Showing 1 - 10 of 10
K-Research expects central bank to stay the course on rates
Business, Nareerat Wiriyapong, Published on 04/04/2024
» Despite growing market anticipation of monetary policy easing, Kasikorn Research Center (K-Research) is ruling out the possibility of a Bank of Thailand (BoT) policy rate cut at its April 10 meeting amid growing concerns about a weakening baht.
Analysts: Rate cut unlikely before Q2 of 2025
Business, Nareerat Wiriyapong, Published on 26/04/2024
» The Bank of Thailand is unlikely to lower interest rates until the second quarter of 2025, when the economy could hit a fiscal cliff after the impact of the 10,000-baht digital handout diminishes, as expectations grow that the Federal Reserve will keep US rates elevated for longer, say analysts.
The showdown over interest rates
Business, Nareerat Wiriyapong, Published on 11/01/2024
» Tensions are growing as Prime Minister Srettha Thavisin and the Finance Ministry continue their stand-off with the Bank of Thailand after the premier repeatedly suggested the central bank should cut interest rates as inflation has subsided.
Baht declines as investors baulk at lack of fiscal discipline
Business, Nareerat Wiriyapong, Published on 13/11/2023
» The baht weakened to below 36 to the dollar on Monday as renewed concerns surfaced over Thailand’s fiscal discipline, following the government’s announcement on its digital wallet scheme on Friday, leading to outflows from Thai bond and stock markets, according to analysts.
Warning over Thailand's finances
Business, Nareerat Wiriyapong, Published on 04/11/2023
» Analysts are expressing concerns over Thailand's fiscal position, saying figures are likely to deteriorate in the medium term as the government pushes through populist policies such as the digital wallet scheme.
Examining efforts to puff up a weak baht
Business, Nareerat Wiriyapong, Published on 05/10/2023
» The baht has depreciated this year and ranks as one of the worst-performing regional currencies of 2023.
Baht, SET slip amid worries over stimulus
Nareerat Wiriyapong, Published on 20/09/2023
» The baht fell to a 10-month low beyond 36 to the US dollar, while the Stock Exchange of Thailand slipped closer to 1,500 points on Wednesday on continued fund outflows as investor concerns grew about expected massive bond issuance to fund government stimulus policies, according to analysts.
Study puts spotlight on green finance
Business, Nareerat Wiriyapong, Published on 29/11/2022
» Fostering sustainable financing to help the country move towards net-zero carbon emissions and expanding digital assets are among the major roles the Thai capital market is to focus on over the next five years to enhance its competitiveness and support overall economic growth, a recent study revealed.
America eyes Asean
Asia focus, Nareerat Wiriyapong, Published on 06/12/2021
» With a population of over 650 million and a rapidly expanding middle class, Southeast Asia presents significant growth potential for companies operating in the region. The Regional Comprehensive Economic Partnership (RCEP), signed by the 10 Asean countries and five key trading partners including China, will further enhance Asean's potential and attract more investors when the pact takes effect in January.
Securing our digital future
Asia focus, Nareerat Wiriyapong, Published on 29/08/2016
» Cybercrime is everywhere these days, it seems. Or maybe we are just hearing about it more regularly. In Thailand this month, a gang stole 12 million baht from 21 ATMs in six provinces by using malware to infect the system. It was two weeks before the news leaked out, and by that time the perpetrators, said to have been eastern Europeans, were long gone. The thefts, the first of their kind locally, may have been linked to similar heists in Taiwan in July.