Showing 1 - 10 of 57
Baht volatility against the dollar exceeds regional peers
Business, Somruedi Banchongduang, Published on 10/09/2024
» The baht has been exhibiting a greater degree of volatility against the US dollar than its regional peers, mainly due to market expectations of a US policy rate cut and Thailand's gold imports.
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.
Index posts 12-month high in June
Business, Somruedi Banchongduang, Published on 02/07/2024
» The manufacturing sector posted its highest growth in a year last month, driven by rising manufacturer confidence, according to S&P Global.
Central bank predicts growth will ease in final two quarters
Business, Somruedi Banchongduang, Published on 27/06/2024
» The Bank of Thailand (BoT) expects slower economic growth in the third and fourth quarters this year on a quarterly basis, citing a high base effect.
Central bank unfazed by factory closures
Business, Somruedi Banchongduang, Published on 18/06/2024
» The Bank of Thailand says new business registrations still outnumber factory and business closures, with no adverse impact yet on the country's employment figures.
BoT: Baht to reverse course in H2
Business, Somruedi Banchongduang, Published on 01/05/2024
» The baht depreciation softened in April, supported by the Thai economy's improving momentum, while a central bank executive expects the local currency to strengthen in the second half of this year.
Krungsri Research upbeat on economic forecast for Q1
Business, Somruedi Banchongduang, Published on 24/02/2024
» Krungsri Research forecasts the Thai economy will not enter a technical recession as the outlook improved for the first quarter this year.
BoT puts last quarter GDP growth at 3.7%
Somruedi Banchongduang, Published on 30/11/2023
» The Bank of Thailand (BoT) predicts gross domestic product (GDP) growth of 3.7% in the final quarter this year, attributed to the low-base effect amid a continued recovery driven by private consumption and tourism.
Bank of Thailand united in holding rates steady
Somruedi Banchongduang, Published on 29/11/2023
» The Monetary Policy Committee (MPC) of the Bank of Thailand (BoT) on Wednesday voted unanimously to maintain its policy rate at 2.5%, the highest level in a decade, following a series of rate hikes since August last year, with the 2024 GDP growth projected to be in the range of 3.2-3.8%.
BBL, The Mall offer co-branded cards
Business, Somruedi Banchongduang, Published on 26/10/2023
» Bangkok Bank (BBL) aims to expand its retail banking business via a collaboration with The Mall Group Co, offering a full range of financial services to the large corporation.