Showing 1 - 10 of 121
Exchange rates tipped for shaky 2021
Business, Pathom Sangwongwanich, Published on 08/01/2021
» Volatility and malleability are key themes for this year's foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand's surpluses in trade and current accounts, say economists.
MPC: Growth may fall below forecast
Business, Pathom Sangwongwanich, Published on 07/01/2021
» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.
SET rebound tops Asia-Pacific markets
Pathom Sangwongwanich, Published on 20/03/2020
» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.
Bank of Thailand: More than one solution
Business, Pathom Sangwongwanich, Published on 03/03/2020
» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.
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).
MPC details path to higher interest rate
Business, Pathom Sangwongwanich, Published on 29/11/2018
» The Bank of Thailand is set to begin raising the policy interest rate once economic growth and inflation move within their targets because financial vulnerabilities have started to become more widespread, in part because of the prolonged low interest rate.
Interest rate hikes to deliver slow burn
Business, Pathom Sangwongwanich, Published on 17/10/2018
» Despite the prospect of higher interest rates in Thailand, borrowers across the board are unlikely to be hurt because the pass-through effect for rate hikes takes time to surface, says Kasikorn Research Centre (K-Research).
Tisco sees B7bn foreign sell-off on tepid Q2 earnings
Business, Pathom Sangwongwanich, Published on 10/08/2018
» The foreign sell-off in equities could reach 7 billion baht this month and next, with foreign and institutional investors expected to dump large-cap stocks because of lacklustre second-quarter earnings, says Tisco Securities.
World Bank sees growth let-up
Business, Pathom Sangwongwanich, Published on 07/06/2018
» Thailand's GDP growth is forecast at 3.8% for both 2019 and 2020, down from an expected 4.1% this year, the World Bank says, citing the gradual structural slowdown in China.
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.