Showing 1 - 10 of 72
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.
Recovery unlikely until 2022
Business, Pathom Sangwongwanich, Published on 08/12/2020
» Thailand's economy is forecast for clear recovery momentum in 2022 as domestic demand will remain weak in 2021, says CIMB Thai Bank (CIMBT).
BoT moves to curb strengthening baht
News, Pathom Sangwongwanich, Published on 21/11/2020
» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.
Asset managers get provident fund info
Business, Pathom Sangwongwanich, Published on 09/05/2020
» The capital market regulator has notified asset management firms of a ministerial mandate to permit employers to temporarily delay or halt provident fund contributions during the coronavirus crisis.
US mulls listing Thailand as currency manipulator
Business, Pathom Sangwongwanich, Published on 02/01/2020
» Thailand could meet the three criteria of the US Treasury Department's foreign exchange report in the coming periods, possibly putting the country on a monitoring list of currency manipulators, says Siam Commercial Bank's Economic Intelligence Centre (EIC).
ADB lowers outlook for GDP growth
Business, Pathom Sangwongwanich, Published on 19/07/2019
» Thailand's GDP is set to grow by less than 4% this year and next after the first-quarter growth downturn and the sharp export slowdown provided a backdrop of subdued momentum going forward, says the Asian Development Bank (ADB).
SEC fines IFEC execs for insider trades
Business, Pathom Sangwongwanich, Published on 24/08/2018
» The Securities and Exchange Commission (SEC) has imposed civil fines on current and former executives of Inter Far East Energy Corporation Plc (IFEC) on grounds of insider trading.
Regulator raps IFEC boss for thwarting meetings
Business, Pathom Sangwongwanich, Published on 29/06/2018
» The Securities and Exchange Commission (SEC) says it has proof that Suphanan Rittiphairoj, chief executive and director of embattled Inter Far East Energy Corporation Plc (IFEC), has a tendency to obstruct the company's meetings to prevent the selection process of new directors.
SEC lays charges against Energy Earth
Business, Pathom Sangwongwanich, Published on 13/06/2018
» Financially beleaguered Energy Earth Plc (EARTH) has been accused by the Securities and Exchange Commission (SEC) of falsifying details related to its actual level of indebtedness in an attempt to conceal information from investors and justify entering a business rehabilitation plan.
IFEC ordered to hold meeting
Business, Pathom Sangwongwanich, Published on 08/06/2018
» The Securities and Exchange Commission (SEC) has ordered embattled Inter Far East Energy Corporation Plc (IFEC) to immediately hold a shareholders' meeting to proceed with selecting new directors and resume the company's operations.