Showing 1 - 10 of 22
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
MPC keeps policy rate unchanged at 1.5%
Business, Pawee Sirimai, Published on 09/11/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy interest rate unchanged yesterday as widely expected, saying the economy has grown at a faster pace than expected.
Inflation target left untouched
Business, Pawee Sirimai, Published on 20/10/2017
» The Bank of Thailand will maintain its inflation target band of 1-4% for next year on expectations that inflation will fall back to the lower band by mid-2018, says governor Veerathai Santiprabhob.
Standard Chartered sees 3.6% growth
Business, Pawee Sirimai, Published on 19/10/2017
» Standard Chartered Bank forecasts the Thai economy will grow 3.6% this year, underpinned by strong export growth, while lower political uncertainty is expected to push GDP growth to 4.3% in 2018.
Central bank's MPC predicts growth, with caveats
Business, Pawee Sirimai, Published on 12/10/2017
» The Bank of Thailand's rate-setting committee foresees further economic growth but is concerned over rising bad loans in the short term and search-for-yield behaviour increasing amid the low-interest-rate environment.
Central bank vigilant of future risks
Business, Pawee Sirimai, Published on 20/06/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) and Financial Institutions Policy Committee (FIPC) say Thailand's financial system still faces several risk factors in the periods ahead.
EDC terminal installation misses mark
Business, Pawee Sirimai, Published on 09/06/2017
» The government's plan to completely install 560,000 credit and debit card-swiping terminals by the first quarter of next year could be delayed, says a senior Bank of Thailand official.
BoT losses taper off
Business, Pawee Sirimai, Published on 27/05/2017
» The Bank of Thailand's net loss narrowed by 9% to 80.8 billion baht in 2016, with the central bank saying its accumulated losses would not affect operations.
BoT: Bourse outflows to be expected
Business, Pawee Sirimai, Published on 12/05/2017
» Ongoing fund outflows from the Thai stock market are in line with the Bank of Thailand's expectations and the phenomenon is commonly seen in emerging markets, says the central bank chief.
MPC strikes measured tone in minutes
Business, Pawee Sirimai, Published on 13/04/2017
» Thai economic growth is still in the early stages and not yet broad-based, according to the edited minutes of the Monetary Policy Committee's (MPC) meeting on March 29.