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Search Result for “business movement”

Showing 1 - 10 of 46

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BUSINESS

Fitch sees 'very dim' path for GDP growth

Business, Pathom Sangwongwanich, Published on 20/01/2021

» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.

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BUSINESS

Exchange rates tipped for shaky 2021

Business, Pathom Sangwongwanich, Published on 08/01/2021

» Volatility and malleability are key themes for this year's foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand's surpluses in trade and current accounts, say economists.

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BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 18/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

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BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 17/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

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THAILAND

BoT moves to curb strengthening baht

News, Pathom Sangwongwanich, Published on 21/11/2020

» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.

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BUSINESS

SET rebound tops Asia-Pacific markets

Pathom Sangwongwanich, Published on 20/03/2020

» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.

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BUSINESS

CP chief discusses automation

Business, Pathom Sangwongwanich, Published on 13/08/2019

» Adopting sophisticated technologies to drive operations is high on Charoen Pokphand (CP) Group's agenda, as one of Thailand's largest conglomerates works to enlarge its footprint during the fourth industrial revolution, says chief executive Suphachai Chearavanont.

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BUSINESS

SEC: Bitcoin futures are kosher

Business, Pathom Sangwongwanich, Published on 11/01/2018

» Despite allowing Thai investors to speculate on bitcoin via an international global derivatives trading service, the Securities and Exchange Commission (SEC) has insisted bitcoin futures is a regulated futures contract even as bitcoin itself is not legal tender in Thailand.

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THAILAND

'No way' Thailand is a currency manipulator

Business, Pathom Sangwongwanich, Published on 26/06/2017

» Thailand's risk of being labelled a currency manipulator by the US is "de minimis" or unlikely as the baht movement is in line with other Asian currencies, says an executive at Citibank.

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BUSINESS

Inclusiveness the cure for what ails globalisation

Asia focus, Pathom Sangwongwanich, Published on 20/02/2017

» Inclusive development policies designed for different groups in society will be the key to making globalisation work the way it was intended to, says a banking executive.