Showing 1 - 10 of 10
Financial crisis looms over Thailand
Oped, Chartchai Parasuk, Published on 25/01/2024
» The definition of an "economic crisis" is much debated in Thailand. This is because one of the requirements for enacting the emergency fiscal borrowing decree is that the economy must be in crisis.
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
'Economy crying for stimulus'
Published on 16/11/2023
» The government insists the economy is in a crisis and requires a stimulus package to prevent the situation from deteriorating and a recovery harder to mount.
Arkhom risks facing a losing battle
Oped, Published on 08/10/2020
» After a month of waiting, Thailand now has a new finance minister -- Arkhom Termpittayapaisith. Thais and the business community have high hopes for the new minister's ability to help stimulate the sagging economy and steer the country's economy out of the Covid-19 crisis.
Handout could see 20m apply
News, Chairith Yonpiam, Published on 30/03/2020
» More than 17.2 million people have applied for the 5,000-baht financial aid granted by the government to ease the impact of the Covid-19, according to Fiscal Policy Office director Lavaron Saengsanit.
Rate cut impact limited
Business, Published on 05/12/2019
» Thailand's financial conditions were tighter than the historical average in the third quarter this year despite a policy rate cut by the Monetary Policy Committee (MPC) in August. This reflected persistent baht appreciation, an increase in corporate spreads and a slowdown in corporate borrowing and commercial bank loan growth.
Japanese stimulus plan gives lift to Asian stocks
Business, Published on 01/08/2016
» Recap: Asian stock markets advanced last week, propelled by Japan's bigger-than-expected fiscal stimulus plan, while investors shrugged off a US Federal Reserve statement that opened room for a policy rate hike later this year. Thai shares also climbed higher in liquidity-driven trade.
Stocks rally after black monday as rate fears ease
Business, Published on 31/08/2015
» Recap: China's Black Monday sparked a sell-off in global stock markets before a relief rally took hold across the world amid hints that the US Federal Reserve would not lift interest rates in September given fragile global conditions. Stimulus measures proposed by the Thai government's new economic team also improved investors' appetite for local shares.
Central banks to discuss interest rates
Published on 11/06/2012
» Central banks in Southeast Asia's two largest economies meet to set interest rates this week, with officials forecast to hold off on stimulus days before a Greek election at risk of triggering a deeper European turmoil.