Showing 11 - 20 of 187
MPC edgy but maintains rate
Business, Parista Yuthamanop, Published on 04/04/2013
» The Monetary Policy Committee (MPC) yesterday voiced stronger concern over the brisk trade in property and equities and the surge in bank credit but still kept its policy interest rate unchanged at 2.75%.
BoT demands clarity on zero-interest mortgages
Business, Parista Yuthamanop, Published on 03/04/2013
» The Bank of Thailand has asked banks to clarify the interest burden on its proliferated zero-interest mortgage campaigns to customers.
Spillover of Cyprus shock warned
Business, Parista Yuthamanop, Published on 03/04/2013
» The confidence shock in Cyprus could soon spill over to other economies and threaten the euro zone's recovery, says a senior economist at the Institute of International Finance (IIF).
Government's 2-trillion-baht spending bill slated for August
Business, Parista Yuthamanop, Published on 02/04/2013
» The Finance Ministry expects a bill empowering the government to borrow 2 trillion baht over the next seven years for infrastructure projects will take effect by August, barring delays for judicial challenges.
BoT blames short month for contraction
Business, Parista Yuthamanop, Published on 30/03/2013
» Fewer working days in February resulted in a temporary drop in domestic spending, exports and manufacturing during the month, says the Bank of Thailand.
Bond market chief sees no need for rate cut
Business, Parista Yuthamanop, Published on 27/03/2013
» The Monetary Policy Committee may not need to cut the policy interest rate after all even though an influx of speculative foreign funds has caused volatility and the baht appreciation, according to the Thai Bond Market Association (TBMA).
TDRI pinpoints government budget borrowing loopholes
Business, Parista Yuthamanop, Published on 26/03/2013
» The existing fiscal regulations have loopholes that might allow the government to create excessive debts, say Thailand Development Research Institute's economists.
Authorities play it cool
Business, Parista Yuthamanop, Published on 22/03/2013
» The Bank of Thailand and the Finance Ministry have shown great tolerance for the surge in the baht, which yesterday touched 29.09 to the US dollar, yet another post-1997 high.
BoT chief not troubled by strong baht
Parista Yuthamanop, Published on 20/03/2013
» The Bank of Thailand has no grave concerns about the quick appreciation of the baht over the past two days, central bank governor Prasarn Trairatvorakul said on Wednesday.
Fitch: Public debt commitment key
Business, Parista Yuthamanop, Published on 19/03/2013
» The upgrade of Thailand's credit rating reflects the government's clearer stance of keeping the public debt target by reducing money spent on either the rice subsidy programme or government official welfare, says Fitch Ratings.