Showing 1 - 9 of 9
Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
Economists urge caution for gloomy 2023
Business, Wichit Chantanusornsiri, Published on 05/10/2022
» Thailand needs to prepare for global economic difficulties as they will intensify next year, according to economists.
Down the rabbit hole
Oped, Postbag, Published on 03/02/2018
» Help me, somebody, I think I must have fallen down a rabbit hole and found myself in a world as crazy as Alice did. In this strange, topsy-turvy world the people who ousted an elected government, an action usually considered more serious than sedition is now arresting protesters and dissidents for actions and speech inciting people to rebel against their government.
Share trade subdued after long-expected Fed move
Business, Published on 19/06/2017
» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.
US politics dent sentiment but energy shares lift set
Business, Published on 22/05/2017
» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.
Scepticism about Trump tax plan keeps stocks in check
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.
Even in a greener world, fossil fuels still rule
Asia focus, Erich Parpart, Published on 07/11/2016
» The current global trend may be "going green, going electric and going mobile", but fossil fuels will continue to dominate energy consumption globally, especially in developing countries, says the CEO of PTT Plc, Thailand's biggest energy company.
Greek drama and Chinese rout push shares down
Business, Published on 06/07/2015
» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.
Fuel subsidies, low energy efficiency
Jon Fernquest, Published on 03/05/2011
» With diesel fuel subsidized at 18% below market prices, food export revenues are guzzled up by oil imports.