Showing 1 - 10 of 290
B1.4tn fund says gold to counteract weak stocks
Bloomberg News, Published on 14/06/2024
» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Govt plans Asia's first sovereign sustainability-linked bond
Bloomberg News, Published on 29/05/2024
» The government plans to sell as much as US$1.1 billion of baht-denominated sustainability-linked bonds (SLBs) in the fourth quarter, in what looks set to be the first such offering from an Asian government.
Thai stock exodus deepens amid corporate woes
Bloomberg News, Published on 27/03/2024
» A market revival for Thailand just is not coming.
Italian-Thai Development faces B108bn debt crunch as overseas projects fail
Bloomberg News, Published on 14/03/2024
» A cash crunch at Thailand's largest construction company is fuelling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults.
Srettha poised to step aside as finance minister
Bloomberg News, Published on 13/03/2024
» Prime Minister Srettha Thavisin will relinquish his role as finance minister, according to a media report, a change that may ease tension with Bank of Thailand (BoT) over monetary policy.
Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
Move Forward slams Srettha for public feud with central bank
Bloomberg News, Published on 23/02/2024
» The public sparring between Prime Minister Srettha Thavisin and Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on monetary policy risks undermining the institution's independence and poses a threat to credit ratings, according to the opposition Move Forward Party (MFP).
Central bank seen resisting rate-cut pressure
Bloomberg News, Published on 07/02/2024
» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.
Economic growth slows, boosts stimulus case
Bloomberg News, Published on 21/11/2023
» Thailand’s economic growth unexpectedly slowed in the third quarter as manufacturing slumped on weak exports, supporting the case for the government to proceed with its planned US$14 billion cash handout program.