Showing 1 - 10 of 91
Reopening hinges on jab strategies
Business, Pathom Sangwongwanich, Published on 09/03/2021
» Vaccination will have a profound impact on Thailand's tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research).
MPC wary of tourist dearth
Business, Pathom Sangwongwanich, Published on 18/02/2021
» The lack of foreign tourist arrivals presents a major risk to Thailand's medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand.
MPC: Growth may fall below forecast
Business, Pathom Sangwongwanich, Published on 07/01/2021
» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.
Virus, fragile labour market threaten economy in 2021: BoT
News, Pathom Sangwongwanich, Published on 31/12/2020
» The global Covid-19 pandemic, combined with a fragile labour market, pose as pertaining risks for the economic recovery in 2021, says the Bank of Thailand.
Fitch warns of steep path without tourists
Business, Pathom Sangwongwanich, Published on 08/10/2020
» Thailand's economy will face a daunting recovery trajectory if tourism does not improve, as economic growth is tied directly and indirectly to foreign tourist arrivals, says Fitch Ratings.
World Bank grim on GDP
Business, Pathom Sangwongwanich, Published on 10/06/2020
» The World Bank has slashed Thailand's GDP outlook for 2020 to a 5% contraction, a drastic cut from 2.7% growth projected previously, as supply chain disruptions and lockdown measures from the coronavirus crisis have triggered an economic downturn.
Bangkok Insurance to drive business on auto segment
Business, Pathom Sangwongwanich, Published on 30/03/2018
» SET-listed Bangkok Insurance Plc (BKI), a non-life insurance company, targets total premiums to expand by 5% this year, driven by penetration of the retail customer base for auto insurance and Thailand's economic recovery.
BoT: Economy failed to reach growth potential
Business, Pathom Sangwongwanich, Published on 04/01/2018
» Thailand's economy gained further traction in 2017, but has not reached its growth potential, while an accommodative monetary policy stance is "necessary" to shore up domestic demand going forward, says the Bank of Thailand.
Kasikorn Securities sounds alarm over uneven recovery
Business, Pathom Sangwongwanich, Published on 23/08/2017
» Despite promising GDP growth in the second quarter, Thailand's economic recovery remains uneven because exports and tourism have reaped the greatest benefits, leaving other sectors in the lurch, says Kasikorn Securities.
With trade weak, East Asia counts on consumption and investment
Asia focus, Pathom Sangwongwanich, Published on 06/02/2017
» Despite the looming possibility of a trade war, economic growth is projected to improve in East Asian countries this year, propelled by two domestic engines of private consumption and public investment, economists say.