Showing 1 - 10 of 106
Krungsri Research upbeat on economic forecast for Q1
Business, Somruedi Banchongduang, Published on 24/02/2024
» Krungsri Research forecasts the Thai economy will not enter a technical recession as the outlook improved for the first quarter this year.
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.
BoT optimistic regarding growth as tourism recovers
Business, Somruedi Banchongduang, Published on 01/11/2023
» The Bank of Thailand expects the economy to have a better growth rate in the third quarter than the second after expansion missed the central bank's target for the previous quarter.
As growth slows, BoT trims 2023 projection
Business, Somruedi Banchongduang, Published on 06/09/2023
» The Bank of Thailand reduced its growth projection for 2023 this month after GDP and the inflation rate were lower than forecast.
Bank of Thailand gauges effect of handout
Business, Somruedi Banchongduang, Published on 01/09/2023
» The Bank of Thailand expects the Pheu Thai Party's proposed 10,000-baht digital handout scheme will require a total budget of around 500 billion baht, adding 3% to GDP growth next year.
BoT calls for stable policies
Business, Somruedi Banchongduang, Published on 20/07/2023
» Public confidence is more important than the new face of the upcoming coalition government and the new prime minister, while policy normalisation and the stability of fiscal and monetary policies are still required from the new government rather than economic stimulus, according to the governor of the Bank of Thailand.
Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
Coalition delays seen as threat to growth
Business, Somruedi Banchongduang, Published on 08/06/2023
» The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.
Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
Alipay predicts jump in mobile payments
Business, Somruedi Banchongduang, Published on 21/02/2023
» Alipay Thailand expects mobile payments made by Chinese travellers in Thailand to surge this year thanks to China's reopening.