Showing 1 - 10 of 158
SCB raises growth forecast
Business, Pathom Sangwongwanich, Published on 03/05/2013
» Siam Commercial Bank's Economic Intelligence Center (EIC) has boosted its 2013 economic growth forecast to 5.1% from an earlier 4.9% and expects the baht to range from 28.50 to 29 against the US dollar.
TUF maintains sober Q2 outlook
Business, Pathom Sangwongwanich, Published on 14/05/2013
» Thai Union Frozen Products Plc (TUF), the world's largest tuna company, sees little chance its bottom line will recover in the second quarter, citing high raw material costs and the strong baht.
Wire producer opens Rayong plant
Business, Pathom Sangwongwanich, Published on 12/06/2013
» Siam Industrial Wire Co Ltd (SIW) is set to open a new facility in Rayong province next month in a bid to capitalise on Asia's fast-growing demand and the integrated Southeast Asian market.
Infrastructure plan a three-legged stool
Business, Pathom Sangwongwanich, Published on 14/06/2013
» The government will focus on a three-pronged strategy for infrastructure development in Thailand to enhance connectivity with the Greater Mekong Subregion (GMS), says Transport Minister Chadchat Sittipunt.
Japanese investors view Thailand as gateway to AEC
Business, Pathom Sangwongwanich, Published on 18/06/2013
» Japanese investors still view Thailand as a manufacturing hub and will continue to use the country as a gateway to penetrate emerging markets in Southeast Asia.
Focus on connectivity urged for infrastructure projects
Business, Pathom Sangwongwanich, Published on 24/06/2013
» Infrastructure megaprojects under the government's 2-trillion-baht scheme should focus on connectivity among different transportation systems and develop a single command to ensure efficient coordination and bring about maximum benefits, says an expert.
China, Fed both obstruct Thailand's FDI outlook
Business, Pathom Sangwongwanich, Published on 27/06/2013
» Despite an expected gradual increase in global foreign direct investment (FDI), China's economic slowdown and the retreat of quantitative easing in the US remain hindrances affecting the outlook for foreign inflows to Thailand.
MPC likely to keep policy rate steady
Business, Pathom Sangwongwanich, Published on 10/07/2013
» Despite several economic indicators signalling a slowdown in the economy, the Bank of Thailand's Monetary Policy Committee (MPC) is expected to keep the policy rate on hold at today's rate call as domestic financial stability is the main concern, economists said.
BoT revises down full-year growth forecast to 4.2%
Business, Pathom Sangwongwanich, Published on 20/07/2013
» The Bank of Thailand has slashed this year's economic growth forecast to 4.2% due to tepid domestic consumption and the fragile state of the global economic recovery but said rising household debt limits the scope for a policy rate cut.
External factors hurt locally
Business, Pathom Sangwongwanich, Published on 24/07/2013
» Despite the nascent economic recovery in the US and Europe, the Thai economy still faces lingering global financial market volatility in the second half, says Bank of Thailand governor Prasarn Trairatvorakul.