Showing 1 - 10 of 28
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
BoT: Commercial banks' bad loans to peak in Q4
Business, Pawee Sirimai, Published on 11/11/2017
» Commercial lenders' bad loans will peak at just above 3% of loans outstanding this quarter, says a senior Bank of Thailand official.
MPC keeps policy rate unchanged at 1.5%
Business, Pawee Sirimai, Published on 09/11/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy interest rate unchanged yesterday as widely expected, saying the economy has grown at a faster pace than expected.
More tax incentives sought to help elderly with employment
Business, Pawee Sirimai, Published on 07/11/2017
» Deputy Prime Minister Somkid Jatusripitak has instructed the Fiscal Policy Office (FPO) to consider additional tax incentives as a means to support senior citizens' employment and businesses as Thailand moves towards becoming an aged society.
Allianz urges consolidating to innovate
Business, Pawee Sirimai, Published on 06/11/2017
» German insurer Allianz has urged more consolidation in order to develop and support innovation in the Thai insurance industry, especially for property and casualty insurance.
Inflation target left untouched
Business, Pawee Sirimai, Published on 20/10/2017
» The Bank of Thailand will maintain its inflation target band of 1-4% for next year on expectations that inflation will fall back to the lower band by mid-2018, says governor Veerathai Santiprabhob.
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).
Central bank's MPC predicts growth, with caveats
Business, Pawee Sirimai, Published on 12/10/2017
» The Bank of Thailand's rate-setting committee foresees further economic growth but is concerned over rising bad loans in the short term and search-for-yield behaviour increasing amid the low-interest-rate environment.
Escaping the debt trap
Business, Pawee Sirimai, Published on 24/07/2017
» People with more debt payment to make monthly than what they can afford could easily get into a deeper hole without proper help and planning.
KTB warns over potential debt default rise
Business, Pawee Sirimai, Published on 20/07/2017
» Defaults of debt instruments are expected to keep rising as the fixed-income market enters the early stages of tightening from rising interest rates amid tepid appetite for such notes, says the head of KTB Securities Thailand (KTBST).