Showing 1-10 of 36 results
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MPC keeps policy rate unchanged at 1.5%
Business, Pawee Sirimai, Published on 09/11/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy interest rate unchanged yesterday as widely expected, saying the economy has grown at a faster pace than expected.
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Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
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Study: Use LTF tax credit, not deduction
Business, Pawee Sirimai, Published on 23/11/2017
» The Finance Ministry should replace tax deduction on investment in long-term equity funds (LTFs) with a tax credit that aims at reducing inequality and lowering the government's foregone revenue, says a local professor.
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Household debt third in Asia-Pacific
Business, Pawee Sirimai, Published on 27/06/2017
» Thailand's household debt was the third highest in Asia-Pacific in the third quarter of 2016, driven by the heavy load of first-jobbers' personal loans, say researchers at the central bank's think tank.
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MPC lifts economic growth, export outlook
Business, Pawee Sirimai, Published on 06/07/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) yesterday raised its 2017 economic growth forecast slightly to 3.5% from 3.4% earlier predicted after revising up export growth to 5%, but kept the policy rate unchanged at 1.5%.
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Bad loans still vexing SMEs
Business, Pawee Sirimai, Published on 15/07/2017
» Soured small and medium-sized enterprise (SME) loans show no sign of declining as a lack of competitive edge and uneven economic recovery hinder debt-servicing ability, says a senior Bank of Thailand official.
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Apisak aims to allay fears over currency
Business, Pawee Sirimai, Published on 21/07/2017
» The economic recovery remains resilient in the face of the stronger baht, with large firms able to handle the situation, says Finance Minister Apisak Tantivorawong.
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MPC keeps rate steady, frets over bad SME loans
Business, Pawee Sirimai, Published on 25/05/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate unchanged yesterday at 1.5% as widely expected while voicing concerns over the debt-servicing ability of small and medium-sized enterprises (SMEs).
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Asean office issues rosy outlook for Thai growth
Business, Pawee Sirimai, Published on 13/06/2017
» The Asean+3 Macroeconomic Research Office (Amro) is upbeat that the Thai economy will remain on solid footing, and policymakers stand ready to adopt both fiscal and monetary policies to support the economy if needed.
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World Bank keeps wary outlook
Business, Pawee Sirimai, Published on 19/04/2017
» The country's underlying productivity challenges are expected to cap Thai economic growth at a mere 3.4% in 2019, the World Bank says.
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