Showing 1 - 10 of 15
Research houses concur on heavy toll
Business, Oranan Paweewun, Published on 04/04/2020
» The Thai economy is forecast to shrink by 4.8% by Asian Development Bank (ADB), 5.6% by Siam Commercial Bank's Economic Intelligence Center (EIC) and 5% by Standard Chartered Bank (Thai), heading for its deepest contraction since the financial meltdown of 1998.
Insurance policies go viral
Business, Oranan Paweewun, Published on 23/03/2020
» The number of Covid-19 infections worldwide is nearing 250,000 and the death toll has exceeded 10,000, while the number of new patients diagnosed with the deadly virus in Thailand is rising rapidly.
BoT: 2.5% growth in 2019 likely
Business, Oranan Paweewun, Published on 31/12/2019
» Thailand's economic growth is expected to close at 2.5% in the October-to-December quarter, leading the full-year figure to achieve the central bank's forecast of 2.5%, though risk remains to the downside, says a senior official.
The 2020 guide to market moves
Business, Oranan Paweewun, Published on 16/12/2019
» As the new year approaches, it's time to turn our thoughts to establishing financial goals and investment resolutions.
BoT upbeat on fourth-quarter outlook
Business, Oranan Paweewun, Published on 30/11/2019
» Even though the economy got off to a rough start in the fourth quarter, the Bank of Thailand remains optimistic that the period's reading will fare better than the third quarter's.
Private sector calls for stimulus
Oranan Paweewun, Published on 05/06/2019
» The private sector wants the new government to introduce economic stimulus packages to support economic expansion in the remainder of the year as growth slows.
Central bank's net loss shrank to B154bn in 2018
Business, Oranan Paweewun, Published on 26/04/2019
» The Bank of Thailand's net loss narrowed to 154 billion baht in 2018 from 271 billion in the previous year, largely due to interest earned from foreign reserve investment surpassing interest paid for the first time in several years.
Small deposits add up
Business, Oranan Paweewun, Published on 22/04/2019
» The US Federal Reserve's dovish signal of the end of the current rate hike cycle, a slackening of momentum for Thailand's economic growth amid risks from the global economic slowdown and domestic political instability, and the liquidity surplus in the local financial system suggest that low interest rates will persist for an extended period.
KBank and Line partner
Business, Oranan Paweewun, Published on 13/12/2018
» Kasikornbank (KBank) has made a big push into digital banking by forming a joint venture with Line Financial Asia to tap into the online social giant's 44 million users, aiming to grow its retail loan and digital banking business.
CIMBT: 2019 growth to slow as election stokes uncertainty
Business, Oranan Paweewun, Published on 12/12/2018
» Thai economic growth is expected to cool to 3.7% in 2019 from a 4% forecast for 2018, while the general election could be a threat in the short run as foreign investors hold off on plans as they await the outcome, says a senior economist at CIMB Thai Bank (CIMBT).