Showing 1 - 10 of 30
KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
Allianz urges consolidating to innovate
Business, Pawee Sirimai, Published on 06/11/2017
» German insurer Allianz has urged more consolidation in order to develop and support innovation in the Thai insurance industry, especially for property and casualty insurance.
BoT chief puts focus on stability
Business, Pawee Sirimai, Published on 19/09/2017
» Bank of Thailand governor Veerathai Santiprabhob says the rate-setting committee must give weight to financial stability in deciding on the policy rate, in addition to short-term benefits.
BoT mulls further anti-speculation steps
Business, Pawee Sirimai, Published on 22/08/2017
» The Bank of Thailand may consider additional measures to curb baht speculation after occasional increases in the volume of foreign exchange transactions have been detected, says a senior official at the central bank.
Panel keeps rate, citing flimsy demand
Business, Pawee Sirimai, Published on 17/08/2017
» As expected, the Bank of Thailand's Monetary Policy Committee (MPC) kept its policy rate unchanged yesterday, saying the rate remains accommodative for economic recovery because domestic demand is not sufficiently broad-based.
Baht's sharp rise on BoT radar
Business, Pawee Sirimai, Published on 26/07/2017
» The Bank of Thailand has acknowledged the baht's rapid climb against the US dollar recently, a movement that it says warrants close monitoring.
Card usage dips as nation mourns King
Business, Pawee Sirimai, Published on 23/06/2017
» Visa expects to see spending growth curtailed this fiscal year as consumers have been reluctant to open their wallets during the mourning period that followed the late King's passing in October.
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.
KBank: Baht appreciation may have peaked in April
Business, Pawee Sirimai, Published on 17/05/2017
» The baht probably reached its strongest level in mid-April and will reverse course until the end of the year, says a senior official at Kasikornbank (KBank).
BoT: Bourse outflows to be expected
Business, Pawee Sirimai, Published on 12/05/2017
» Ongoing fund outflows from the Thai stock market are in line with the Bank of Thailand's expectations and the phenomenon is commonly seen in emerging markets, says the central bank chief.