Showing 1 - 10 of 105
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.
KKP wary on baht outlook despite uptick
Business, Published on 07/06/2024
» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
A year of milestones
Business, Post Reporters, Published on 26/12/2023
» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.
Global slowdown threatens Thai growth
Business, Nareerat Wiriyapong, Published on 06/12/2023
» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.
Banking on responsible lending
Business, Somruedi Banchongduang, Published on 18/11/2023
» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.
SCB assesses its digital future
Business, Somruedi Banchongduang, Published on 07/10/2023
» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.
Cloudy global skies, sunshine for the Thai economy
Business, Piyasak Manason, Published on 27/09/2023
» In the fourth quarter of 2023, InnovestX Securities expects the global economy to slow down significantly, with three main themes:
Deputy premier hopeful for 2023
Business, Published on 28/10/2022
» Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.
Oil, war, pandemic: Economic costs mount
Business, Published on 14/03/2022
» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.