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Search Result for “tourist arrivals”

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BUSINESS

BoT slashes its GDP forecast again

Business, Somruedi Banchongduang, Published on 06/05/2021

» The Bank of Thailand (BoT) slashed Thailand's economic growth forecast for 2021 on Wednesday for the second time this year to 1-2%, largely depending on the procurement and distribution of Covid-19 vaccines.

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BUSINESS

BoT to slash growth outlook

Business, Somruedi Banchongduang, Published on 01/05/2021

» The fresh wave of Covid-19 infections has the Bank of Thailand likely to slash its economic growth forecast for this year from a previous prediction of 3%.

BUSINESS

Baht poised to decline on dividend repatriation

Business, Somruedi Banchongduang, Published on 26/03/2021

» Kasikornbank (KBank) expects the baht to briefly dip to 31 against the US dollar in April because of dividend repatriation by foreign investors.

BUSINESS

BoT reduces annual growth forecast to 3%

Business, Somruedi Banchongduang, Published on 25/03/2021

» The Bank of Thailand on Wednesday slashed its economic growth forecast this year to 3% from 3.2% made in December, given the impact of the second wave of Covid-19 infections and tepid tourism.

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BUSINESS

SCB ready to extend relief to hospitality

Business, Somruedi Banchongduang, Published on 05/03/2021

» Siam Commercial Bank (SCB) is ready to prolong its debt holiday programme for the hospitality business in case the Bank of Thailand does not extend its targeted debt relief measures due to expire in June.

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BUSINESS

BoT preps new asset warehouse programme

Business, Somruedi Banchongduang, Published on 26/02/2021

» The Bank of Thailand is preparing an additional measure to help the struggling hospitality and property sectors through an asset warehousing programme.

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BUSINESS

BoT: New wave less of a hit

Business, Somruedi Banchongduang, Published on 26/02/2021

» Thailand's economic conditions last month were affected by the new round of Covid-19, with the pace of economic recovery becoming more uneven, though the impact was smaller than the first wave, says the Bank of Thailand.

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BUSINESS

Plenty of risks on the Thai horizon

Business, Somruedi Banchongduang, Published on 29/01/2021

» Thailand's economy is expected to endure greater risks next year because of higher limitations on fiscal and monetary stimulus, says Standard Chartered Bank (Thai).

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BUSINESS

BoT decreases growth outlook to 3.2% in 2021

Business, Somruedi Banchongduang, Published on 24/12/2020

» With uncertainties and downside risks remaining, the Bank of Thailand has slashed the country's GDP growth outlook for next year by 0.4 percentage points, attributed chiefly to an anticipated delay in tourism recovery.

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BUSINESS

Recovery momentum picks up in Q3

Business, Somruedi Banchongduang, Published on 26/11/2020

» Thailand's economic recovery momentum gained traction thanks to quarter-on-quarter GDP growth in the third quarter, with exports and public investment expected as the main growth drivers for next year, says a research house.