Showing 1 - 10 of 17
Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
Insurance expected to flourish driven by auto, health policies
Business, Nareerat Wiriyapong, Published on 20/02/2024
» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.
Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
Korea adds 505 cases, deaths top 2,800: Virus update
Published on 27/02/2020
» Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.
The dilemma of central banking
Business, Published on 28/01/2020
» Low interest rates -- both nominal and real -- have been a persistent feature of advanced economies since the 1980s. How long, many now wonder, can the trend last?
The right way to finance disaster recovery
Asia focus, Published on 11/11/2019
» In mid-October, as Japan was being battered by Typhoon Hagibis -- the most powerful typhoon to hit the country in six decades -- it was also shaken by a magnitude 5.7 earthquake. As climate change progresses, Japan, like the rest of the world, will face increasingly frequent and severe natural disasters, necessitating costly recovery efforts. Tax increases are not the way to pay for them.
Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
Trump comments, 'hard Brexit' talk depress stocks
Business, Published on 23/01/2017
» Recap: Donald Trump's comment that the US dollar was too strong and blunting the country's competitiveness rattled global stock markets last week, as did fears over the impact of a "hard Brexit" as outlined by British PM Theresa May. As well, confusion about Mr Trump's political and economic agenda made investors step back from risky assets ahead of his inauguration on Friday. The Thai stock market tracked the global trend, but the magnitude of its fall was limited.
The cashless society is just another creepy fantasy
News, Elaine Ou, Published on 21/10/2016
» It's fun to imagine a world without cash.