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Search Result for “interest rate cuts”

Showing 1 - 10 of 28

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GENERAL

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.

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GENERAL

Hoping for the best

Business, Post Reporters, Published on 29/12/2023

» With 2024 around the corner everyone is hoping for a better year.

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GENERAL

A year of milestones

Business, Post Reporters, Published on 26/12/2023

» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.

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GENERAL

Banking on the mainland

Business, Post Reporters, Published on 07/08/2023

» When China announced the country's surprise reopening in January, every business sector in Thailand responded enthusiastically to the news, particularly the tourism industry, which earned more than 530 billion baht from Chinese visitors in 2019.

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BUSINESS

Caught in a vicious currency cycle

Business, Post Reporters, Published on 03/10/2022

» Industry leaders have called on the government and related authorities to do more to prevent the depreciation of the baht and mitigate the impact of the Bank of Thailand's latest policy rate hike.

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THAILAND

THAI cuts operating losses in Q2

News, Post Reporters, Published on 16/08/2022

» Thai Airways International (THAI)'s performance has improved in the second quarter of this year with revenue excluding one-time transactions totalling 21.5 billion baht, up 282% from the same period last year.

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BUSINESS

Krungsri profit soars for first 9 months

Business, Post Reporters, Published on 22/10/2021

» Bank of Ayudhya (BAY), marketed under the brand Krungsri, has reported a net profit of 27.41 billion baht for the first nine months of 2021, an increase of 39.5% year-on-year.

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BUSINESS

Firms continue to fret

Business, Post Reporters, Published on 26/07/2021

» Thailand's economic risk is escalating as the country copes with its worst Covid-19 outbreak yet, with new infections exceeding 10,000 a day since July 17 and fatalities continuing to pile up.

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BUSINESS

A line in the sand

Business, Post Reporters, Published on 28/06/2021

» The government's recent announcement of an ambitious plan to reopen the country by mid-October and curb household debt amid a battered economy has drawn mixed views from the business world, given the challenges ahead.

BUSINESS

Interest rate cut for loan defaulters

News, Post Reporters, Published on 28/05/2021

» Parliament has approved an emergency decree to amend the Civil and Commercial Code to reduce the interest rate charged for loan defaults which has been used for almost a century.