Showing 1 - 10 of 21
FIDF asks more of banks
Business, Pawee Sirimai, Published on 22/11/2017
» The proposed amendment of the Bank of Thailand Act will require financial institutions to contribute in the event of future bailout. This contribution requirement will be made only post-crisis not pre-crisis.
Standard Chartered sees 3.6% growth
Business, Pawee Sirimai, Published on 19/10/2017
» Standard Chartered Bank forecasts the Thai economy will grow 3.6% this year, underpinned by strong export growth, while lower political uncertainty is expected to push GDP growth to 4.3% in 2018.
Demand for B/E cools after defaults
Business, Pawee Sirimai, Published on 18/10/2017
» Bills of exchange (B/E) issuance continues to drop this year as companies have shifted to rely on other debt instruments after a series of B/E defaults occurred late last year, says the Thai Bond Market Association (TBMA).
SEC set to tighten up B/E regulations
Business, Pawee Sirimai, Published on 12/10/2017
» The Securities and Exchange Commission (SEC) is expected to tighten its regulations on bills of exchange (B/E) by limiting the number of entities in which funds can be privately placed to no more than 10 deep-pocketed investors.
BoT relaxes capital curbs for flexibility
Business, Pawee Sirimai, Published on 05/09/2017
» The Bank of Thailand has further relaxed curbs on capital outflows with the goal of widening overseas investment opportunities for local investors, giving more flexibility to money changers and creating a balance of fund flows to weaken the strong baht.
Personal debt still hampers spending
Business, Pawee Sirimai, Published on 30/08/2017
» Even though household debt has been quite stable, massive leverage will continue to weigh on economic growth over the next few years, warns a high-ranking official at the Bank of Thailand.
ADB urges $8bn extra annual spend
Business, Pawee Sirimai, Published on 24/08/2017
» An additional US$8 billion (267 billion baht) of annual infrastructure investment is needed for Thailand through 2030 to accelerate the country's economic growth pace to 4.2%, says the Asian Development Bank (ADB).
Growth expected to hold steady
Business, Pawee Sirimai, Published on 01/08/2017
» Economic growth in the second quarter is expected to be close to the first quarter's reading of 3.3% and accelerate to 3.7% in the second half, says a senior Bank of Thailand official.
Baht's sharp rise on BoT radar
Business, Pawee Sirimai, Published on 26/07/2017
» The Bank of Thailand has acknowledged the baht's rapid climb against the US dollar recently, a movement that it says warrants close monitoring.
UOB predicts Chinese uptick
Business, Pawee Sirimai, Published on 13/07/2017
» Chinese direct investment into Thailand will continue to pick up, supported by current infrastructure investment and Xi Jinping's Belt and Road initiative, says United Oversea Bank (UOB).