Showing 1 - 10 of 37
Pundits predict BoT rate cut in H2
Business, Somruedi Banchongduang, Published on 09/01/2024
» Economists predict the Bank of Thailand (BoT) will start to cut its policy rate in the second half to 2% in line with the country's economic situation and based on the assumption of a United States Federal Reserve (Fed) policy rate cut in the second quarter.
Economist backs consumption stimulus measures
Business, Somruedi Banchongduang, Published on 21/09/2023
» The government's policy of stimulating private consumption is reasonable to sustain Thailand's economic growth amid global uncertainties, says an economist with Standard Chartered Bank (Thai).
HSBC wealth division looks to Asean for regional growth
Business, Somruedi Banchongduang, Published on 25/08/2023
» HSBC Global Private Banking is leveraging its international connectivity and investment expertise to meet the increasingly sophisticated and international needs of its high net worth clients in Thailand.
Politics plays a role in baht drift
Business, Somruedi Banchongduang, Published on 17/08/2023
» Prolonged political uncertainty is exacerbating baht volatility against the dollar as Thailand still has not formed a new government, says the head of the Bank of Thailand.
Market forecasts rate hike cycle nears end
Business, Somruedi Banchongduang, Published on 16/08/2023
» With the Bank of Thailand gradually raising its policy benchmark rate for a year as part of its monetary policy normalisation to tame inflation, the market now expects the rate hike cycle to end.
Bank of Thailand foresees further budget delay
Business, Somruedi Banchongduang, Published on 03/08/2023
» The Bank of Thailand expects the fiscal 2023 budget disbursement to be delayed by one more quarter than its previous assessment of one quarter, mainly due to the delay in the formation of the new government.
Growth in mortgages slim in H1
Business, Somruedi Banchongduang, Published on 29/07/2023
» Banks booked marginal growth in mortgage loans for the first half of this year as rising interest rates weakened the purchasing power of homebuyers.
BoT issues warning over volatility in bond, capital markets
Business, Somruedi Banchongduang, Published on 26/07/2023
» The Bank of Thailand has raised concerns over the Thai capital and bond markets, given domestic political uncertainty and default risks pertaining to corporate debentures.
SCB chief spurns ministerial post
Business, Somruedi Banchongduang, Published on 25/07/2023
» Arthid Nanthawithaya, chief executive of SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), said he would reject the post of finance minister in the incoming government if he were to be offered it.
BoT calls for stable policies
Business, Somruedi Banchongduang, Published on 20/07/2023
» Public confidence is more important than the new face of the upcoming coalition government and the new prime minister, while policy normalisation and the stability of fiscal and monetary policies are still required from the new government rather than economic stimulus, according to the governor of the Bank of Thailand.