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Showing 1-8 of 8 results
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CIMBT projects 1% dip in exports next year
Business, Somruedi Banchongduang, Published on 07/12/2022
» CIMB Thai Bank (CIMBT) predicts exports will contract 1% next year, suffering from a global slowdown and fears of a recession in key global economies.
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Financial system increasingly vulnerable
Business, Somruedi Banchongduang, Published on 20/05/2021
» The Thai financial system has become more vulnerable due to negative shocks from the recent Covid-19 outbreak, says the Bank of Thailand (BoT).
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BoT rules out IMF help, cites fundamentals
Business, Somruedi Banchongduang, Published on 21/07/2020
» Thailand does not need financial assistance from the IMF during the pandemic because of the country's strong economic fundamentals and the financial sector, says the Bank of Thailand.
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TMB cites triple whammy to GDP
Business, Somruedi Banchongduang, Published on 06/02/2020
» The coronavirus epidemic, the delayed fiscal budget and the ongoing drought are estimated to shave nearly 280 billion baht off GDP, taking economic growth down to a range of 1.7-2.1%, according to TMB Analytics.
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World Bank cites risks to outlook
Business, Somruedi Banchongduang, Published on 09/07/2019
» Political uncertainty is a major risk sapping investor and consumer confidence and clouding the country's economic outlook, the World Bank says.
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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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BAY set to double branches
Business, Somruedi Banchongduang, Published on 22/08/2016
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, plans to nearly double its number of branches to 800 by 2018, defying the rising industry trend of downsizing outlets.
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SCB bucks trend, sees uptick in car loans
Business, Somruedi Banchongduang, Published on 27/07/2015
» Siam Commercial Bank (SCB) has set an aggressive new car loan growth target of 43% this year, although domestic car sales remain in the doldrums and are likely to contract for a third straight year.
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