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BUSINESS

BoT demands clarity on zero-interest mortgages

Business, Parista Yuthamanop, Published on 03/04/2013

» The Bank of Thailand has asked banks to clarify the interest burden on its proliferated zero-interest mortgage campaigns to customers.

BUSINESS

Spillover of Cyprus shock warned

Business, Parista Yuthamanop, Published on 03/04/2013

» The confidence shock in Cyprus could soon spill over to other economies and threaten the euro zone's recovery, says a senior economist at the Institute of International Finance (IIF).

BUSINESS

Government's 2-trillion-baht spending bill slated for August

Business, Parista Yuthamanop, Published on 02/04/2013

» The Finance Ministry expects a bill empowering the government to borrow 2 trillion baht over the next seven years for infrastructure projects will take effect by August, barring delays for judicial challenges.

BUSINESS

MPC edgy but maintains rate

Business, Parista Yuthamanop, Published on 04/04/2013

» The Monetary Policy Committee (MPC) yesterday voiced stronger concern over the brisk trade in property and equities and the surge in bank credit but still kept its policy interest rate unchanged at 2.75%.

BUSINESS

Agencies call for bills' amendment

Business, Parista Yuthamanop, Published on 09/04/2013

» Two draft bills for the Social Security Fund should be amended to increase the government's contribution rate and improve the fund's operating cost, accountancy standards and management efficiency, say two think tanks.

BUSINESS

Japan move drives baht

Business, Parista Yuthamanop, Published on 10/04/2013

» The Bank of Thailand has expressed concerns over the baht's ferocious surge prompted by the Bank of Japan (BoJ)'s unexpected aggressive liquidity pumping.

BUSINESS

BoT's growth view brightens despite slowdown in exports

Business, Parista Yuthamanop, Published on 13/04/2013

» The Bank of Thailand has revised up its economic growth forecast for the year to 5.1% from 4.9% while leaving its inflation forecast almost stable.

BUSINESS

Prasarn warns of loan risks

Business, Parista Yuthamanop, Published on 17/04/2013

» Thai businesses could face losses from changes in foreign exchange rates if they overborrow from overseas markets in the hope of securing a relatively lower lending rate, says Bank of Thailand governor Prasarn Trairatvorakul.

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BUSINESS

Experts query borrowing bill

Business, Parista Yuthamanop, Published on 19/04/2013

» Several experts have called on the government to enhance the credibility of feasibility studies and balance the decision-making power of projects listed under the government's 2-trillion-baht borrowing bill.

BUSINESS

Central bank assures readiness of ammunition

Business, Parista Yuthamanop, Published on 25/04/2013

» The Bank of Thailand is ready to take action to slow the baht appreciation even though foreign capital inflows over the past few months have shifted to bonds with longer maturities.