Showing 1 - 10 of 134
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.
TMBAM initiates rebates for 4 cancelled funds
Business, Pathom Sangwongwanich, Published on 31/03/2020
» TMBAM Eastspring began allocating the first rebate of investors' money yesterday after terminating four fixed-income funds last week, with hopes the process will be completed within 90 days.
Bank of Thailand: More than one solution
Business, Pathom Sangwongwanich, Published on 03/03/2020
» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.
Goldman Sachs says 2020 global recession unlikely
Business, Pathom Sangwongwanich, Published on 14/11/2019
» Despite the manufacturing sector's troubles and Sino-US trade tensions, the prospects of a global economic recession occurring next year are low as fundamentals drivers of growth in major economies still remain healthy, says Goldman Sachs Asset Management.
MPC details path to higher interest rate
Business, Pathom Sangwongwanich, Published on 29/11/2018
» The Bank of Thailand is set to begin raising the policy interest rate once economic growth and inflation move within their targets because financial vulnerabilities have started to become more widespread, in part because of the prolonged low interest rate.
Specialist argues for LTF deductions
Business, Pathom Sangwongwanich, Published on 20/10/2018
» A move to end the tax deductions for long-term equity funds (LTFs) could severely affect Thailand's stock market as the global stock market bull run is poised to dissipate in 2020, says a mutual fund specialist.
Interest rate hikes to deliver slow burn
Business, Pathom Sangwongwanich, Published on 17/10/2018
» Despite the prospect of higher interest rates in Thailand, borrowers across the board are unlikely to be hurt because the pass-through effect for rate hikes takes time to surface, says Kasikorn Research Centre (K-Research).
World Bank sees growth let-up
Business, Pathom Sangwongwanich, Published on 07/06/2018
» Thailand's GDP growth is forecast at 3.8% for both 2019 and 2020, down from an expected 4.1% this year, the World Bank says, citing the gradual structural slowdown in China.
Trilateral currency settlement pact agreed
Business, Pathom Sangwongwanich, Published on 12/12/2017
» The Bank of Thailand together with Bank Indonesia (BI) and Bank Negara Malaysia (BNM) on Monday announced the launch of a local currency settlement framework between them to promote trade and investment trilaterally.
Debt 'gorilla' holding back economic growth
Asia focus, Pathom Sangwongwanich, Published on 07/08/2017
» Besides lower productivity output and greying demographics, alarming debt levels in the public and private sectors worldwide are undermining buoyant economic growth prospects, says a senior executive of Allianz Global Investors.