Showing 1 - 10 of 33
Private sector upbeat on sentiment
Business, Somruedi Banchongduang, Published on 05/09/2024
» A leading business group is optimistic the new government will improve public sentiment thanks to its unity and stability.
Baht set to rise next week
Business, Somruedi Banchongduang, Published on 18/11/2023
» The baht is expected to rise to 35 to the US dollar next week as the greenback weakens after investors forecast an end to Federal Reserve rate hikes.
IMF ups 2024 Thai growth forecast to 3.6%
Somruedi Banchongduang, Published on 09/11/2023
» The International Monetary Fund (IMF) has revised its forecast for Thai gross domestic product (GDP) growth upward in 2024, based on robust private consumption gains and improving external demand.
World Bank cuts Thai growth to 3.4%
Business, Somruedi Banchongduang, Published on 03/10/2023
» The World Bank trimmed Thailand's economic growth forecast for this year and 2024 based on anticipation the country's exports would contract due to easing global demand. Tourism and private consumption are the key fuel driving economic growth.
K-Research frets over large budget
Business, Somruedi Banchongduang, Published on 27/09/2023
» Kasikorn Research Center (K-Research) is increasingly concerned about Thailand's sovereign credit rating because of the large budget needed to fund the government's stimulus schemes.
Bank of Thailand gauges effect of handout
Business, Somruedi Banchongduang, Published on 01/09/2023
» The Bank of Thailand expects the Pheu Thai Party's proposed 10,000-baht digital handout scheme will require a total budget of around 500 billion baht, adding 3% to GDP growth next year.
HSBC wealth division looks to Asean for regional growth
Business, Somruedi Banchongduang, Published on 25/08/2023
» HSBC Global Private Banking is leveraging its international connectivity and investment expertise to meet the increasingly sophisticated and international needs of its high net worth clients in Thailand.
CIMBT aims to grow offshore portfolio
Business, Somruedi Banchongduang, Published on 09/08/2023
» CIMB Thai Bank (CIMBT) expects to grow offshore loans this year thanks to regional business expansion of large local corporations, in line with Asean's economic growth.
Bank of Thailand foresees further budget delay
Business, Somruedi Banchongduang, Published on 03/08/2023
» The Bank of Thailand expects the fiscal 2023 budget disbursement to be delayed by one more quarter than its previous assessment of one quarter, mainly due to the delay in the formation of the new government.
Banks put the brakes on loan growth
Business, Somruedi Banchongduang, Published on 02/08/2023
» Banks are tightening their loan growth in the second half of this year because of global economic uncertainty and Thailand's uneven recovery.