Showing 1 - 10 of 14
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.
Export recovery poised to continue, says BoT
Business, Somruedi Banchongduang, Published on 30/01/2021
» Exports are expected to continue improving, following the return to growth in December, the first uptick in 10 months, supported by higher demand from trading partners and better global trade sentiment, says the Bank of Thailand.
MPC sticks with 0.50%, eyes baht
Business, Somruedi Banchongduang, Published on 06/08/2020
» The Bank of Thailand's Monetary Policy Committee (MPC) voted to keep its policy rate unchanged at 0.50% yesterday and will continue monitoring the baht's strength as capital inflows result from abundant global liquidity.
World Bank rings alarm on GDP view
Business, Somruedi Banchongduang, Published on 18/01/2020
» The World Bank has warned that Thailand's average annual economic growth will be stuck below 3% if there is no significant increase in investment and productivity growth.
IMF, EIC predict growth of less than 3%
Business, Somruedi Banchongduang, Published on 09/10/2019
» The IMF forecasts Thailand's GDP growth to slow to 2.9% this year before improving marginally to 3% in 2020, while the Economic Intelligence Center (EIC) under Siam Commercial Bank (SCB) sees growth of 2.8% for this year and next.
K-Research predicts 2020 GDP growth of 2.5-3%
Business, Somruedi Banchongduang, Published on 02/10/2019
» The GDP growth forecast for 2020 has been set at 2.5-3% by Kasikorn Research Center (K-Research), compared with 2.8% growth seen this year.
MPC keeps policy rate unchanged
Business, Somruedi Banchongduang, Published on 26/09/2019
» The Bank of Thailand's Monetary Policy Committee (MPC) held the policy rate steady on Wednesday but again slashed its economic growth forecast, from 3.3% to 2.8%.
EIC expects single rate cut by year-end
Business, Somruedi Banchongduang, Published on 12/09/2019
» The Bank of Thailand is likely to cut the policy rate by 25 basis points a single time during the remainder of the year to prop up the moribund economy amid growing uncertainties, according to the Economic Intelligence Center (EIC), a research house under Siam Commercial Bank (SCB).
Panel urges further baht measures
Business, Somruedi Banchongduang, Published on 05/09/2019
» The private sector has made a renewed push for the central bank to contain the baht's rapid gain after a recent 25-basis-point cut of the policy rate had almost no effect on the local currency relative to regional peers.