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Search Result for “world number”

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BUSINESS

Chearavanont family keeps crown as rich Thais get richer

Business, Published on 01/06/2017

» The Chearavanont brothers, led by Dhanin Chearavanont, honorary chairman of Charoen Pokphand (CP) Group, Thailand's agriculture and food conglomerate, remain the wealthiest family in Thailand this year, according to Forbes magazine.

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BUSINESS

Set slides below 1,500 on weak earnings outlook

Business, Darana Chudasri, Published on 01/06/2015

» Recap: Anxiety over a potential Greek debt default and tightening margin trading requirements for Chinese brokers rattled Asian stock markets last week. Gloomy earnings prospects and the Thai economic slowdown pulled the local bourse below 1,500 points.

ADVANCED NEWS

Stock market: Sudden fall & weak baht (update)

Jon Fernquest, Published on 12/06/2013

» Baht weakening (& improvement for exporters) after foreign investment money pulled out of Thailand & sent back to US with US credit rating improvement.

ADVANCED NEWS

Rising baht: Dollar borrowing by Thai banks

Jon Fernquest, Published on 20/05/2013

» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.

ADVANCED NEWS

Government control over central bank?

Jon Fernquest, Published on 20/02/2013

» Will long-term inflation control goals of central bank bow to govt belief that cutting rates will help weaken baht & exports?

ADVANCED NEWS

Bank of Thailand: Save first, spend later

Jon Fernquest, Published on 02/11/2012

» Debt of poor households & failure to make monthly payments rising fast after lenders push loans. Campaign to reduce dangerous debt.

ADVANCED NEWS

Central bank independence?

Jon Fernquest, Published on 27/08/2012

» Elected govts push for short-term growth to impress voters, but central banks have long-term responsibilities for economic stability.

ADVANCED NEWS

End of central bank independence?

Jon Fernquest, Published on 30/03/2012

» Everyone wants a weak baht for cheap competitive exports, but there is a limit to what can be done point out central bank bank head & economists.

ADVANCED NEWS

Economic cost of flooding

Jon Fernquest, Published on 18/10/2011

» 1.7% fall in growth, flood prevention investments financed with overseas borrowing, longer debt repayment periods for flood hit companies.

ADVANCED NEWS

A bittersweet relationship

Jon Fernquest, Published on 26/09/2011

» The Bangkok of Thailand and Finance Ministry, a husband & wife who should keep their arguments private, Dr Puey Ungphakorn once reflected.