Showing 1 - 10 of 14
Potential US rate rise puts brakes on fund inflows
Business, Pawee Sirimai, Published on 30/09/2017
» The influx of offshore funds into Thailand has slowed after the US Federal Reserve signalled another rate rise this year, says a senior Bank of Thailand official.
BoT relaxes capital curbs for flexibility
Business, Pawee Sirimai, Published on 05/09/2017
» The Bank of Thailand has further relaxed curbs on capital outflows with the goal of widening overseas investment opportunities for local investors, giving more flexibility to money changers and creating a balance of fund flows to weaken the strong baht.
Asean office issues rosy outlook for Thai growth
Business, Pawee Sirimai, Published on 13/06/2017
» The Asean+3 Macroeconomic Research Office (Amro) is upbeat that the Thai economy will remain on solid footing, and policymakers stand ready to adopt both fiscal and monetary policies to support the economy if needed.
EDC terminal installation misses mark
Business, Pawee Sirimai, Published on 09/06/2017
» The government's plan to completely install 560,000 credit and debit card-swiping terminals by the first quarter of next year could be delayed, says a senior Bank of Thailand official.
MPC warns economy on shaky ground
Business, Pawee Sirimai, Published on 08/06/2017
» Thailand's potential growth is likely to falter due to structural factors, some members of the Monetary Policy Committee (MPC) warned in edited minutes of the policy rate setter's meeting held last month.
BoT eases up on forex regulations
Business, Pawee Sirimai, Published on 06/06/2017
» The Bank of Thailand yesterday loosened a set of foreign exchange regulations, including allowing Thais to invest directly in securities abroad at an amount of up to $1 million a year, in a fresh bid to accommodate capital outflows, curb the appreciating baht (which briefly slipped below 34 to the US dollar) and make doing business easier.
MPC strikes measured tone in minutes
Business, Pawee Sirimai, Published on 13/04/2017
» Thai economic growth is still in the early stages and not yet broad-based, according to the edited minutes of the Monetary Policy Committee's (MPC) meeting on March 29.
Official: Baht surge fits fundamentals
Business, Pawee Sirimai, Published on 21/03/2017
» The strengthening baht is in line with the economy's fundamentals and no intervention by the central bank is needed, says a high-ranking finance official.
Outflows surge on US rate rise signal
Business, Pawee Sirimai, Published on 08/03/2017
» Hot money will keep flowing out of Thailand's bond market in anticipation of a US Federal Reserve rate hike this month, says a Maybank economist.
BoT governor: Thailand assets a safe haven
Business, Pawee Sirimai, Published on 24/02/2017
» Foreign investors are parking money in Thai assets in the short run because they see the baht as a safe haven backed by solid foreign reserves amid global market fluctuation, the central bank chief says.