Showing 1 - 10 of 55
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.
BoT 'suppressed baht' to bolster exports: KBank
Business, Somruedi Banchongduang, Published on 14/07/2017
» The Bank of Thailand intervened in the currency market last week in what was believed to be an attempt to prevent the baht strengthening so as to stop export recovery momentum stalling, according to a senior official at Kasikornbank (KBank).
Potential slowdown stirs fears
Business, Phusadee Arunmas, Published on 07/12/2016
» With the sluggish economy and poor export performance in the second half, the business sector is concerned that Thai economic growth may fail to reach 3.3-3.5% as forecast.
Foreign direct investment collapses
Business, Post Reporters, Published on 02/08/2016
» Foreign direct investment (FDI) in Thailand in the first half of the year fell by more than 90% in value to the lowest mark in over a decade at US$347 million, reports the Bank of Thailand.
Economic slump could last 5 years
Business, Published on 15/10/2015
» It could take at least five years for the Thai economy to get through the current vicious cycle, says former central bank chairman Virabongsa Ramangkura.
Q2 growth of less than 3% foreseen
Business, Pathom Sangwongwanich, Published on 11/08/2015
» Second-quarter figures are expected to show the economy expanded at a weaker pace than in the first quarter, at less than 3% year-on-year.
MPC keeps policy rate on hold
Business, Published on 06/08/2015
» The Bank of Thailand's Monetary Policy Committee (MPC) kept its policy interest rate unchanged Wednesday for a second straight meeting.
Investors feel the pain
Business, Published on 28/07/2015
» Thai shares tumbled 1.78% Monday, rattled by the biggest one-day slump in Chinese shares in eight years and the worst Thai exports in three years and six months.
Gold price continues downward trend
Online Reporters, Published on 12/09/2014
» Gold prices continued to fall on Friday, with projections that ingots could even go as low as 17,000 baht per baht-weight, according to the Gold Research Centre, if the US Federal Reserve raises the policy interest rate in December.
Offshore fund flight on the cards
Business, Darana Chudasri, Published on 09/04/2014
» At least 100 billion baht in net offshore funds is expected to flee the Thai bond market this year, pressured by local political tensions, the gloomy economic outlook, a potential sovereign rating cut and the US Federal Reserve's tapering of asset purchases, says the Thai Bond Market Association (TBMA).