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Search Result for “china”

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BUSINESS

Deloitte warns of imbalances

Business, Pathom Sangwongwanich, Published on 18/11/2015

» A substantial rise in household debt and non-performing loans (NPLs) are the major cause of financial imbalances for Thailand's banking sector, says financial research and consultancy Deloitte Touche Tohmatsu Jaiyos Advisory Co.

BUSINESS

Baht nosedives as investors bet on Fed rate increase

Business, Pathom Sangwongwanich, Published on 10/11/2015

» The baht weakened yesterday to just shy of 36 to the US dollar as the latter gained, with investors raising their bets on monetary tightening in the world's largest economy next month following strong US jobs figures.

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BUSINESS

BoT: Subtle signs of an uptick

Business, Pathom Sangwongwanich, Published on 31/10/2015

» Thailand’s economic recovery momentum continued slowly in the third quarter, driven mainly by private sector consumption and investment, as external downside risks still cloud the country’s growth outlook, says the Bank of Thailand.

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BUSINESS

Markets uneasy as baht stabilises, euro weakens

Business, Pathom Sangwongwanich, Published on 27/10/2015

» The baht recorded stability amid two important monetary policy deliberations in China and Europe in the past week, but the market remains concerned about emerging economies' growth, says the Bank of Thailand.

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BUSINESS

Tepid waters through 2017 for country's economic prospects

Business, Pathom Sangwongwanich, Published on 12/10/2015

» Thailand's economic growth outlook is expected to remain lukewarm in the next two years as slower global trade and fragile external demand hinder the country's export upturn, says Standard and Poor's Ratings Services (S&P).

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BUSINESS

BoT, ADB slash 2015 forecasts

Business, Pathom Sangwongwanich, Published on 26/09/2015

» The Bank of Thailand and the Asian Development Bank (ADB) yesterday cut their Thai economic growth forecasts for this year and next.

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BUSINESS

HSBC: Thai labour productivity stumbles

Business, Pathom Sangwongwanich, Published on 21/09/2015

» The Thai economy's long-term growth potential has entered a "new normal" stage with a lower trajectory as labour productivity ebbs and investment falters, says an Asean economist.

BUSINESS

High reserves can stem capital flight

Business, Pathom Sangwongwanich, Published on 18/09/2015

» Thailand's sound capital buffer -- high foreign reserves -- will help prevent a massive flight from the capital market if the US Federal Reserve (Fed) decides to raise its policy interest rate for the first time in nearly a decade, says the Bank of Thailand's chief.

BUSINESS

MPC maintains policy rate, slashes growth outlook

Business, Pathom Sangwongwanich, Published on 17/09/2015

» The Bank of Thailand's rate-setting committee kept the policy rate unchanged yesterday, but affirmed this year's economic growth will come in below 3% despite a flurry of recent government stimulus measures.

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BUSINESS

Baht sinks to lowest level since 2009

Business, Pathom Sangwongwanich, Published on 08/09/2015

» The baht yesterday slipped beyond the 36-mark against the US dollar to hit a six-and-a-half-year low, tracking retreats of other regional currencies as investors bet the US Federal Reserve will lift its near-zero interest rates this month.