Showing 1 - 10 of 152
Fitch sees 'very dim' path for GDP growth
Business, Pathom Sangwongwanich, Published on 20/01/2021
» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.
World Bank grim on GDP
Business, Pathom Sangwongwanich, Published on 10/06/2020
» The World Bank has slashed Thailand's GDP outlook for 2020 to a 5% contraction, a drastic cut from 2.7% growth projected previously, as supply chain disruptions and lockdown measures from the coronavirus crisis have triggered an economic downturn.
ASP: Slower growth and exports tether baht
Business, Pathom Sangwongwanich, Published on 09/06/2020
» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).
Court accepts Pace's petition
Business, Pathom Sangwongwanich, Published on 06/05/2020
» SET-listed Pace Development (PACE) and a wholly owned subsidiary have filed a business rehabilitation plan to continue development of a real estate project and transfer of ownership to customers.
SET rebound tops Asia-Pacific markets
Pathom Sangwongwanich, Published on 20/03/2020
» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.
US mulls listing Thailand as currency manipulator
Business, Pathom Sangwongwanich, Published on 02/01/2020
» Thailand could meet the three criteria of the US Treasury Department's foreign exchange report in the coming periods, possibly putting the country on a monitoring list of currency manipulators, says Siam Commercial Bank's Economic Intelligence Centre (EIC).
Baht veering to less than 30 against greenback next year
Business, Pathom Sangwongwanich, Published on 22/10/2019
» The baht's strengthening value could breach the band of 30 per US dollar next year, mainly because of Thailand's huge current account surplus, says Krungthai Asset Management (KTAM).
CP chief discusses automation
Business, Pathom Sangwongwanich, Published on 13/08/2019
» Adopting sophisticated technologies to drive operations is high on Charoen Pokphand (CP) Group's agenda, as one of Thailand's largest conglomerates works to enlarge its footprint during the fourth industrial revolution, says chief executive Suphachai Chearavanont.
Barriers, data dearth hamper Asian market
Business, Pathom Sangwongwanich, Published on 01/08/2019
» Despite healthy GDP growth, the Southeast Asian property market still has investment barriers and a lack of data, says Credit Suisse.
ADB lowers outlook for GDP growth
Business, Pathom Sangwongwanich, Published on 19/07/2019
» Thailand's GDP is set to grow by less than 4% this year and next after the first-quarter growth downturn and the sharp export slowdown provided a backdrop of subdued momentum going forward, says the Asian Development Bank (ADB).