Showing 21 - 30 of 35
Consumption fall ‘surprising’
Business, Pathom Sangwongwanich, Published on 28/02/2015
» With tumbling oil prices expected to bolster private consumption, last month’s contraction in consumption came as a surprise, says a senior Bank of Thailand official.
BoT: Banks prep for debt
Business, Pathom Sangwongwanich, Published on 25/10/2014
» It could take time for the country's swelling household debt to drop as consumers accumulated it over a number of years. But commercial lenders have already tightened their loan approval process, says Bank of Thailand spokesman Chirathep Senivongs Na Ayudhya.
KResearch: 4% growth possible in 2015
Business, Pathom Sangwongwanich, Published on 11/10/2014
» The Thai economy is likely to grow by 1.6% this year amid falling exports and a bleak tourism recovery, but public investment, domestic consumption and a rebound in shipments should boost next year's growth rate to 4%, says Kasikorn Research Center (KResearch).
Recovery gains momentum as business sentiment improves
Business, Pathom Sangwongwanich, Published on 30/08/2014
» Despite sluggish export growth, a V-shaped economic recovery began to gain momentum in July as domestic consumption and business sentiment improved, says the Bank of Thailand.
Somkid downplays US, EU criticism
Business, Pathom Sangwongwanich, Published on 25/06/2014
» Somkid Jatusripitak, foreign affairs adviser to the National Council for Peace and Order (NCPO), is confident the US and EU will not impose harsh sanctions on Thailand if the country can show determination and integrity in resolving their concerns over human trafficking and democracy.
Banks more cautious about approving retail loans
Business, Pathom Sangwongwanich, Published on 17/05/2014
» Retail loan approval rates fell sharply to 50% in the first quarter due to more prudent management by banks as overall non-performing loans (NPLs) ticked up to 2.3%.
Aid for needy workers urged
Business, Pathom Sangwongwanich, Published on 30/04/2014
» Academics suggest the government implement relevant measures to curb the growing distress of workers suffering a drop in income as the cost of living rises, often forcing them to resort to loan sharks.
Central bank says growth stagnating
Business, Pathom Sangwongwanich, Published on 04/04/2014
» First-half economic growth may stagnate or decline from last year's fourth quarter on the slowdown in domestic economic activity, says a senior Bank of Thailand (BoT) official.
BoT optimistic about exports, tourism rebound
Business, Pathom Sangwongwanich, Published on 01/04/2014
» Economic growth in the first quarter may contract compared with the previous quarter as there are solid signs of a downturn, but a recovery in exports and tourism is expected to revive momentum in the second quarter, says a senior Bank of Thailand official.
MBMG makes ominous prediction for Thai growth
Business, Pathom Sangwongwanich, Published on 24/02/2014
» Dismal economic growth in this year’s first quarter is expected, while full-year GDP growth could contract if the domestic political turmoil is prolonged, says an MBMG director.