Showing 1 - 10 of 20
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.
Debt 'gorilla' holding back economic growth
Asia focus, Pathom Sangwongwanich, Published on 07/08/2017
» Besides lower productivity output and greying demographics, alarming debt levels in the public and private sectors worldwide are undermining buoyant economic growth prospects, says a senior executive of Allianz Global Investors.
One currency to link them all: the rise of the renminbi
Asia focus, Pathom Sangwongwanich, Published on 21/11/2016
» International use of the Chinese renminbi is expected to surge in the next five to 10 years given the need for financing by the Chinese government of infrastructure projects under its One Belt One Road (OBOR) programme, a banking executive says.
Markets uneasy as baht stabilises, euro weakens
Business, Pathom Sangwongwanich, Published on 27/10/2015
» The baht recorded stability amid two important monetary policy deliberations in China and Europe in the past week, but the market remains concerned about emerging economies' growth, says the Bank of Thailand.
World Bank sees 3.5% Thai growth, weak exports
Business, Pathom Sangwongwanich, Published on 04/06/2015
» The economy is projected to expand by 3.5% this year driven mainly by tourism's recovery and higher public expenditure, while export growth is expected to be anaemic at 0.5%, says the World Bank.
Baht fluctuation to carry on
Business, Pathom Sangwongwanich, Published on 22/05/2015
» The baht's volatility is expected to continue in the coming months, with the currency's movements taking cues from external and internal factors such as Thailand's economic situation and the US Federal Reserve's interest rate moves.
BoT unlikely to cut rate
Business, Pathom Sangwongwanich, Published on 18/02/2015
» Despite mounting pressure to lower its policy interest rate after last year's dismal economic growth, the Bank of Thailand yesterday hinted it would stand pat on monetary policy at its March meeting.
BoT: No need to curb inflows
Business, Pathom Sangwongwanich, Published on 12/02/2015
» Despite concerns about adverse effects on exports from the strong baht, the Bank of Thailand insists no special measure will be taken to manage foreign exchange in light of the baht's relative stability and regular fund flows.
MPC sticks with 2% policy rate
Business, Pathom Sangwongwanich, Published on 29/01/2015
» The Bank of Thailand kept its policy rate unchanged on Wednesday, insisting interest rates will be used as a last resort to handle capital inflows prompted by the European Central Bank's larger-than-expected stimulus.
UOB sees 4% Thai GDP growth in 2015
Business, Pathom Sangwongwanich, Published on 24/12/2014
» Amid growing scepticism over Thailand's economic growth prospects for the new year, economists are divided on whether GDP will expand by less than its potential of 4%.