Showing 1 - 8 of 8
MPC wary of tourist dearth
Business, Pathom Sangwongwanich, Published on 18/02/2021
» The lack of foreign tourist arrivals presents a major risk to Thailand's medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand.
Expenses push Pace to post massive impairment loss
Business, Pathom Sangwongwanich, Published on 17/05/2018
» SET-listed Pace Development Corporation Plc's net loss widened by 610% year-on-year in the first quarter, due to impairment loss in investments and increased selling expenses from the property business.
Engineering the future
Asia focus, Pathom Sangwongwanich, Published on 20/02/2017
» Adjusting to the uncertainty of China's "new normal" phase coinciding with an economic slowdown is an uphill task for business leaders, but Zhang Jianguo believes he is plotting the right course. The vice-president of China Machinery Engineering Corporation (CMEC) is pursuing a strategy to promote long-term, sustainable growth by investing overseas and embracing technological change.
Big projects 'risky for government'
Business, Pathom Sangwongwanich, Published on 08/07/2016
» Despite their positive impact on the economy, the government's big infrastructure projects carry major risks related to revenue and public support that the government has to shoulder in the primary stage, says a credit rating executive.
StanChart: Investment will boost growth
Business, Pathom Sangwongwanich, Published on 25/06/2016
» Thailand's economic growth outlook this year is bullish because of planned infrastructure projects and the crowding-in effect generated from private investment, says Standard Chartered Bank Thailand.
BoT: Rate slash still a possibility
Business, Pathom Sangwongwanich, Published on 06/02/2015
» Even though the Bank of Thailand believes the current policy rate would boost economic recovery this year, it has left the door open to a possible cut if the economy is slower than expected or unexpected effects emerge.
Maybank remains upbeat
Business, Pathom Sangwongwanich, Published on 02/04/2014
» Singapore: Malayan Banking Bhd (Maybank), Malaysia’s largest commercial bank, remains optimistic about investing in Thailand with a plan to move forward its investment either through mergers and acquisitions (M&A) or by obtaining a banking licence, says Montree Sornpaisarn, co-chief executive officer at Thailand’s Maybank Kim Eng Securities Plc.
TDRI calls for social welfare
Business, Pathom Sangwongwanich, Published on 18/02/2014
» Reform measures aimed at developing social welfare should be enacted to improve the living conditions of the poor and enhance their political participation, say academics.