Showing 1 - 10 of 11
Analysts see continued baht decline this year
Business, Nareerat Wiriyapong, Published on 28/06/2024
» The baht is likely to plunge to 37.25 to the US dollar in the short term, as Asian currencies slumped to their weakest level since 2022 amid continued outflows from both the Thai stock and bond markets, attributed to ongoing global volatility pending US interest rate cuts, say economists.
A deal to save the planet
Life, Sawarin Suwichakornpong, Published on 04/09/2020
» The rising temperature of Earth's climate is wreaking havoc on our ecosystems by generating extreme changes in the weather, unresolved seasonal changes, and ecological damage. While there is ample evidence to suggest climate change took place even in prehistoric times, scientists have observed that the rate and degree of change since the mid-20th century has been accelerating, concluding that human activity has been the major driving force underlying this drastic transformation.
Italy tests lockdown; global cases near 110,000: Virus update
Published on 09/03/2020
» Italy started its first working day after a government decree sought to curb movement within the country’s financial hub. Germany plans to boost investment to help its economy and the Trump administration is drafting measures to blunt the economic fallout from the outbreak.
Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
Set sheds another 2.2% as Asian sentiment subdued
Business, Published on 07/12/2015
» Recap: Asian stocks retreated last week, weighed down by negative factors including downbeat Chinese factory data, signals from Federal Reserve Chair Janet Yellen that an interest-rate increase this month is all but certain, and the smaller-than-expected scale of new stimulus by the European Central Bank. In Thailand, rumours in social media that the European Union (EU) had imposed sanctions against the country triggered panic selling.
Asian energy stocks sink, airlines rise
AFP, Published on 28/11/2014
» HONG KONG — Shares in energy firms tumbled Friday after oil prices hit four-year lows in reaction to Opec's decision to ignore calls for an output cut, although the prospect of cheaper fuel sent airlines surging.
Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
How to control a rising baht?
Jon Fernquest, Published on 12/04/2013
» With the US, Japan & Europe all pumping money into their economies, the baht is rising & exports getting more expensive & less competitive, but what can be done?
World economic slowdown & Thai exports
Jon Fernquest, Published on 09/11/2012
» As US & EU try to stimulate economies out of economic downturn, Asian export sectors that drive economic growth begin to be hit.
IMF praises Bank Of Thailand
Jon Fernquest, Published on 29/08/2012
» Beating inflation with a decade of inflation targeting, keeping the economy stable & running smooth, IMF the lender of last resort in crises appreciates this.