Showing 1 - 10 of 10
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
Bucking the crowd
Business, Pawee Sirimai, Published on 09/09/2017
» In 2013, Santitarn Sathirathai, an economist at Credit Suisse, rang the alarm bell on Indonesia's investment boom, saying a golden era was coming to an end and a slowdown in economic growth was brewing for Southeast Asia's largest economy.
More cards, less default, study finds
Business, Pawee Sirimai, Published on 07/09/2017
» Cardholders with a stack of plastic in their wallets have lower default rate than those with only one or two cards, unlike personal loan debtors with multiple creditors, who tend to default more, say researchers at the central bank's think tank.
World Bank ups Thai GDP forecast
Business, Pawee Sirimai, Published on 25/08/2017
» The World Bank has a more bullish view on Thai economic growth, raising its estimate to 3.5% this year and 3.6% in 2018 after a stronger-than-expected first half for exports and tourism.
KTB warns over potential debt default rise
Business, Pawee Sirimai, Published on 20/07/2017
» Defaults of debt instruments are expected to keep rising as the fixed-income market enters the early stages of tightening from rising interest rates amid tepid appetite for such notes, says the head of KTB Securities Thailand (KTBST).
Asean office issues rosy outlook for Thai growth
Business, Pawee Sirimai, Published on 13/06/2017
» The Asean+3 Macroeconomic Research Office (Amro) is upbeat that the Thai economy will remain on solid footing, and policymakers stand ready to adopt both fiscal and monetary policies to support the economy if needed.
Bank of Thailand chief: No trace of a bubble
Business, Pawee Sirimai, Published on 02/06/2017
» There are no signs of dramatic growth in borrowing for property speculation activities, while banks have been better at managing risks associated with project financing, says Bank of Thailand governor Veerathai Santiprabhob.
World Bank keeps wary outlook
Business, Pawee Sirimai, Published on 19/04/2017
» The country's underlying productivity challenges are expected to cap Thai economic growth at a mere 3.4% in 2019, the World Bank says.
Baht forecast to hit 36.5 by mid-year
Business, Pawee Sirimai, Published on 24/01/2017
» The baht is expected to weaken to 36.5 against the greenback in the first half of this year before reversing the trend to become firmer at 35.5 at the end of the year as US President Donald Trump might not be able to deliver as strong economic growth as expected, says TMB Bank (TMB).
HSBC forecasts MPC rate cut
Business, Pawee Sirimai, Published on 27/08/2016
» The Bank of Thailand's rate-setting committee could cut its policy rate by 25 basis points at next month's meeting to ward off downside risks to growth amid a spate of uncertainties in the second half, says HSBC.