADB) is the latest institution to raise Thailand's economic growth forecast to 3.2% this year, following stronger-than-expected growth in the first half.
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Businesses urged to hedge baht in face of volatility
Business, Somruedi Banchongduang, Published on 06/09/2016
» Business leaders have expressed concerns that the rapidly appreciating baht could dampen exports and suggest business operators hedge foreign exchange risks.
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StanChart: Opportunity abounds in South Asia
Business, Somruedi Banchongduang, Published on 20/07/2016
» Thai medium-sized companies are keen to look for business opportunities in high-growth South Asia, where domestic demand remains strong, labour costs are low and infrastructure projects are springing up, says an executive at Standard Chartered Bank (Thai).
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SCB's rich clients bullish on major pound rebound
Business, Somruedi Banchongduang, Published on 05/07/2016
» Following the British pound's retreat triggered by anxiety over Britain's vote to leave the EU, demand from high-net-worth customers at Siam Commercial Bank (SCB) for dual currency deposits has jumped significantly as they bet on a pound recovery.
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Currency hedging all the rage
Business, Somruedi Banchongduang, Published on 06/07/2016
» Demand for foreign currency hedging is increasing, in particular for the US dollar and Japanese yen thanks to their rising strength, after Britain's vote to leave the EU, says a high-ranking executive at Bank of Ayudhya (BAY).
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K-Research: Brexit jolt light
Business, Somruedi Banchongduang, Published on 30/06/2016
» Britain's departure from the EU is expected to shave a mere 0.07 percentage points off Thai economic growth this year in the base-case scenario, says Kasikorn Research Center (K-Research).
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KBank predicts weaker baht
Business, Somruedi Banchongduang, Published on 15/06/2016
» Kasikornbank forecasts the baht will weaken to 37 to the US dollar by year-end on the back of the looming Federal Reserve interest rate increase and concerns that Britain will leave the EU.
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