Showing 141 - 150 of 1,286
ECB warns of 'looming recession'
AFP, Published on 27/10/2022
» FRANKFURT: The European Central Bank announced another jumbo interest rate hike on Thursday and said further increases would follow to combat soaring inflation, even as its president, Christine Lagarde, warned a eurozone recession was looming.
Cabinet backs expats owning land
Business, Published on 26/10/2022
» The cabinet approved on Tuesday the Interior Ministry's proposal to allow foreigners to hold land ownership of up to one rai (roughly 0.16 hectares) for residential purposes, though critics warned the move may trigger land speculation by foreign investors.
Desperate for a long-term vision
Business, Published on 24/10/2022
» With the country's next general election tentatively slated for May 7, 2023 by the Election Commission, assuming the House of Representatives completes its four-year term by March 23, many political parties have cranked up their election machines, with leading parties already kicking off their campaigns.
An Asean country might be near a crisis
Oped, Chartchai Parasuk, Published on 20/10/2022
» I am talking about an imaginary country which is a member of Asean. This country may or may not exist. To avoid unnecessary negative repercussions, this country shall remain nameless and be referred to as country "N" with its currency "D". This country is the star of Asean with a 5-year average GDP growth rate of 7% prior to the Covid outbreak.
Fetco chief condemns Fed policy of 'misguided' hikes
Business, Nuntawun Polkuamdee, Published on 14/10/2022
» The global economy is on the verge of falling into recession next year as countries have taken the wrong currency management path in response to the US Federal Reserve's aggressive policy rate hikes, a Thai economist warns.
Foreigners snap up B146bn of Thai stock
Business, Nuntawun Polkuamdee, Published on 07/10/2022
» Foreigners were net buyers of 146 billion baht worth of equities on the Thai stock market in the first nine months of this year as they expect tourism to revive the economy in the fourth quarter, say executives at the local bourse.
Interest gap could spell economic peril
Oped, Chartchai Parasuk, Published on 06/10/2022
» On a recent Monday, the Fed called an emergency meeting. The discussion topics were not made known. Could it possibly be about turmoil in the UK bond market and the financial troubles of large investment banks? At this fragile time, the world cannot afford another Lehman Brothers-type disaster.
Plunging markets spur new intervention warnings across Asia
Published on 28/09/2022
» After some of the most dramatic declines in global financial markets since the Federal Reserve began lifting borrowing costs six months ago, authorities in Asia are stepping up efforts to prevent a downward spiral.
Oil fund set to get cash boost
News, Published on 28/09/2022
» The cabinet has given the green light to an emergency decree allowing the Oil Fuel Fund Office to borrow up to 150 billion baht, with the Finance Ministry guaranteeing loan repayments, a source revealed yesterday.
