Showing 151-160 of 340 results
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New body gets BoT nod
Business, Somruedi Banchongduang, Published on 14/08/2019
» Bank of Thailand governor Veerathai Santiprabhob has thrown his support behind the government's plan to form a fiscal and monetary committee, saying the new body would reinforce cooperation among related agencies to better handle rising global economic uncertainties.
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EIC says Q4 state spending geared towards 3% growth
Business, Somruedi Banchongduang, Published on 10/07/2019
» The new government is estimated to spend 20 billion baht on a fresh round of economic stimulus in the final quarter of the year to raise full-year GDP growth above 3%, says the Economic Intelligence Center (EIC).
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EIC cuts GDP growth forecast to 3.1%
Somruedi Banchongduang, Published on 09/07/2019
» The Economic Intelligence Center (EIC), Siam Commercial Bank's research unit, has cut its forecast for the country's 2019 economic growth to 3.1% from the 3.3% previously seen.
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World Bank cites risks to outlook
Business, Somruedi Banchongduang, Published on 09/07/2019
» Political uncertainty is a major risk sapping investor and consumer confidence and clouding the country's economic outlook, the World Bank says.
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CIMBT: Monetary policy takes lead while cabinet unformed
Business, Somruedi Banchongduang, Published on 03/07/2019
» With the cabinet line-up unsettled and fiscal policy handcuffed, CIMB Thai Bank (CIMBT) expects the Bank of Thailand to loosen monetary policy by cutting the benchmark rate twice by the first half of next year in a bid to boost economic growth and curb hot-money inflows.
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BoT forecast to take cues from Fed cuts
Business, Somruedi Banchongduang, Published on 04/07/2019
» Swiss private bank Lombard Odier forecasts the Bank of Thailand to follow in the footsteps of its US counterpart, which is likely to cut its benchmark rate in the second half.
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Politics key threat to Thai outlook, World Bank warns
Somruedi Banchongduang, Published on 08/07/2019
» Prolonged political uncertainty is a key risk for Thailand’s economic outlook, according to the World Bank’s Thailand Economic Monitor.
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Joint committee’s GDP forecast range dips below 3% growth
Somruedi Banchongduang, Published on 10/07/2019
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has taken a more pessimistic view by cutting its forecast range for Thailand’s full-year economic growth, with the lower end now below the 3% mark.
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Bank of Thailand sees export contraction in Q2
Business, Somruedi Banchongduang, Published on 29/06/2019
» The Bank of Thailand has grown more pessimistic, reckoning that the export contraction will extend into the second quarter because of intensifying trade tension between the US and China.
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A banker getting his sea legs in fintech
Business, Somruedi Banchongduang, Published on 29/06/2019
» With fintech companies growing rapidly and challenging established banks by harnessing new technologies, plenty of C-level bankers have left the traditional financial services industry to join fintech firms, and Rungruang Sukkirdkijpiboon is among them.
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