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BoT boss admits baht too high
News, Darana Chudasri, Published on 24/11/2019
» Bank of Thailand governor Veerathai Santiprabhob admits the baht has appreciated at a rate which exceeds the economic fundamentals, saying that interest rate cuts are no longer "strong medicine" that can cure it.
World Bank joins ranks of GDP naysayers
Business, Darana Chudasri, Published on 11/10/2019
» Thailand's GDP growth is expected to be below 3% this year and next, with flagging exports, shrinking farm income and lower Chinese tourist arrivals the main drags on growth momentum, the World Bank says.