Showing 41 - 50 of 8,677
Central bank backs effort to tackle cheap Chinese imports
Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand is backing government initiatives to address the issue of cheap Chinese products flooding the Thai market.
Q2 GDP growth may be misleading
News, Chartchai Parasuk, Published on 22/08/2024
» I eagerly awaited the release of the Q2/2024 GDP growth figure which became available on Monday. The 2.3% growth figure, presented by the Office of the National Economic and Social Development Council (NESDC), did not surprise me. A friend had warned me that the quarterly growth could be as high as 2.5%, even though my estimation for the quarter was only 1.0%.
BoT leaves interest rate unchanged
Business, Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate steady at 2.5% on Wednesday, in line with the local economic recovery.
Analysts expect steady policy rate
Business, Published on 21/08/2024
» The Bank of Thailand is expected to keep the policy rate at a decade-high level of 2.5% at its meeting on Wednesday, though analysts see a higher likelihood of a rate cut this year given growing headwinds facing the Thai economy.
Thai leadership change highlights political risk
Business, Published on 21/08/2024
» The Thai parliament's swift approval of new Prime Minister Paetongtarn Shinawatra, who received royal endorsement on Aug 18, should help to preserve policy continuity, but recent developments highlight the potential for the country's volatile politics to have an impact on policymaking and investor confidence.
Lessons to build a care economy
Oped, Published on 21/08/2024
» As populations age worldwide, the demand for care services is reaching unprecedented levels, presenting complex challenges for all societies, but particularly those in the developed world. This is also true for Uruguay, where the demographic profile is closer to that of North America and Europe than to its regional neighbours.
Capital idea, Indonesia. Now for some reality
News, Daniel Moss, Published on 21/08/2024
» Capital cities don't just happen. They develop slowly over decades, perhaps centuries, before resembling their creator's dream -- if they ever do. Indonesia is discovering such massive endeavours are hard work and prone to delays. Economics has an annoying habit of intruding.
SCB CIO touts tech, utility stocks
Business, Nuntawun Polkuamdee, Published on 20/08/2024
» SCB Chief Investment Office (SCB CIO) sees the global stock market becoming more volatile as it enters the final stretch of the US presidential election, recommending investors focus on technology and utility stocks with high growth potential and strong financial results.
The US dollar is a problem for everyone
Oped, Published on 20/08/2024
» In 1971, US Treasury Secretary John Connally famously told his counterparts in the G10 that "the dollar is our currency, but it's your problem". Connally was being unexpectedly candid about the fact that, even though the greenback was the world's main reserve currency, its foremost purpose was to advance US interests.
Thai growth quickens in Q2 on higher consumption, tourism
Reuters, Published on 19/08/2024
» Thai economic growth strengthened in the second quarter due to increases in consumption, tourism and exports, official data showed on Monday, and the government narrowed its full-year growth forecast range.