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Search Result for “tourism recovery”

Showing 1 - 10 of 33

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BUSINESS

KBank: Minimum 3.9% GDP growth

Business, Pawee Sirimai, Published on 24/11/2017

» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.

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BUSINESS

Q3 growth of 3.7-4% forecast

Business, Pawee Sirimai, Published on 20/11/2017

» Thailand's economic growth is expected to expand by 3.7-4% during the three months to September mainly because of stronger growth in exports and tourism, say economists.

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BUSINESS

BoT: Commercial banks' bad loans to peak in Q4

Business, Pawee Sirimai, Published on 11/11/2017

» Commercial lenders' bad loans will peak at just above 3% of loans outstanding this quarter, says a senior Bank of Thailand official.

BUSINESS

MPC keeps policy rate unchanged at 1.5%

Business, Pawee Sirimai, Published on 09/11/2017

» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy interest rate unchanged yesterday as widely expected, saying the economy has grown at a faster pace than expected.

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BUSINESS

BoT alarm over plight of poor

Business, Pawee Sirimai, Published on 07/10/2017

» The Bank of Thailand has painted a gloomy picture of private consumption prospects, saying the income of those at the bottom of the economic ladder is slow to recover while their debts keep increasing.

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BUSINESS

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.

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BUSINESS

BoT chief puts focus on stability

Business, Pawee Sirimai, Published on 19/09/2017

» Bank of Thailand governor Veerathai Santiprabhob says the rate-setting committee must give weight to financial stability in deciding on the policy rate, in addition to short-term benefits.

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BUSINESS

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.

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BUSINESS

Personal debt still hampers spending

Business, Pawee Sirimai, Published on 30/08/2017

» Even though household debt has been quite stable, massive leverage will continue to weigh on economic growth over the next few years, warns a high-ranking official at the Bank of Thailand.

BUSINESS

World Bank ups Thai GDP forecast

Business, Pawee Sirimai, Published on 25/08/2017

» The World Bank has a more bullish view on Thai economic growth, raising its estimate to 3.5% this year and 3.6% in 2018 after a stronger-than-expected first half for exports and tourism.