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THAILAND

Political uncertainty hurts GDP view

Business, Pathom Sangwongwanich, Published on 25/04/2019

» Domestic political uncertainty warrants a downside risk for Thailand's GDP growth outlook this year because a delay in forming the new government could curtail public investment projects and dent private investment incentives, says the World Bank.

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THAILAND

World Bank keeps Thai growth forecast at 2.5%

Business, Pathom Sangwongwanich, Published on 29/06/2016

» The World Bank has maintained Thailand's economic growth forecast this year at 2.5% due to impetus from fiscal stimulus and increasing tourism revenue.

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THAILAND

BoT gloomy on growth

Business, Pathom Sangwongwanich, Published on 09/03/2016

» The Bank of Thailand is to revise its forecast for this year's economic growth due to heightening downside risks but further monetary easing is not appropriate in addressing short-term shocks, says governor Veerathai Santiprabhob.

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THAILAND

Q2 growth of less than 3% foreseen

Business, Pathom Sangwongwanich, Published on 11/08/2015

» Second-quarter figures are expected to show the economy expanded at a weaker pace than in the first quarter, at less than 3% year-on-year.

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THAILAND

Superboard poised for battle

Business, Pathom Sangwongwanich, Published on 05/07/2014

» A state enterprise superboard set up by the junta will be ready to make its first policy-setting moves by the middle of next week, says Prasarn Trairatvorakul, a superboard member and the Bank of Thailand governor.

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THAILAND

Beware 'populist policy trap'

Business, Pathom Sangwongwanich, Published on 04/02/2014

» The government should abandon its non-welfare populist policies on the grounds that Thailand could fall further into the middle-income trap and face low productivity, says an economist.

THAILAND

Political vacuum 'damaging'

Business, Pathom Sangwongwanich, Published on 11/01/2014

» The Bangkok shutdown by anti-government protesters and the absence of a functional government could shave one percentage point off Thailand's economic growth, says an academic.

THAILAND

Economic loss 'less than from floods'

Business, Pathom Sangwongwanich, Published on 09/01/2014

» Even though the potential impact on the economy from the planned Bangkok shutdown remains uncertain, the scale of the loss is expected to be less than that from the 2011 floods, economists say.

THAILAND

Protests increase risk of downgrade

Business, Pathom Sangwongwanich, Published on 13/12/2013

» Thailand is at risk of being downgraded by international credit rating agencies as its political deadlock is difficult to resolve and could worsen if there is no government in place, says UBS.

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THAILAND

BoT governor calls for talks to ease turmoil, end protests

News, Pathom Sangwongwanich, Published on 01/12/2013

» The current political stalemate can only be resolved if both sides negotiate, Bank of Thailand governor Prasarn Trairatvorakul says.