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Search Result for “SCB EIC”

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GENERAL

Exports being held back by declining competitiveness

Business, Nareerat Wiriyapong, Published on 24/05/2024

» Declining competitiveness for key export segments such as automobiles has kept Thailand from cashing in on improving global trade, according to analysts, as some start to downgrade shipment projections amid contracting manufacturing output and a slim private investment recovery.

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GENERAL

Analysts expecting rate cuts to be delayed

Business, Somruedi Banchongduang, Published on 21/05/2024

» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.

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GENERAL

Economists expect vote for rate cut

Business, Somruedi Banchongduang, Published on 09/04/2024

» Economists anticipate the Bank of Thailand will opt to lower its policy rate on Wednesday, giving a short-term boost to the country's economy, which has been hindered by delays in budget disbursement.

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OPINION

Structural flaws impede our economy

Oped, Chartchai Parasuk, Published on 21/03/2024

» It took Japan 17 years to learn that a macroeconomic policy is for stabilising an economy, not stimulating growth. Due to low economic growth in the "lost decade" following the financial crisis in the autumn of 1997, the Bank of Japan adopted an unthinkable monetary policy of a negative interest rate in 2007 by pushing the short-term policy rate down to -0.1%.

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INVESTMENT

Shares retreat as rate-cut bets weaken

Business, Published on 16/03/2024

» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.

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GENERAL

SCB EIC predicts 2 rate cuts in H1

Business, Somruedi Banchongduang, Published on 15/03/2024

» SCB EIC, a research centre under Siam Commercial Bank (SCB), expects the Bank of Thailand to start cutting the policy rate in April because of structural economic problems.

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THAILAND

THE ONE SIGNATURE: Elevating Bangkok's Luxury Living

Published on 06/03/2024

» Number One Housing Development, a leading real estate company in the bustling Bang Na area of Bangkok, has started 2024 with a focus on the high-end housing market as demand soars. Their latest project, ‘THE ONE SIGNATURE BANGNA - RAMA 9’, is a luxurious residential venture that aims to redefine lavish living. This exclusive project features beautifully designed luxury 3-storey pool villas and garden villas, each tailored to suit different family lifestyles embodying the concept of ‘PORTAL TO YOUR UNIVERSE’. Every villa comes with a private elevator for easy access and convenience. With only 71 units available and a project value of over 2.5 billion baht, this development spans more than 24-0-60 rai of prime land along Bang Na-Rama 9, offering great connectivity to the city centre and beyond. Located near schools, hospitals, commercial centres, and lifestyle hubs in Eastern Bangkok, THE ONE SIGNATURE BANGNA - RAMA 9 caters to the refined tastes of high-end clients, with prices ranging from 28 to 40 million baht. As affluent buyers search for homes that combine luxury living with family-friendly features, Number One Housing Development is dedicated to unlocking the full potential of the Bang Na area, transforming it into a prime location for comfortable and upscale residential living.

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GENERAL

SCB EIC calls for long-term restructure

Business, Somruedi Banchongduang, Published on 15/12/2023

» SCB Economic Intelligence Center (EIC), the research arm of Siam Commercial Bank (SCB), has sounded the alarm on lower potential growth for Thailand's economy in the long term, calling for structural reform.

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GENERAL

Pundits fret over impact of China's decline on Thailand

Business, Nareerat Wiriyapong, Published on 12/12/2023

» Analysts are expressing concerns over China's weakening economy, saying the mainland's slowdown and rising US-China tension could impact Thailand on exports, tourism, direct investment and property.

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BUSINESS

Trade takes another hit

Business, Published on 10/07/2023

» The value of Thai exports dipped for an eighth consecutive month in May, falling by 4.6% to US$24.3 billion, contributing to an overall decline of 5.1% to $116 billion in the first five months of this year.