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Search Result for “tourist arrivals”

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GENERAL

Improved economic data in July

Business, Somruedi Banchongduang, Published on 31/08/2024

» Economic data in July improved from the previous month, mainly attributed to exports and tourism, according to the Bank of Thailand.

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GENERAL

Central bank reassessing consumer lending rules

Business, Somruedi Banchongduang, Published on 01/08/2024

» The Bank of Thailand is reviewing its regulations on loan-to-value (LTV) ratios for mortgage loans and minimum payments for credit cards amid the weakened debt servicing ability of individual borrowers.

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GENERAL

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.

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INVESTMENT

SCB EIC wary of risk to foreign investment

Business, Somruedi Banchongduang, Published on 19/06/2024

» SCB EIC, a research centre under Siam Commercial Bank, has expressed concerns about heightened political risks undermining foreign investment in both financial and capital markets, as well as long-term foreign direct investment.

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INVESTMENT

Private investment advanced in April thanks to new cars

Business, Somruedi Banchongduang, Published on 01/06/2024

» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.

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GENERAL

BoT: Baht to reverse course in H2

Business, Somruedi Banchongduang, Published on 01/05/2024

» The baht depreciation softened in April, supported by the Thai economy's improving momentum, while a central bank executive expects the local currency to strengthen in the second half of this year.

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GENERAL

Central bank set to cut growth outlook

Business, Somruedi Banchongduang, Published on 01/02/2024

» The Bank of Thailand (BoT) is likely to slash the country's gross domestic product (GDP) outlook for 2024 after growth in the fourth quarter of last year was weaker than expected.

GENERAL

Citibank: BoT likely to freeze rates for 2 years

Business, Somruedi Banchongduang, Published on 20/01/2024

» Citibank Thailand expects the Bank of Thailand to keep its policy rate steady for two years, in line with a gradual economic recovery and no inflationary pressure.

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GENERAL

K-Research puts GDP gain at 3.1%

Business, Somruedi Banchongduang, Published on 13/12/2023

» Kasikorn Research Center (K-Research) predicts GDP growth of 3.1% next year, with expansion of 3.6% possible if the 10,000-baht digital wallet handout is implemented.

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GENERAL

BoT puts last quarter GDP growth at 3.7%

Somruedi Banchongduang, Published on 30/11/2023

» The Bank of Thailand (BoT) predicts gross domestic product (GDP) growth of 3.7% in the final quarter this year, attributed to the low-base effect amid a continued recovery driven by private consumption and tourism.