Showing 1-10 of 20 results
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Baht dips on US inflation figures
Business, Published on 15/02/2024
» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.
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Exporters to Bank of Thailand: Stop the rising baht
Jon Fernquest, Published on 05/02/2013
» Baht 29.75 against US dollar means more dollars for baht, more valuable baht, more expensive & less competitive Thai exports.
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Global slowdown threatens Thai growth
Business, Nareerat Wiriyapong, Published on 06/12/2023
» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.
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Gold stays buoyant as Asian bourses rally
Business, Nareerat Wiriyapong, Published on 09/05/2023
» Gold prices bounced back and managed to stay buoyant on Monday as Asian stocks advanced while investors awaited key US inflation data due later this week that could influence the Federal Reserve's (Fed) monetary policy stance.
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Inflation up 2.83% in March, slowest pace in 15 months
Reuters, Published on 05/04/2023
» Thailand's headline consumer price index (CPI) rose a less than forecast 2.83% in March from a year earlier, the slowest pace in 15 months due to lower energy and food prices, the Commerce Ministry said on Wednesday.
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Temple corruption erodes public faith
Oped, Published on 28/04/2021
» As corruption soars in predominantly Buddhist Thailand, its temples are also facing a serious erosion of public faith due to rife corruption in the closed, non-transparent clergy.
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Anti-Corruption and Misconduct Action Plan Phase 1 (2020-2022) – Part 2 –
Published on 31/05/2021
» As discussed in Part 1, the Anti-Corruption and Misconduct Action Plan (AMAP), Phase 1 (2020-2022), comprising the three-level plans under the “guidelines on the plan proposal for the consideration of the Cabinet” pursuant to the Cabinet Resolution on 4 December 2017, aims to create a tool for relevant agencies to transform the development guidelines of the Masterplan for National Strategy on Anti-Corruption and Misconduct Issues into action.
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Stocks trade in narrow range as investors comb us data
Business, Published on 07/08/2017
» Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.
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Equity rally pauses as investors contemplate Fed
Business, Published on 06/03/2017
» Recap: Equity markets jumped last week in the US and are up 10% since the presidential election in November, as consumer confidence hit a 15-year high, further supporting the case for higher interest rates when the US Federal Reserve meets on March 14-15.
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Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
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