Showing 51 - 60 of 295
Baht, Asia’s best-performing currency, faces reversal
Bloomberg News, Published on 23/12/2019
» The baht’s heady gains are petering out, thanks to slowing growth and a central bank that’s bent on taming the currency’s strength.
Prayut urges ‘spending in dollars’
Bloomberg News, Published on 02/12/2019
» Prime Minister Prayut Chan-o-cha said the nation has to think about expenditure in dollars to help weaken its currency.
Prayut says Thailand should ‘spend in dollars’ to weaken baht
Bloomberg News, Published on 02/12/2019
» Prime Minister Prayut Chan-o-cha said the nation has to think about expenditure in dollars to help weaken its currency.
Bank of Thailand has limited scope to curb baht: World Bank
Bloomberg News, Published on 08/10/2019
» The Bank of Thailand has limited scope to tackle baht strength but the currency’s climb is a sign of investor confidence in the country’s economic fundamentals, according to the World Bank.
New ports lure Asia’s biggest cruise ship to the Philippines
Bloomberg News, Published on 08/10/2019
» MANILA: The Philippines, a country of more than 7,600 islands where you’re rarely more than a few miles from the sea, wants a bigger slice of Asia’s growing cruise-tourism industry.
Bank of Thailand holds interest rate, downgrades growth outlook
Bloomberg News, Published on 25/09/2019
» The Bank of Thailand (BoT) left its benchmark interest rate unchanged after last month’s surprise reduction, and said it may consider steps to rein in the currency’s strength as economic growth weakens.
Uttama sees scope for fiscal support, lower interest rates
Bloomberg News, Published on 28/08/2019
» The government is ready to take further action to support an economy growing at its slowest pace in nearly five years, and sees room for further interest-rate cuts, the finance minister said.
Baht shrugs off rate cut
Bloomberg News, Published on 08/08/2019
» The baht is defying the conventional wisdom that an interest-rate cut spurs weakness in a currency.
Bank of Thailand sees more room to ease after surprise rate cut
Bloomberg News, Published on 07/08/2019
» The Bank of Thailand unexpectedly cut its benchmark interest rate Wednesday for the first time in more than four years to boost the economy, and said it sees more room to ease as global risks surge.
Baht seen as SE Asia’s ‘safest bet’
Bloomberg News, Published on 06/08/2019
» SINGAPORE: The currency that was at the epicentre of the 1997 Asian financial crisis is emerging as the region’s safest bet.