Showing 1 - 10 of 20
Demand for B/E cools after defaults
Business, Pawee Sirimai, Published on 18/10/2017
» Bills of exchange (B/E) issuance continues to drop this year as companies have shifted to rely on other debt instruments after a series of B/E defaults occurred late last year, says the Thai Bond Market Association (TBMA).
SEC set to tighten up B/E regulations
Business, Pawee Sirimai, Published on 12/10/2017
» The Securities and Exchange Commission (SEC) is expected to tighten its regulations on bills of exchange (B/E) by limiting the number of entities in which funds can be privately placed to no more than 10 deep-pocketed investors.
Potential US rate rise puts brakes on fund inflows
Business, Pawee Sirimai, Published on 30/09/2017
» The influx of offshore funds into Thailand has slowed after the US Federal Reserve signalled another rate rise this year, says a senior Bank of Thailand official.
KBank: Baht appreciation may have peaked in April
Business, Pawee Sirimai, Published on 17/05/2017
» The baht probably reached its strongest level in mid-April and will reverse course until the end of the year, says a senior official at Kasikornbank (KBank).
BoT: Bourse outflows to be expected
Business, Pawee Sirimai, Published on 12/05/2017
» Ongoing fund outflows from the Thai stock market are in line with the Bank of Thailand's expectations and the phenomenon is commonly seen in emerging markets, says the central bank chief.
Bank of Thailand moves to curb speculation
Business, Pawee Sirimai, Published on 01/04/2017
» The Bank of Thailand will shave 80 billion baht from its April issuance of short-dated bonds as a means to curb baht speculation, says a senior official.
MPC raises GDP growth view
Business, Pawee Sirimai, Published on 30/03/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) yesterday raised its 2017 economic growth forecast to 3.4% from 3.2% predicted three months ago because of a stronger export outlook, as it kept the policy rate unchanged at 1.5% as widely expected.
Baht rally 'short term'
Business, Pawee Sirimai, Published on 29/03/2017
» The baht's further upside bias to the 34 baht-mark to the US dollar is seen as a short-term run on the back of persistent offshore fund inflows, largely to the Thai bond market, prompted by a perception that the local currency is a safe haven, says a senior official at Phatra Securities.
Official: Baht surge fits fundamentals
Business, Pawee Sirimai, Published on 21/03/2017
» The strengthening baht is in line with the economy's fundamentals and no intervention by the central bank is needed, says a high-ranking finance official.
BoT: No push from US rate hike
Business, Pawee Sirimai, Published on 10/03/2017
» Even if the US Federal Reserve raises its policy rate at next week's meeting -- sooner than expected -- it will not put any pressure on the Bank of Thailand's currently accommodative monetary policy, says a central bank executive.