Showing 131 - 140 of 148
Protests fail to deter foreign banks
Business, Pathom Sangwongwanich, Published on 05/12/2013
» Foreign banks with branches in Thailand are still keen on setting up subsidiaries here despite political turbulence.
BoT sees green shoots of recovery in Q4
Business, Pathom Sangwongwanich, Published on 01/11/2013
» Economic growth in the fourth quarter is expected to improve after the third quarter showed signs of recovery on the back of steady domestic consumption and private investment, says the Bank of Thailand.
BoT urges companies to invest abroad
Business, Pathom Sangwongwanich, Published on 25/10/2013
» Thai outbound direct investment for the first eight months is estimated at US$5.5 billion, down from $7.8 billion in the same period last year, a Bank of Thailand official said yesterday.
MPC expected to keep 2.5% policy rate
Business, Pathom Sangwongwanich, Published on 15/10/2013
» The Bank of Thailand's Monetary Policy Committee (MPC) is expected to keep its policy rate at 2.5% at tomorrow's meeting as concerns loom over the US debt crisis and the Federal Reserve's tapering, while Thailand's rising household debt will limit the scope of monetary easing amid lacklustre growth.
UOB: Household debt the main danger
Business, Pathom Sangwongwanich, Published on 30/08/2013
» Thailand's swelling household debt must be monitored, as consumer leverage could be at the root of a downturn in next year's economic growth, warns Singapore's United Overseas Bank (UOB).
No quick fix in store for soaring debt
Business, Pathom Sangwongwanich, Published on 19/08/2013
» Despite the swelling household debt level, the Bank of Thailand has not planned any immediate measures to address the problem for fear of aggravating the already sluggish economy.
Megaproject benefits 'mainly long term'
Business, Pathom Sangwongwanich, Published on 05/08/2013
» The government's 2-trillion-baht infrastructure megaprojects will have little immediate effect on stimulating the economy, as the overall benefits will become visible only upon their completion, says a financial analyst.
Bank of Thailand foresees stronger Q3
Business, Pathom Sangwongwanich, Published on 01/08/2013
» Thai economic growth in the third quarter will likely expand at a higher pace than in the second quarter, as a gradual recovery in developed economies, particularly the US, can help to raise exports, says a Bank of Thailand official.
External factors hurt locally
Business, Pathom Sangwongwanich, Published on 24/07/2013
» Despite the nascent economic recovery in the US and Europe, the Thai economy still faces lingering global financial market volatility in the second half, says Bank of Thailand governor Prasarn Trairatvorakul.
BoT revises down full-year growth forecast to 4.2%
Business, Pathom Sangwongwanich, Published on 20/07/2013
» The Bank of Thailand has slashed this year's economic growth forecast to 4.2% due to tepid domestic consumption and the fragile state of the global economic recovery but said rising household debt limits the scope for a policy rate cut.