Showing 1 - 10 of 114
Govt continues to push rate cuts
News, Phusadee Arunmas, Published on 25/09/2024
» The Finance Ministry and the Bank of Thailand (BoT) will meet next week to discuss the strong baht and the country's inflation target as the government continues to push for interest rate cuts.
Parliament approves B3.75tn budget as Paetongtarn takes power
Published on 06/09/2024
» The House of Representatives has passed a 3.75 trillion baht budget for the fiscal year starting October, which will allow newly-appointed Prime Minister Paetongtarn Shinawatra to lift state spending to accelerate a nascent economic recovery.
PM piles pressure on BoT
News, Phusadee Arunmas, Published on 07/02/2024
» The Bank of Thailand's (BoT) monetary policy committee (MPC) has come under pressure today following Prime Minister Srettha Thavisin's public call for a 25 basis point rate cut.
China's strong economy drives global oil consumption
Published on 27/03/2023
» Entering 2023, the price of crude oil is stable slightly lower than last year, the Russia-Ukraine war continues into the 2nd year, and China has returned to open the country which tends to increase oil demand. However, what affects the price of oil is not just the fundamental factors of oil production or consumption, but also economic and financial aspects that are linked to fund flows. At present, investors are concerned about the monetary policy of the Federal Reserve (Fed) that if the policy rate is raised higher for longer than expected, it will cause a sell-off of risk assets including oil. From December 2022 until now, the price of ICE Brent crude oil has never moved above $90 per barrel, compared to last year when the price exceeded $100 per barrel from March-August 2022 and even exceeded $128 per barrel for a while.
InnovestX reveals investment strategies for 2023
Published on 21/12/2022
» Focusing on rebounding Thai economy and China’s reopening theme, with SET Index targeted at 1,750 points
Govt calls for more investment
News, Wichit Chantanusornsiri, Published on 07/06/2022
» Finance Minister Arkhom Termpittayapaisith yesterday urged people to invest in the kingdom while the economy is on an upward trend and the Bank of Thailand (BoT) is trying to maintain a favourable policy interest rate to support growth.
EU opens borders to 'safe' countries including Thailand
Published on 01/07/2020
» The European Union agreed Tuesday to reopen its borders to 15 countries excluding the virus-stricken US, as the pandemic accelerated globally with more than 505,000 deaths worldwide.
HOROLOGICAL MACHINE N°10 ‘BULLDOG’
Published on 30/03/2020
» The relationship between man and watch is as nuanced as the one between man and dog.
G-20 leaders wary of trade war sapping growth
Kyodo News, Published on 28/06/2019
» OSAKA: Many leaders of the Group of 20 leading economies on Friday expressed concerns over an escalating trade war between the United States and China, identifying it as a major downside risk to the global economy, along with geopolitical tensions in the Middle East.
Vaccine provision from G7 countries is expected to encompass a surge in demand for and consumption of oil around the world, PTT analysts reveal their forecast and strategies of the world’s key players to tackle the market.
Published on 23/06/2019
» COVID-19 outbreak has severely contracted global economy as well as oil demand. In order to cope with the pandemic, several measures have been utilized such as social distancing, cities or countries lockdown and vaccination.