Showing 1 - 10 of 500
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
Asian shares extend rally sparked by Fed
Business, Published on 21/09/2024
» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
Baht’s biggest rally since 1998 threatens tourism, exports
Bloomberg News, Published on 20/09/2024
» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.
Finance minister urges sovereign credit rating upgrade
Business, Wichit Chantanusornsiri, Published on 20/09/2024
» Thailand's sovereign credit rating should be upgraded, as the government's interest payment burden is relatively low, says Finance Minister Pichai Chunhavajira.
Analyst sees Bank of Thailand as likely to copy Fed
Business, Published on 20/09/2024
» The Federal Reserve's large interest rate cut of 0.5 percentage points this week, the first reduction in four years, could pave the way for the Bank of Thailand to slash its policy rate in December, says CIMB Thai Bank chief economist Amonthep Chawla.
Consumer spending to finally recover this year
Business, Nareerat Wiriyapong, Published on 19/09/2024
» The Bank of Thailand's expected interest rate cuts, prompted by the strong baht, and growth in the tourism sector will both increase the country's consumer spending, which is expected to exceed the 2019 level for the first time this year, say analysts.
Fiscal 2025 public debt estimated at 66% of GDP
Business, Wichit Chantanusornsiri, Published on 19/09/2024
» The level of public debt for fiscal 2025 is projected at 66% of GDP, which is below the fiscal sustainability threshold of 70%.
Suggestions to help the Thai economy
Business, Suchit Leesa-nguansuk, Published on 18/09/2024
» Thailand should focus on promoting only selected S-curve industries, expanding financial access for small and medium-sized enterprises (SMEs) and improving the technology and science infrastructure to improve the country's competitiveness, say business leaders.
Central bank urged to reduce interest rates
Business, Phusadee Arunmas, Published on 17/09/2024
» The Commerce Minister has urged the Bank of Thailand (BoT) to cut interest rates and maintain the value of the baht, hoping to increase exports and increase GDP.
Enterprise software firms from China target Thailand
Business, Suchit Leesa-nguansuk, Published on 16/09/2024
» Chinese enterprise software companies are entering the Thai market, viewing the country as potentially one of the fastest growing for digitalisation going forward.