Showing 1 - 10 of 14
KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
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.
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.
ADB urges $8bn extra annual spend
Business, Pawee Sirimai, Published on 24/08/2017
» An additional US$8 billion (267 billion baht) of annual infrastructure investment is needed for Thailand through 2030 to accelerate the country's economic growth pace to 4.2%, says the Asian Development Bank (ADB).
Asean office issues rosy outlook for Thai growth
Business, Pawee Sirimai, Published on 13/06/2017
» The Asean+3 Macroeconomic Research Office (Amro) is upbeat that the Thai economy will remain on solid footing, and policymakers stand ready to adopt both fiscal and monetary policies to support the economy if needed.
BoT warns public about Onecoin currency
Business, Pawee Sirimai, Published on 28/04/2017
» The Bank of Thailand has warned people to avoid investing in illegal digital currency called Onecoin, which spreading is in the country, saying it cannot be used as legal tender.
Official: Baht surge fits fundamentals
Business, Pawee Sirimai, Published on 21/03/2017
» The strengthening baht is in line with the economy's fundamentals and no intervention by the central bank is needed, says a high-ranking finance official.
Thai economy set to hold steady
Business, Pawee Sirimai, Published on 04/01/2017
» The Thai economy looks poised for modest growth in 2017 as domestic strengths are expected to cushion larger downside risks from external headwinds, the central bank and economists say.
Confidence drops to neutral
Business, Pawee Sirimai, Published on 07/12/2016
» Investor confidence for the three months to February weakened from last month's survey, weighed by the possibility of persistent capital outflows from emerging markets triggered by US President-elect Donald Trump's inwardly focused policies.
Polls signal divided government
Business, Pawee Sirimai, Published on 09/11/2016
» While most polls point to Hillary Clinton defeating Donald Trump in the presidential election, the Democrat faces an uphill battle to stimulate the US economy in the short run because the Republican Party is likely to tighten its grip on other offices, a local economist says.