Showing 1 - 10 of 12
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.
Standard Chartered sees 3.6% growth
Business, Pawee Sirimai, Published on 19/10/2017
» Standard Chartered Bank forecasts the Thai economy will grow 3.6% this year, underpinned by strong export growth, while lower political uncertainty is expected to push GDP growth to 4.3% in 2018.
ADB predicts 3.5% Thai growth
Business, Pawee Sirimai, Published on 21/04/2017
» The Thai economy is expected to expand by 3.5% based on an export recovery and domestic public spending this year, with momentum set to continue next year, raising growth to 3.6%, says the Asian Development Bank (ADB).
BoT predicts more balanced recovery
Business, Pawee Sirimai, Published on 27/01/2017
» A broader-based recovery is expected this year from stronger agricultural and export sectors and more government spending in provincial areas, says the governor of the central bank.
MTL eyes premium growth
Business, Pawee Sirimai, Published on 25/01/2017
» Muang Thai Life Assurance (MTL) is aiming for 10% growth in gross premiums this year after delivering a 10.4% increase in 2016.
US flux may spare Thai companies
Business, Pawee Sirimai, Published on 02/12/2016
» Although the rising trend of the US dollar and interest rate hikes are expected to hurt the credit quality of Asia-Pacific companies, Thailand is seen as relatively resilient to currency exchange exposure, S&P Global says.
Year-end shop hauls to guard against slump
Business, Pawee Sirimai, Published on 29/11/2016
» The government's measures to spur a shopping spree during the festive season are expected to help sustain the economic recovery against temporary negative factors before investment in megaprojects starts to materialise next year, says Bank of Thailand governor Veerathai Santiprabhob.
Baht likely to weaken on Fed rate rise
Business, Pawee Sirimai, Published on 22/11/2016
» The baht is likely to weaken alongside other Asian currencies in expectation of an early rate rise by the US Federal Reserve (Fed) and protectionist trade policies implemented by US President-elect Donald Trump, says an HSBC analyst.
BoT keeps policy rate steady
Business, Pawee Sirimai, Published on 10/11/2016
» The Bank of Thailand's Monetary Policy Committee (MPC) kept its interest rate unchanged yesterday at 1.5% as expected but warned investors to brace for greater fluctuation in financial markets stemming from the policy direction announced by the new US president.
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.