Showing 1 - 10 of 10
Research houses concur on heavy toll
Business, Oranan Paweewun, Published on 04/04/2020
» The Thai economy is forecast to shrink by 4.8% by Asian Development Bank (ADB), 5.6% by Siam Commercial Bank's Economic Intelligence Center (EIC) and 5% by Standard Chartered Bank (Thai), heading for its deepest contraction since the financial meltdown of 1998.
The 2020 guide to market moves
Business, Oranan Paweewun, Published on 16/12/2019
» As the new year approaches, it's time to turn our thoughts to establishing financial goals and investment resolutions.
Central bank's net loss shrank to B154bn in 2018
Business, Oranan Paweewun, Published on 26/04/2019
» The Bank of Thailand's net loss narrowed to 154 billion baht in 2018 from 271 billion in the previous year, largely due to interest earned from foreign reserve investment surpassing interest paid for the first time in several years.
CIMBT: 2019 growth to slow as election stokes uncertainty
Business, Oranan Paweewun, Published on 12/12/2018
» Thai economic growth is expected to cool to 3.7% in 2019 from a 4% forecast for 2018, while the general election could be a threat in the short run as foreign investors hold off on plans as they await the outcome, says a senior economist at CIMB Thai Bank (CIMBT).
KResearch spots 4% GDP growth in 2019
Business, Oranan Paweewun, Published on 08/12/2018
» The Bank of Thailand's rate-setting committee is expected to lift the policy rate for the first time in more than seven years at this year's final meeting on Dec 19, while the Thai economy is projected to grow at a slower pace of 4% next year, down from 4.3% predicted for 2018, says Kasikorn Research Center (KResearch).
Listed banks to see lower Q3 net profit on fee waiver
Business, Oranan Paweewun, Published on 10/10/2018
» SET-listed banks are estimated to deliver lower quarter-on-quarter net profit for the third quarter but higher year-on-year earnings, say analysts, noting the waiver of transaction fees for digital banking dealt a blow to their fee-based income and net profits.
BoT statistics point to riskier mortgages
Business, Oranan Paweewun, Published on 04/10/2018
» Almost half of new mortgages in the second quarter had a loan-to-value (LTV) ratio of more than 90%, and those with a loan-to-income (LTI) ratio above five times made up nearly one-third, says a senior official at the Bank of Thailand.
ADB hikes Thai GDP outlook on strong H1
Business, Oranan Paweewun, Published on 27/09/2018
» The Asian Development Bank (ADB) has raised Thailand's economic growth forecast to 4.5% this year and 4.3% in 2019 after robust growth of 4.8% in the first half amid improving economic prospects.
Veerathai vows to keep steady hand
Business, Oranan Paweewun, Published on 09/03/2018
» Accommodative monetary policy remains necessary as the country's economic recovery remains uneven and subdued inflation offers policy space, says Veerathai Santiprabhob, the Bank of Thailand governor.
Get ahead in tax game
Business, Oranan Paweewun, Published on 24/04/2017
» Most individual taxpayers delay tax planning to end of the year as their financial and tax circumstances do not often change year to year. However, with the new personal income tax structure, which became effective from January this year, early tax planning can help taxpayers rack up bigger savings and also take better advantage of tax-deductible expenses.