Showing 1 - 10 of 13
BoT moves to curb strengthening baht
News, Pathom Sangwongwanich, Published on 21/11/2020
» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.
Political uncertainty hurts GDP view
Business, Pathom Sangwongwanich, Published on 25/04/2019
» Domestic political uncertainty warrants a downside risk for Thailand's GDP growth outlook this year because a delay in forming the new government could curtail public investment projects and dent private investment incentives, says the World Bank.
'No way' Thailand is a currency manipulator
Business, Pathom Sangwongwanich, Published on 26/06/2017
» Thailand's risk of being labelled a currency manipulator by the US is "de minimis" or unlikely as the baht movement is in line with other Asian currencies, says an executive at Citibank.
Central bank wary about Q3
Business, Pathom Sangwongwanich, Published on 18/08/2016
» The business environment in the third quarter is expected to improve at a gradual pace, supported by private consumption and tourism, says the Bank of Thailand.
BoT gloomy on growth
Business, Pathom Sangwongwanich, Published on 09/03/2016
» The Bank of Thailand is to revise its forecast for this year's economic growth due to heightening downside risks but further monetary easing is not appropriate in addressing short-term shocks, says governor Veerathai Santiprabhob.
IMF backs fiscal plan
Business, Pathom Sangwongwanich, Published on 08/12/2015
» The government's infrastructure investment plans are not expected to pose a threat to Thailand's fiscal health, as authorities have taken several steps to uphold financial discipline, says the International Monetary Fund (IMF).
Q2 growth of less than 3% foreseen
Business, Pathom Sangwongwanich, Published on 11/08/2015
» Second-quarter figures are expected to show the economy expanded at a weaker pace than in the first quarter, at less than 3% year-on-year.
BoT optimistic about exports, tourism rebound
Business, Pathom Sangwongwanich, Published on 01/04/2014
» Economic growth in the first quarter may contract compared with the previous quarter as there are solid signs of a downturn, but a recovery in exports and tourism is expected to revive momentum in the second quarter, says a senior Bank of Thailand official.
Political vacuum 'damaging'
Business, Pathom Sangwongwanich, Published on 11/01/2014
» The Bangkok shutdown by anti-government protesters and the absence of a functional government could shave one percentage point off Thailand's economic growth, says an academic.
Economic loss 'less than from floods'
Business, Pathom Sangwongwanich, Published on 09/01/2014
» Even though the potential impact on the economy from the planned Bangkok shutdown remains uncertain, the scale of the loss is expected to be less than that from the 2011 floods, economists say.