Showing 1 - 10 of 44
Central bank leaves key rate unchanged again
Published on 12/06/2024
» The Bank of Thailand left its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected, despite repeated calls by the government to lower borrowing costs to help revive the economy.
Political turmoil could put handout at risk, say analysts
Published on 31/05/2024
» Rising political uncertainty poses significant risks to Prime Minister Srettha Thavisin’s plan for a 500-billion-baht digital wallet handout to stimulate the economy, say analysts at Citigroup and Nomura Holdings.
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.
Smartphone market shrinks 2% in Q1
Business, Suchit Leesa-nguansuk, Published on 30/05/2024
» Thailand's smartphone market contracted 2% in the first quarter this year because of the slow economic recovery, according to a research paper.
Economic chiefs weigh steps to lift growth, credit access
Published on 27/05/2024
» Thailand’s economic chiefs underscored the need for urgent stimulus measures and improved access to credit for small business to accelerate growth rate in the short-term amid the highest interest rate in a decade and near-zero inflation.
Yong eyes 2 new plants in Rayong
Business, Kanana Katharangsiporn, Published on 23/05/2024
» Yong Concrete, an MAI-listed producer of concrete products, is expanding with two new plants in Rayong to capitalise on rising demand in the Eastern Economic Corridor (EEC), diversifying risk from the property market slowdown and government budget delays.
Southeast Asia 'woefully off track' on green investment, Bain says
Published on 15/04/2024
» SINGAPORE: - Southeast Asia is "woefully off track" on green investments to reduce emissions and needs new policies and financial mechanisms to help bridge the gap, the global consultancy Bain & Company said on Monday.
Global ‘operating profit’ reporting standardised
Published on 09/04/2024
» LONDON - Companies will have to publish standardised operating profit figures from 2027 under new requirements from a global accounting rule-setter to help end what billionaire investor Warren Buffett has called “misleading” numbers.
Central bank rate decision puts spat with PM in spotlight
Bloomberg News, Published on 09/04/2024
» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.
S&P, Fitch say govt debt binge poses risk to fiscal consolidation
Published on 05/04/2024
» The government’s surprise move this week to take on more debt to stimulate the economy risks a setback for its fiscal consolidation efforts though it’s likely to accelerate growth in the near-term, according to ratings companies.