Showing 1 - 10 of 35
Pandemic, e-commerce to influence headline inflation
Business, Pathom Sangwongwanich, Published on 13/01/2021
» Though domestic headline inflation is expected to return to the target band in mid-2021, upcoming inflation dynamics will be marred by changes in the global economic system from the pandemic and e-commerce business, says the Bank of Thailand.
MPC: Growth may fall below forecast
Business, Pathom Sangwongwanich, Published on 07/01/2021
» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.
World Bank grim on GDP
Business, Pathom Sangwongwanich, Published on 10/06/2020
» The World Bank has slashed Thailand's GDP outlook for 2020 to a 5% contraction, a drastic cut from 2.7% growth projected previously, as supply chain disruptions and lockdown measures from the coronavirus crisis have triggered an economic downturn.
GL posts huge loss for 2017
Business, Pathom Sangwongwanich, Published on 03/03/2018
» Financially beleaguered Group Lease (GL) Plc yesterday reported a consolidated net loss of 1.82 billion baht last year as a result of capital allowance set up for a potential loss on asset revaluation.
Overseas sales boost CPF revenue
Business, Pathom Sangwongwanich, Published on 15/11/2017
» Charoen Pokphand Foods Plc (CPF), Thailand's largest food producer, reported yesterday 8% year-on-year growth in sales revenue for the first nine months buoyed by sales from overseas operations.
Life without TPP
Asia focus, Pathom Sangwongwanich, Published on 02/01/2017
» When Donald Trump enters the Oval Office in January, it is very likely that the Trans-Pacific Partnership (TPP) will be among the first casualties in the new US Congress controlled by his Republican Party. Modern-day Republicans think free-trade agreements have hurt the US manufacturing sector and caused Americans to lose their jobs.
Rupee ripples
Asia focus, Pathom Sangwongwanich, Published on 05/12/2016
» Taking high-value banknotes out of circulation to curb corruption and counterfeiting might seem like a worthy idea, but India's experience has shown that good intentions need to be backed with credible planning.
Curb your export enthusiasm
Asia focus, Pathom Sangwongwanich, Published on 03/10/2016
» Last Monday started off with a big bang, as Thai exports made headlines at home and abroad. Everyone, including myself, was caught off guard when the Commerce Ministry reported that the US dollar value of Thai exports rose by 6.5% year-on-year in August to $18.82 billion -- the most growth in five months.
Thai stocks up on Japan's massive stimulus package
Business, Pathom Sangwongwanich, Published on 28/07/2016
» Thai shares yesterday joined in Asian stock market gains after Japan's Prime Minister Shinzo Abe unveiled a stimulus package of more than ¥28 trillion (9 trillion baht), exceeding initial estimates of ¥20tn.
Fears over lacklustre investment
Business, Pathom Sangwongwanich, Published on 26/07/2016
» Despite the robust pace of public investment, private investment has been subpar, while a change in government policies is needed to upgrade Thailand's competitiveness, say analysts.