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Search Result for “business executives”

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ADVANCED NEWS

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.

ADVANCED NEWS

Government control over central bank?

Jon Fernquest, Published on 20/02/2013

» Will long-term inflation control goals of central bank bow to govt belief that cutting rates will help weaken baht & exports?

ADVANCED NEWS

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.

ADVANCED NEWS

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.