Showing 1 - 10 of 23
SET fall due to govt
Oped, Postbag, Published on 14/06/2024
» Re: "PM blames court case for SET", (BP, June 11).
MPC votes 6-1 to keep policy rate
Business, Somruedi Banchongduang, Published on 13/06/2024
» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.
Digital wallet scheme hits another snag
Oped, Chartchai Parasuk, Published on 13/06/2024
» The new financing problem of the 10,000-baht cash handout, commonly known as the Digital Wallet Scheme (DW), has not made much noise in the media. This may be because the government wants this to be a non-issue, but in reality, it is a serious one that could wreck the entire scheme.
Investor confidence stalls out
Business, Published on 12/06/2024
» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone for a fourth consecutive month in May, attributed to international conflicts, inflation and baht fluctuation.
Restaurateurs likely to be hit by global, local economic woes
Business, Kuakul Mornkum, Published on 11/06/2024
» The global economic downturn and Thailand's sluggish economy are likely to have a significant impact on the local restaurant segment, even with the visa-free scheme attracting more visitors.
Maybe not so united
Published on 08/06/2024
» Some critics are beginning to suspect the populist programme may not see the light of day and that the ruling Pheu Thai Party, ironically, may not be all that upset if the axe falls on it.
Asian shares advance on rate-cut optimism
Business, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.
SET index could slip further amid BoT spat
Nareerat Wiriyapong, Published on 08/06/2024
» The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.
Thailand wants faster inflation
News, Daniel Moss, Published on 06/06/2024
» It's hard to find a leader anywhere these days who will argue the case for faster inflation. Politicians would rather drink hemlock than call for a renewed acceleration; they are often too busy nodding sympathetically at what their opponents call a cost-of-living crisis. But there is a kingdom where calling for more elevated prices, sooner, isn't off limits. In fact, the government embraces the concept.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.