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Search Result for “local tourism”

Showing 1 - 10 of 27

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BUSINESS

Reopening hinges on jab strategies

Business, Pathom Sangwongwanich, Published on 09/03/2021

» Vaccination will have a profound impact on Thailand's tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research).

BUSINESS

Ambiguous growth drivers cloud outlook

Business, Pathom Sangwongwanich, Published on 19/02/2021

» Thailand's economic outlook in the post-Covid-19 period remains vague because of ambiguous growth drivers, with tourism's contribution to GDP unlikely to reach 30% as planned, says a veteran economist.

BUSINESS

ASP: Slower growth and exports tether baht

Business, Pathom Sangwongwanich, Published on 09/06/2020

» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).

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BUSINESS

US mulls listing Thailand as currency manipulator

Business, Pathom Sangwongwanich, Published on 02/01/2020

» Thailand could meet the three criteria of the US Treasury Department's foreign exchange report in the coming periods, possibly putting the country on a monitoring list of currency manipulators, says Siam Commercial Bank's Economic Intelligence Centre (EIC).

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BUSINESS

Baht veering to less than 30 against greenback next year

Business, Pathom Sangwongwanich, Published on 22/10/2019

» The baht's strengthening value could breach the band of 30 per US dollar next year, mainly because of Thailand's huge current account surplus, says Krungthai Asset Management (KTAM).

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BUSINESS

CEOs bemoan election effects

Business, Pathom Sangwongwanich, Published on 26/04/2019

» More than a third of chief executives at 117 SET-listed companies expect domestic political uncertainty arising from Thailand's general election to take a toll on domestic demand, the capital market and economic growth prospects.

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BUSINESS

BoT: Baht climbs as greenback slips

Business, Pathom Sangwongwanich, Published on 24/01/2019

» The baht's rising value is a result of the US dollar depreciation, stemming from domestic political developments in the world's largest economy, says the Bank of Thailand.

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BUSINESS

BoT: Economy failed to reach growth potential

Business, Pathom Sangwongwanich, Published on 04/01/2018

» Thailand's economy gained further traction in 2017, but has not reached its growth potential, while an accommodative monetary policy stance is "necessary" to shore up domestic demand going forward, says the Bank of Thailand.

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BUSINESS

Rupee ripples

Asia focus, Pathom Sangwongwanich, Published on 05/12/2016

» Taking high-value banknotes out of circulation to curb corruption and counterfeiting might seem like a worthy idea, but India's experience has shown that good intentions need to be backed with credible planning.

BUSINESS

Recovery on course

Asia focus, Pathom Sangwongwanich, Published on 21/11/2016

» Asia Pacific is expected to remain on a macroeconomic recovery path supported by stabilised economic conditions in China and relatively low exposure to "external asymmetrical shocks", says Swiss banker Peter Rosenstreich.