Showing 1 - 9 of 9
KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
Panel keeps rate, citing flimsy demand
Business, Pawee Sirimai, Published on 17/08/2017
» As expected, the Bank of Thailand's Monetary Policy Committee (MPC) kept its policy rate unchanged yesterday, saying the rate remains accommodative for economic recovery because domestic demand is not sufficiently broad-based.
Warning over labour act risks
Business, Pawee Sirimai, Published on 25/07/2017
» An executive decree to regulate the employment of migrant workers and potential delays in the government's big-ticket infrastructure investment could drag on Thailand's economic growth momentum in the second half, economists caution.
World Bank keeps wary outlook
Business, Pawee Sirimai, Published on 19/04/2017
» The country's underlying productivity challenges are expected to cap Thai economic growth at a mere 3.4% in 2019, the World Bank says.
BoT governor: Thailand assets a safe haven
Business, Pawee Sirimai, Published on 24/02/2017
» Foreign investors are parking money in Thai assets in the short run because they see the baht as a safe haven backed by solid foreign reserves amid global market fluctuation, the central bank chief says.
BoT highlights upside odds
Business, Pawee Sirimai, Published on 24/12/2016
» The Bank of Thailand sees upside risk to its 2017 forecast of 3.2% GDP growth if the US economy performs better than expected or the Thai government manages to get its infrastructure projects off the ground ahead of schedule.
Confidence drops to neutral
Business, Pawee Sirimai, Published on 07/12/2016
» Investor confidence for the three months to February weakened from last month's survey, weighed by the possibility of persistent capital outflows from emerging markets triggered by US President-elect Donald Trump's inwardly focused policies.
World Bank raises GDP view, with caveat
Business, Pawee Sirimai, Published on 06/10/2016
» The World Bank has raised its full-year economic growth forecast for Thailand to 3.1% while voicing concerns about the main economic engine, government spending.