Showing 11 - 15 of 15
Goldman Sachs says 2020 global recession unlikely
Business, Pathom Sangwongwanich, Published on 14/11/2019
» Despite the manufacturing sector's troubles and Sino-US trade tensions, the prospects of a global economic recession occurring next year are low as fundamentals drivers of growth in major economies still remain healthy, says Goldman Sachs Asset Management.
ADB lowers outlook for GDP growth
Business, Pathom Sangwongwanich, Published on 19/07/2019
» Thailand's GDP is set to grow by less than 4% this year and next after the first-quarter growth downturn and the sharp export slowdown provided a backdrop of subdued momentum going forward, says the Asian Development Bank (ADB).
Wage hike could repel Chinese firms
Business, Pathom Sangwongwanich, Published on 04/07/2019
» A hike in the daily minimum wage could discourage Chinese manufacturers in labour-intensive industries from relocating their production base to Thailand, says a Chinese banking executive.
Fitch says full-year exports likely to avoid decline
Pathom Sangwongwanich, Published on 03/07/2019
» Despite flagging export data, Thai shipments are not expected to contract this year, as sustained global economic growth and exports to the US can compensate for sluggish exports to China, says Fitch Ratings.
BoT: Baht climbs as greenback slips
Business, Pathom Sangwongwanich, Published on 24/01/2019
» The baht's rising value is a result of the US dollar depreciation, stemming from domestic political developments in the world's largest economy, says the Bank of Thailand.