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Search Result for “exchange rate”

Showing 1 - 10 of 92

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BUSINESS

Ministry upbeat on baht rebound

Business, Wichit Chantanusornsiri, Published on 09/07/2022

» The Finance Ministry expects the baht's value to rebound in the second half this year, in line with the anticipated narrowing of the current account deficit, says a ministry source who requested anonymity.

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BUSINESS

Student loan defaults blamed on poor discipline

Business, Wichit Chantanusornsiri, Published on 15/10/2019

» Lack of financial discipline is the most common reason borrowers have defaulted on their education debt, says Chai­narong Katchapanan, Student Loan Fund (SLF) manager.

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BUSINESS

Thirachai hails BoT plan, slams rate-cut advocates

Business, Wichit Chantanusornsiri, Published on 17/05/2013

» Former finance minister Thirachai Phuvanatnaranubala has warned that a policy rate cut cannot tame the influx of capital inflows but would instead create a bubble in the economy.

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BUSINESS

Apisak cautiously upbeat

Business, Wichit Chantanusornsiri, Published on 29/09/2015

» The economy is expected to bound back next year, but the government may need to inject more money into the economic system if the economy remains stubbornly in the doldrums, says Finance Minister Apisak Tantivorawong.

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OPINION

Citizens shoulder burden of vast state debt

News, Wichit Chantanusornsiri, Published on 11/06/2015

» Bad policies formulated by previous governments including the previous government's rice scheme have left the country in financial trouble, owing some 720 billion baht.

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BUSINESS

Policymakers weigh baht options

Business, Wichit Chantanusornsiri, Published on 04/01/2020

» Policymakers still have monetary and fiscal policy space to rein in the stronger baht, but it will be used when appropriate, says Finance Minister Uttama Savanayana.

BUSINESS

MPC cautious on rate change

Wichit Chantanusornsiri, Published on 30/04/2013

» The Bank of Thailand's Monetary Policy Committee (MPC) will only slash policy rate if necessary, Federation of Thai Industries (FTI) chairman Payungsak Chartsutthipol predicted on Tuesday.

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GENERAL

Pichai takes finance helm

Business, Wichit Chantanusornsiri, Published on 08/05/2024

» Newly appointed Finance Minister Pichai Chunhavajira has vowed to expedite efforts to deal with household debt, revive the economy and increase individuals' income.

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GENERAL

Finance Ministry downgrades Thai growth forecast

Wichit Chantanusornsiri, Published on 29/04/2024

» The Finance Ministry on Monday downgraded its economic growth forecast to 2.4% for this year, down from its previous projection of 2.8% in January.

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INVESTMENT

Government Pension Fund expects to shift focus to gold, oil to mitigate risk

Business, Wichit Chantanusornsiri, Published on 24/04/2024

» The Government Pension Fund (GPF) is reducing investments in assets that may be affected by war and increasing investments in gold and oil to mitigate risk.