Showing 1 - 7 of 7
BoT sounds alarm on baht speculation
Business, Somruedi Banchongduang, Published on 18/01/2018
» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.
Economy back on track
Business, Published on 17/01/2018
» Rising overseas demand for goods and services pushed Thailand's GDP to a five-year high in 2017, with business-friendly fiscal policies and planned spending on infrastructure expected to support further expansion in 2018.
SCBT forecasts 4.3% GDP growth for 2018
Business, Somruedi Banchongduang, Published on 17/01/2018
» Thailand's economic growth outlook is expected to remain bright this year, with a 4.3% forecast attributed to improvement in manufacturing, services, and agricultural sectors, says Standard Chartered Bank Thai (SCBT).
Banking on the greater good
Business, Post Reporters, Published on 13/01/2018
» William McChesney Martin Jr, who was chairman of the Federal Reserve for 19 years, famously quipped that his job was to take away the punch bowl just when the party got going. Those words have come to embody the work of a central banker, who at times must implement unpopular measures for the sake of the greater good.
Foreign funds drive baht
Business, Darana Chudasri, Published on 12/01/2018
» Year-to-date net foreign inflows into Thai bonds have reached 47 billion baht, with foreign investors viewing Thailand as a destination to park their funds.
Rising baht puts BoT on its toes
Business, Published on 25/04/2017
» Nervousness that the US Treasury will add Thailand to its list of countries to be monitored for currency market manipulations could compel the Bank of Thailand to hold off from intervening in the foreign exchange market and seek other measures to curb the baht’s rapid gain. The central bank’s tapering of its short-dated bond sales has had a small impact in stemming the influx of capital, a main reason for the appreciation of the baht.
Nikkei index plunges over 5% on 'Trump shock'
Published on 09/11/2016
» TOKYO - The Nikkei index plummeted more than 5% Wednesday and slipped close to the 16,000 line, as the growing possibility of Republican candidate Donald Trump winning the US presidential race rattled investor sentiment.