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Search Result for “tourist”

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BUSINESS

MPC maintains policy interest rate at year's final meeting

Business, Pathom Sangwongwanich, Published on 17/12/2015

» The Bank of Thailand's Monetary Policy Committee (MPC) on Wednesday kept its policy interest rate unchanged as expected, seeing brighter prospects for upside risks to this year's economic growth.

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BUSINESS

Q3 likely to stay frigid

Business, Pathom Sangwongwanich, Published on 16/11/2015

» Year-on-year growth is likely to show further cooling in the third quarter due largely to last year's high base effect and prolonged sluggishness in domestic demand and private investment, say economists.

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BUSINESS

BoT: Subtle signs of an uptick

Business, Pathom Sangwongwanich, Published on 31/10/2015

» Thailand’s economic recovery momentum continued slowly in the third quarter, driven mainly by private sector consumption and investment, as external downside risks still cloud the country’s growth outlook, says the Bank of Thailand.

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WORLD

World Bank, SCB unit slash views

Business, Pathom Sangwongwanich, Published on 06/10/2015

» The World Bank and the SCB Economic Intelligence Center (EIC) have jumped on the forecast-cutting bandwagon for this year and next, fanning fears that there is no light at the end of tunnel for the Thai economy.

BUSINESS

Glimmer of hope discerned amid dismal August figures

Business, Pathom Sangwongwanich, Published on 01/10/2015

» Overall recovery momentum remained fragile in August, although capital goods imports and tourism showed improvement, says the Bank of Thailand.

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BUSINESS

Prasarn: Let market forces drive baht

Business, Pathom Sangwongwanich, Published on 17/08/2015

» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.

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BUSINESS

China slowdown threatens Thai exports

Business, Pathom Sangwongwanich, Published on 14/07/2015

» The Monetary Policy Committee (MPC) has cautioned that China's worse-than-expected economic slowdown could pose further downside risks to the already struggling Thai economy.

BUSINESS

Exports hit by China's downturn

Business, Pathom Sangwongwanich, Published on 16/05/2015

» China’s economic slowdown is expected to hurt Thai export prospects further, but the effect on tourism should be minimal, says a senior Bank of Thailand official.

BUSINESS

Currency war can be avoided, says HSBC

Business, Pathom Sangwongwanich, Published on 18/03/2015

» Thailand could mitigate risk against a possible currency war in Asia by using its fiscal policy on infrastructure spending to shore up imports, thus narrowing the country's trade balance and reducing capital inflows, says an HSBC executive.

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BUSINESS

Thai stock market offers 5-10% upside

Business, Pathom Sangwongwanich, Published on 16/02/2015

» The Thai stock market is expected to offer a mere 5-10% upside gain this year as the country's economic recovery remains uneven and domestic political uncertainties still loom, says an Amundi Asset Management executive.