Showing 1 - 10 of 43
Baht appreciation pressured by significant challenges
Business, Somruedi Banchongduang, Published on 13/07/2024
» The Thai economy's lower potential growth, a weaker current account surplus and increased capital outflows are pressuring baht appreciation over the longer term, say economists.
Factory closures a growing concern
Business, Somruedi Banchongduang, Published on 12/06/2024
» Kiatnakin Phatra Financial Group (KKP) has expressed growing concern over the weakening of Thailand's manufacturing sector after a surge in factory closures.
Politics plays a role in baht drift
Business, Somruedi Banchongduang, Published on 17/08/2023
» Prolonged political uncertainty is exacerbating baht volatility against the dollar as Thailand still has not formed a new government, says the head of the Bank of Thailand.
Coalition delays seen as threat to growth
Business, Somruedi Banchongduang, Published on 08/06/2023
» The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.
Worries over baht volatility as coalition talks continue
Business, Somruedi Banchongduang, Published on 25/05/2023
» Investors are concerned that the formation of a new government and political risk could lead to higher baht volatility over the next month, says Kasikornbank (KBank).
Economists weigh in on poll winners
News, Somruedi Banchongduang, Published on 16/05/2023
» The banking sector is recommending the new government prioritise elevating the country's competitiveness through the stimulation of consumption, tourism and private investment.
Online voting registration heralded
Business, Somruedi Banchongduang, Published on 05/05/2023
» Allowing eligible citizens to register for online voting in the upcoming general election is a good start as Thailand shuffles towards e-government, according to advisors.
Bank of Thailand puts stability above stimulus
Business, Somruedi Banchongduang, Published on 25/04/2023
» Amid the ongoing recovery pace, the economy no longer requires any stimulus measures, but the country requires normalisation and the implementation of economic measures to support economic stability and potential growth for the longer term, says the governor of the Bank of Thailand.
StanChart sees more stability post-election
Business, Somruedi Banchongduang, Published on 21/04/2023
» Standard Chartered Bank (Thai) expects the new administration is likely to have greater stability and unity than the current government thanks to a stronger political base.
Step right up, hedge your currency bets
Business, Somruedi Banchongduang, Published on 08/03/2023
» If you're planning to travel abroad, it's important to consider the foreign exchange rate to manage your personal finances, especially as the baht is increasingly volatile against the US dollar.