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Search Result for “local tourism”

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BUSINESS

Confidence from January remains bullish

Business, Darana Chudasri, Published on 03/02/2021

» The Investor Confidence Index (ICI) survey for January, which measures February to April 2021, remains in the bullish zone for the second consecutive month, spurred by the prospect of Covid-19 vaccines, foreign inflows and higher earnings among listed companies.

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BUSINESS

MTL keeps CLMV push up as Thais age

Business, Darana Chudasri, Published on 10/12/2020

» Muang Thai Life Assurance (MTL) is continuing its aggressive move into the Cambodia, Laos, Myanmar, Vietnam and Thailand (CLMVT) region to acquire a larger market with a more balanced demographic profile, as Thailand becomes a full-fledged ageing society in 2021, said Sara Lamsam, MTL's president.

BUSINESS

OIC mulls extending relaxed measures

Business, Darana Chudasri, Published on 27/11/2020

» The Office of the Insurance Commission (OIC) is considering extending measures to relax insurance premium payments to help businesses and the public, initially scheduled to expire at the end of 2020.

BUSINESS

ASP projects 11% plunge in second-quarter figures

Business, Darana Chudasri, Published on 02/06/2020

» Thailand's economic contraction is forecast to see a double-digit plunge this quarter, with a hard landing scenario in private consumption and tourism, says Asia Plus Securities (ASP).

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BUSINESS

Bank of Thailand panel likely to cut policy rate

Business, Darana Chudasri, Published on 23/01/2020

» The Bank of Thailand's rate-setting committee is expected to cut the policy rate by 0.25 percentage points to a record low of 1% this quarter to shore up the country's economic growth and slow the baht's appreciation, says Standard Chartered Bank (Thai).

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BUSINESS

Rate cut will not slow baht appreciation

Business, Darana Chudasri, Published on 25/10/2019

» The Bank of Thailand's Monetary Policy Committee (MPC) could cut the policy rate another 25 basis points before year-end, but the move is not expected to rein in the baht's rising strength, says Kasikornbank (KBank).

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BUSINESS

World Bank joins ranks of GDP naysayers

Business, Darana Chudasri, Published on 11/10/2019

» Thailand's GDP growth is expected to be below 3% this year and next, with flagging exports, shrinking farm income and lower Chinese tourist arrivals the main drags on growth momentum, the World Bank says.

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BUSINESS

Citi sees 3.3% GDP growth this year as engines slow

Business, Darana Chudasri, Published on 12/07/2019

» Thai GDP is forecast to expand by 3.3% this year as growth momentum is weighed by an economic slowdown and tepid private investment seen in the first quarter, says Citi Thailand.

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BUSINESS

Citi sees firm baht through year-end

Darana Chudasri, Published on 11/07/2019

» The baht’s value is likely to remain firm until the beginning of 2020 amid a weaker dollar and expectations of US monetary stimulus, says Citi Thailand.

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BUSINESS

Compulsory insurance for tourists eyed

Business, Darana Chudasri, Published on 01/07/2019

» Compulsory travel insurance for foreign visitors at a 20-baht premium each is expected to debut this year, according to the Office of the Insurance Commission (OIC).