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BUSINESS

Standing its ground

Business, Parista Yuthamanop, Published on 03/01/2013

» The Pheu Thai Party-led government's rice pledging scheme has faced a barrage of criticism among pundits, who have come up with several versions of calculated losses that will later become public debt.

BUSINESS

Purchasing power predicts purple patch for 2012

Business, Parista Yuthamanop, Published on 01/09/2012

» Consumer purchasing power strengthened in July and should continue doing so, a promising trend that will ease the impact from the global economic downturn, says the Bank of Thailand.

BUSINESS

BoT commits to targeting framework

Business, Parista Yuthamanop, Published on 18/08/2012

» The Bank of Thailand's concept of targeting inflation using interest rates remains the most suitable framework for the country, says Prasarn Trairatvorakul, the central bank governor.

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BUSINESS

Monetary policy shift looms on low inflation

Business, Parista Yuthamanop, Published on 04/07/2012

» Economic woes in the US and the euro zone could weaken global demand for commodities and shift the focus of Thai monetary policy towards growth and away from controlling inflation, says the central bank.

BUSINESS

Thai rice loses price competitiveness

Business, Parista Yuthamanop, Published on 01/05/2012

» Thai rice exports fell by 63% year-on-year in March as the government rice mortgage programme pushed prices well above competitors such as India and Vietnam, according to a senior Bank of Thailand official.

BUSINESS

UBS: QE3 unlikely amid strong US growth

Business, Parista Yuthamanop, Published on 04/04/2012

» Increasing bank lending and stronger consumer purchasing power in the United States could lead the Federal Reserve to call off another round of asset purchases, says UBS.

BUSINESS

Prasarn issues warning on public debt

Business, Parista Yuthamanop, Published on 15/03/2012

» Public debt could reach the central bank's self-imposed ceiling by 2019 without streamlining spending or increasing tax collections, says Prasarn Trairatvorakul, the Bank of Thailand governor.

BUSINESS

BoT: US$140 Dubai crude not a threat

Business, Parista Yuthamanop, Published on 14/03/2012

» The Bank of Thailand said yesterday the current price of oil will not drive inflation forward, leading analysts to believe the Monetary Policy Committee (MPC) will not increase the policy interest rate from 3% when it meets later this month.