Showing 1 - 10 of 154
Call for national asset management firm
Business, Somruedi Banchongduang, Published on 17/09/2024
» SCB EIC, the research centre under Siam Commercial Bank (SCB), says the government should establish a national asset management company (AMC) to prepare for a potential increase in non-performing loans (NPLs) within the banking industry.
Kiatnakin Phatra Research: Potential growth rate below 2%
Business, Somruedi Banchongduang, Published on 23/07/2024
» Kiatnakin Phatra Research (KKP Research) forecasts that Thailand's potential economic growth rate will be below 2% for the next five years due to weaker productivity and competitiveness.
Economists expect vote for rate cut
Business, Somruedi Banchongduang, Published on 09/04/2024
» Economists anticipate the Bank of Thailand will opt to lower its policy rate on Wednesday, giving a short-term boost to the country's economy, which has been hindered by delays in budget disbursement.
Panel likely to maintain policy rate
Business, Somruedi Banchongduang, Published on 07/02/2024
» The Bank of Thailand is expected to maintain its policy rate at Wednesday's Monetary Policy Committee (MPC) meeting, while the central bank will trim its 2024 growth projections in line with a slower growth trajectory.
Central bank set to cut growth outlook
Business, Somruedi Banchongduang, Published on 01/02/2024
» The Bank of Thailand (BoT) is likely to slash the country's gross domestic product (GDP) outlook for 2024 after growth in the fourth quarter of last year was weaker than expected.
Baht strengthens as Fed expected to stay put
Business, Somruedi Banchongduang, Published on 31/01/2024
» The baht gained against the softening US dollar as some investors expect the US Federal Reserve to maintain its policy rate at its meeting scheduled for this week.
SCB EIC calls for long-term restructure
Business, Somruedi Banchongduang, Published on 15/12/2023
» SCB Economic Intelligence Center (EIC), the research arm of Siam Commercial Bank (SCB), has sounded the alarm on lower potential growth for Thailand's economy in the long term, calling for structural reform.
Bank of Thailand united in holding rates steady
Somruedi Banchongduang, Published on 29/11/2023
» The Monetary Policy Committee (MPC) of the Bank of Thailand (BoT) on Wednesday voted unanimously to maintain its policy rate at 2.5%, the highest level in a decade, following a series of rate hikes since August last year, with the 2024 GDP growth projected to be in the range of 3.2-3.8%.
As growth slows, BoT trims 2023 projection
Business, Somruedi Banchongduang, Published on 06/09/2023
» The Bank of Thailand reduced its growth projection for 2023 this month after GDP and the inflation rate were lower than forecast.
Bank of Thailand foresees further budget delay
Business, Somruedi Banchongduang, Published on 03/08/2023
» The Bank of Thailand expects the fiscal 2023 budget disbursement to be delayed by one more quarter than its previous assessment of one quarter, mainly due to the delay in the formation of the new government.