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Search Result for “asia”

Showing 81 - 90 of 152

BUSINESS

UN agency cuts Thai GDP view

Business, Pathom Sangwongwanich, Published on 15/01/2016

» Thailand's economic growth outlook this year has been sliced to 3.5% due to headwinds from swelling household debt and China's economic slowdown, according to the United Nations Economic and Social Commission for Asia and the Pacific (Escap).

BUSINESS

Analysts see conditional growth in 2016

Business, Pathom Sangwongwanich, Published on 23/12/2015

» Thailand's economic momentum is expected to continue next year but at a gradual pace and be dependent on the government's infrastructure megaprojects, say economists.

BUSINESS

Baht-ringgit settlement due to start in coming quarter

Business, Pathom Sangwongwanich, Published on 23/12/2015

» Direct local currency settlement between the baht and the Malaysian ringgit will come into effect in next year's first quarter as the selection process for designated commercial banks progresses, says a Bank of Thailand senior official.

BUSINESS

Deloitte warns of imbalances

Business, Pathom Sangwongwanich, Published on 18/11/2015

» A substantial rise in household debt and non-performing loans (NPLs) are the major cause of financial imbalances for Thailand's banking sector, says financial research and consultancy Deloitte Touche Tohmatsu Jaiyos Advisory Co.

BUSINESS

Baht nosedives as investors bet on Fed rate increase

Business, Pathom Sangwongwanich, Published on 10/11/2015

» The baht weakened yesterday to just shy of 36 to the US dollar as the latter gained, with investors raising their bets on monetary tightening in the world's largest economy next month following strong US jobs figures.

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BUSINESS

No rate change expected this time round

Business, Pathom Sangwongwanich, Published on 02/11/2015

» The Bank of Thailand's Monetary Policy Committee (MPC) is expected to keep its policy interest rate unchanged next Wednesday, but another rate cut before year-end cannot be ruled out given tepid economic conditions, say economists.

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BUSINESS

Buyer beware

Business, Pathom Sangwongwanich, Published on 02/11/2015

» Using a credit card for your daily shopping or that occasional spree is a convenient form of payment. But think twice before gaily handing over your card to the counter cashier, for criminals and swindlers have been honing their skills to fraudulently get their hands on other people's credit cards.

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BUSINESS

Structural reform 'will help growth'

Business, Pathom Sangwongwanich, Published on 02/11/2015

» Thailand's economic recovery is expected to gain traction in the final quarter due to effects from the government's stimulus packages, but structural reform is still needed to enhance the country's growth prospects, say economists.

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BUSINESS

Thailand slides in global ranks

Business, Pathom Sangwongwanich, Published on 29/10/2015

» Thailand's global ranking for the ease of doing business has fallen three places to 49th mainly due to lower scores associated with starting a business and getting credit, according to the World Bank's latest report.

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BUSINESS

Tepid waters through 2017 for country's economic prospects

Business, Pathom Sangwongwanich, Published on 12/10/2015

» Thailand's economic growth outlook is expected to remain lukewarm in the next two years as slower global trade and fragile external demand hinder the country's export upturn, says Standard and Poor's Ratings Services (S&P).