Showing 1 - 10 of 19
BoT optimistic 4% growth obtainable
Business, Pawee Sirimai, Published on 01/12/2017
» The Bank of Thailand has painted a rosy picture of the country's economy, saying it is quite possible for fourth-quarter growth to exceed the 4.3% registered in the third quarter, adding full-year growth of 4% is obtainable if exports continue to rise at a double-digit pace.
Unlocking your home's equity
Business, Pawee Sirimai, Published on 06/11/2017
» A reverse mortgage is a powerful source of income for retirees. It helps them cover daily living expenses and healthcare costs by converting their home equity into cash with no repayment of the loan until the borrower dies or the home is sold.
Demand for B/E cools after defaults
Business, Pawee Sirimai, Published on 18/10/2017
» Bills of exchange (B/E) issuance continues to drop this year as companies have shifted to rely on other debt instruments after a series of B/E defaults occurred late last year, says the Thai Bond Market Association (TBMA).
BoT relaxes capital curbs for flexibility
Business, Pawee Sirimai, Published on 05/09/2017
» The Bank of Thailand has further relaxed curbs on capital outflows with the goal of widening overseas investment opportunities for local investors, giving more flexibility to money changers and creating a balance of fund flows to weaken the strong baht.
Moody's warns of banking sector risks
Business, Pawee Sirimai, Published on 23/08/2017
» Thai banks still face a variety of risks, including high household debt, economic growth with high exposure to external demand and rising restructured loans, says Moody's Investors Service.
Merchandise recovery may be short-term
Business, Pawee Sirimai, Published on 25/04/2017
» Thai merchandise exports are expected to grow only 1.5% this year as the strong recovery in the first quarter might only be a short-term factor as fear of US trade protectionism settles in, says Siam Commercial Bank's research unit.
ADB predicts 3.5% Thai growth
Business, Pawee Sirimai, Published on 21/04/2017
» The Thai economy is expected to expand by 3.5% based on an export recovery and domestic public spending this year, with momentum set to continue next year, raising growth to 3.6%, says the Asian Development Bank (ADB).
GHB aims to dump B14bn in bad loans
Business, Pawee Sirimai, Published on 21/02/2017
» State-run GH Bank aims for 6% growth in new loans for this year and plans to cut its bad-loan ratio to 4% or lower, largely by unloading 14 billion baht worth of non-performing loans (NPLs).
BoT chief warns of risks from technological change
Business, Pawee Sirimai, Published on 16/02/2017
» Rapid technological advancements could increase volatility and inequality and keep inflation at a low level, while countries that fail to adapt to the changes could experience tepid growth, says the central bank chief.
The power behind B.Grimm
Business, Pawee Sirimai, Published on 28/01/2017
» Some 20 years ago, when Preeyanart Soontornwata was in her thirties and joined B.Grimm Power Co Ltd as president and chief executive, it was a time of turmoil in Thailand.