Showing 1 - 10 of 13
Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
Stock exchange: Punishing share price manipulators
Jon Fernquest, Published on 23/04/2013
» Criminal laws exist but not enforced so first step: quick fines & warning to protect public, then criminal penalties for repeat offenders.
SET index dives 50.55 points
Published on 22/03/2013
» Thai stocks plunged 3.3% on Friday, their biggest one-day decline since October 2011, on investor concern that regulators may increase margin requirements for trading to curb speculation.
Anti-money laundering blacklist spells trouble
Jon Fernquest, Published on 22/05/2012
» With Thailand thrown on an international financial blacklist, difficulties sending money places, opening bank accounts & higher interest rates all likely.
Govt rice prices ignore global markets: Road to ruin?
Jon Fernquest, Published on 21/05/2012
» Paying for rice far above world market prices, govt may be destroying Thailand's rice sector & handing leadership to India & Vietnam.
Virabongsa as central bank chairman: Conflict ahead?
Jon Fernquest, Published on 15/05/2012
» Appointment of economist pushing for big changes (monetary policy, foreign reserves, sovereign wealth fund) may lead to conflicts.
Central bank: New revenue hunt
Jon Fernquest, Published on 15/02/2012
» 24 years still likely to pay off FIDF 1997 crisis debt recently shifted to Bank of Thailand in possibly unconstitutional bypassing of parliament by executive decree.
New tax on bank deposits
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.
Govt debt to disappear
Jon Fernquest, Published on 28/12/2011
» 1.14 trillion baht in govt debt from 1997 crisis to be erased immediately by shifting off balance sheet to Bank of Thailand.