Showing 1 - 10 of 45
BoT nears QAB deal with Malaysians
Business, Pawee Sirimai, Published on 29/11/2017
» The Bank of Thailand expects to reach a conclusion with Bank Negara Malaysia on long-awaited Qualified Asean Banking (QAB) criteria soon, paving the way for indigenous banks in one country to operate in the other and receive similar treatment as local banks.
State banks urged to support more SMEs
Business, Pawee Sirimai, Published on 07/11/2017
» Deputy Prime Minister Somkid Jatusripitak is urging state-owned banks to play a more aggressive role in supporting small and medium-sized enterprises (SMEs).
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.
BoT: Exports back GDP growth uptick
Business, Pawee Sirimai, Published on 03/10/2017
» The Bank of Thailand is optimistic about the country's economic outlook, which is supported by strong growth in exports, says central bank governor Veerathai Santiprabhob.
Potential US rate rise puts brakes on fund inflows
Business, Pawee Sirimai, Published on 30/09/2017
» The influx of offshore funds into Thailand has slowed after the US Federal Reserve signalled another rate rise this year, says a senior Bank of Thailand official.
TMB raises GDP forecast with caveat
Business, Pawee Sirimai, Published on 08/09/2017
» TMB Analytics has revised up its forecast for Thailand's full-year economic growth to 3.5% from 3.3% in the wake of robust exports. But TMB Bank's research house raised concerns about the concentration of economic activity in a few large corporations.
Private sector stays cautious on exports
Business, Pawee Sirimai, Published on 06/09/2017
» Thailand's top business group is keeping this year's export forecast at 3.5-4% as it remains cautious over a number of downside risks.
BoT: Farm incomes down 2.6% in July
Business, Pawee Sirimai, Published on 01/09/2017
» Nominal farm income registered the first contraction of the year in July, continuing to weigh down on private consumption throughout the third quarter, says a Bank of Thailand senior official.
Moody's warns of banking sector risks
Business, Pawee Sirimai, Published on 23/08/2017
» Thai banks still face a variety of risks, including high household debt, economic growth with high exposure to external demand and rising restructured loans, says Moody's Investors Service.
BoT unveils SME forex option contract
Business, Pawee Sirimai, Published on 18/08/2017
» The Bank of Thailand plans to roll out a foreign exchange option with a lower fee to encourage small and medium-sized enterprises (SME) to access forex hedging tools in dealing with the firmer baht.