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BUSINESS

BoT poised to raise rate by quarter-point

Business, Somruedi Banchongduang, Published on 27/03/2023

» The Bank of Thailand is expected to raise its policy rate by 0.25 percentage points on Wednesday to contain inflation amid the economic recovery while trying to ease baht volatility, say economists.

BUSINESS

BBL frets about 2019 as buyer sentiment dwindles

Business, Somruedi Banchongduang, Published on 15/12/2018

» Bangkok Bank (BBL) has voiced concerns that sluggish private consumption could lower the country's GDP growth to below 4% next year.

BUSINESS

KBank confident of mortgage growth despite curbs

Business, Somruedi Banchongduang, Published on 11/10/2018

» Kasikornbank (KBank), the country's third-largest lender by assets, expects to reach its mortgage growth target of 5% this year, even with the Bank of Thailand's recent macro-prudential policy to cool down the mortgage market.

BUSINESS

BoT eases capital outflow rules to cool down baht

Business, Somruedi Banchongduang, Published on 02/02/2018

» The Bank of Thailand has further eased rules to encourage more capital outflows by allowing a greater number of retail investors to directly put money into overseas securities. The move is part of efforts to rein in the stronger baht.