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Showing 1-10 of 1,887 results
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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.
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Asian shares slump as Mideast risk rises
Published on 20/04/2024
» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.
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SET looking for catalysts to restore momentum
Business, Published on 06/04/2024
» The SET index found support at 1,350 in the first week of March and later bounced back. The 1,350 level has acted as a critical support through the entire quarter as the market struggles to sustain momentum. Among the key factors influencing the market:
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World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
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World Bank cuts Thai growth to 2.8% on weaker exports
Published on 01/04/2024
» Thailand's economic growth is expected at 2.8% this year before accelerating to 3.0% in 2025, the World Bank said on Monday, on account of weak exports and a delayed budget.
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Asian shares rise after Wall Street advances
Business, Published on 30/03/2024
» RECAP: Shares in Asia rose yesterday following gains on Wall Street, which closed out a stellar quarter ahead of a holiday on Friday. Benchmarks in Japan, South Korea and mainland China all edged higher, while the US dollar firmed after hawkish comments from a Federal Reserve official.
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Global equity income touted on Fed rate move
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» The Federal Reserve is expected to cut US interest rates 2-3 times this year starting from its June meeting, making global equity income a promising investment, says London-based Newton Investment Management.
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Household debt rises to 91.3% of GDP
Reuters, Published on 29/03/2024
» The ratio of household debt to gross domestic product in Thailand rose slightly to 91.3% at the end of 2023 from 91% in September, the Bank of Thailand said on Friday, as the economy slowed.
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Thailand between the US and China
Oped, Thitinan Pongsudhirak, Published on 29/03/2024
» Amid what now has to be acknowledged as a direct non-military conflict and a geoeconomic war of sorts between the United States and China, Thailand is in a quandary. While characterising Thailand's geostrategic dilemma as a US-China binary can be exaggerated and misleading, it does have a point. As with many other developing countries in the region, Thailand will come under increasing pressure to choose between the two competing superpowers. The ability not to choose thus becomes an overarching geostrategic objective.
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Retail sector still sensitive
Business, Molpasorn Shoowong, Published on 11/03/2024
» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.
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