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Showing 41 - 50 of 158

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BUSINESS

PIER: Declining unity may hit growth

Business, Somruedi Banchongduang, Published on 15/10/2021

» The Bank of Thailand's Puey Ungphakorn Institution for Economic Research (PIER) believes the country's differences of opinion could have an effect on future Thai economic growth as people's trust in one another declined over a 10-year period.

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BUSINESS

BoT chief forecasts unequal recovery

Business, Somruedi Banchongduang, Published on 01/10/2021

» Economic inequality is expected to widen after the outbreak is controlled because lower-income earners will likely continue to suffer from the impact of the pandemic during an uneven recovery, says Bank of Thailand governor Sethaput Suthiwartnarueput.

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BUSINESS

BoT sees uptick in fourth quarter

Business, Somruedi Banchongduang, Published on 30/09/2021

» The Bank of Thailand believes the economy bottomed out in the third quarter and should gradually pick up from the fourth quarter thanks to progress in the vaccination rollout and earlier than expected relaxation of the government's containment measures.

BUSINESS

Titans of industry up growth outlook

Business, Somruedi Banchongduang, Published on 02/09/2021

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes new daily infections peaked in August and upgraded its economic growth projection for the country as a result.

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BUSINESS

BoT says confidence key to spurring recovery

Business, Somruedi Banchongduang, Published on 01/09/2021

» Public confidence will be a key factor in boosting the economy after the government eased its strict Covid-19 pandemic restrictions, according to an executive at the Bank of Thailand (BoT).

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BUSINESS

BoT details blueprint for digital currency

Business, Somruedi Banchongduang, Published on 20/08/2021

» The Bank of Thailand plans to test its Retail Central Bank Digital Currency (Retail CBDC) in next year's second quarter, allowing all related parties to participate in the testing process.

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BUSINESS

MPC raises alarm on headwinds

Business, Somruedi Banchongduang, Published on 19/08/2021

» The Bank of Thailand is concerned about business closures and layoffs attributed to the prolonged Covid-19 outbreak, which is adding significant downside risks to the economy.

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BUSINESS

BoT cuts 2021 GDP rise to 0.7%

Business, Somruedi Banchongduang, Published on 05/08/2021

» The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country's economy since the central bank conducted its earlier projection.

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BUSINESS

Calls for rate cut to relieve pandemic woes

Business, Somruedi Banchongduang, Published on 03/08/2021

» Economists are urging Thailand's central bank to cut interest rates this week to support the economy amid rising downside risks.

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BUSINESS

KKP forecasts demand for debt assistance likely to skyrocket

Business, Somruedi Banchongduang, Published on 30/07/2021

» Kiatnakin Phatra Financial Group (KKP), a holding company of Kiatnakin Bank, expects a large number of customers to request financial assistance due to the prolonged pandemic.