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Search Result for “global economy”

Showing 1 - 10 of 45

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GENERAL

Govt plans Asia's first sovereign sustainability-linked bond

Bloomberg News, Published on 29/05/2024

» The government plans to sell as much as US$1.1 billion of baht-denominated sustainability-linked bonds (SLBs) in the fourth quarter, in what looks set to be the first such offering from an Asian government.

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GENERAL

Central bank rate decision puts spat with PM in spotlight

Bloomberg News, Published on 09/04/2024

» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.

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GENERAL

Govt eyes $15bn investment after PM's global pitch

Bloomberg News, Published on 27/03/2024

» The government said it expects to garner at least US$15 billion (546 billion baht) in foreign direct investment in the next three years as Prime Minister Srettha Thavisin's trips around the world to woo electric vehicle (EV) makers and technology companies start to yield results.

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INVESTMENT

Thai stock exodus deepens amid corporate woes

Bloomberg News, Published on 27/03/2024

» A market revival for Thailand just is not coming.

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GENERAL

Cash gifts, free milk raise risks to Thailand, Indonesia ratings

Bloomberg News, Published on 27/02/2024

» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.

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GENERAL

Move Forward slams Srettha for public feud with central bank

Bloomberg News, Published on 23/02/2024

» The public sparring between Prime Minister Srettha Thavisin and Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on monetary policy risks undermining the institution's independence and poses a threat to credit ratings, according to the opposition Move Forward Party (MFP).

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TECH

Singapore builds AI model to 'represent' Southeast Asians

Bloomberg News, Published on 08/02/2024

» SINGAPORE - Like millions worldwide, Southeast Asians have been trying out large language models (LLMs) such as Meta's Llama 2 and Mistral AI - but in their native Bahasa Indonesia or Thai. The result has usually been gibberish in English.

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GENERAL

Central bank seen resisting rate-cut pressure

Bloomberg News, Published on 07/02/2024

» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.

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GENERAL

African nations dominate top 10 economic growth spots

Bloomberg News, Published on 09/01/2024

» JOHANNESBURG - Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light.

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INVESTMENT

'Salesman' PM Srettha travels world to court investments

Bloomberg News, Published on 09/11/2023

» Srettha Thavisin, a former property tycoon turned prime minister, has spent the two months he has been in office focused on turning around Thailand’s below-par economic performance.