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Search Result for “shock”

Showing 1 - 10 of 10

BUSINESS

Growth to hit new depths

Somruedi Banchongduang, Published on 29/01/2026

» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.

BUSINESS

Gold and baht causing headaches for central bank

Somruedi Banchongduang, Published on 16/09/2025

» The increase in errors and omissions in Thailand’s balance of payments may be linked to gold trading and the baht’s appreciation against the US dollar, says the head of the Bank of Thailand.

BUSINESS

Thai central bank sees 18 months of sub-2% growth

Business, Somruedi Banchongduang, Published on 10/07/2025

» The Bank of Thailand has assessed the Thai economy is likely to grow at a rate of less than 2% over the next 18 months, primarily due to pressures from US tariff policies.

BUSINESS

BoT warns of long path to recovery

Business, Somruedi Banchongduang, Published on 13/05/2025

» Structural problems are a key concern undermining Thailand's future growth potential, Bank of Thailand governor Sethaput Suthiwartnarueput has warned in a harrowing forecast of the country's economic future.

BUSINESS

Earthquake set to worsen tourism market

Business, Somruedi Banchongduang, Published on 01/04/2025

» The Bank of Thailand believes the earthquake will further slow the already sluggish recovery of the property sector and impact foreign tourist arrivals.

BUSINESS

New BoT study explores inflation data

Business, Somruedi Banchongduang, Published on 10/09/2022

» The Bank of Thailand's Puey Ungphakorn Institute for Economic Research (Pier) forecasts the country's high inflation rate will unravel naturally in the medium to long term because rising inflation is mainly a result of specific factors rather than macroeconomic issues.

BUSINESS

BoT balloons inflation view to 4.9%

Business, Somruedi Banchongduang, Published on 31/03/2022

» The Bank of Thailand (BoT) skyrocketed its inflation rate forecast for this year to 4.9% from 1.7% because of energy and food price surges attributed to supply shock from the Russia-Ukraine war.

BUSINESS

SCB sees stagflation for Thai economy

Business, Somruedi Banchongduang, Published on 30/03/2022

» Thailand's economy has gone into stagflation because of a fragile recovery and surging price hikes, says an economist at the Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank (SCB).

BUSINESS

World Bank upbeat on Thai growth

Business, Somruedi Banchongduang, Published on 15/12/2021

» The World Bank predicts Thai economic activity will return to 2019 levels by the end of 2022, helping support GDP growth of 3.9% next year, up from 1% this year.

BUSINESS

Policy rate maintained

Business, Somruedi Banchongduang, Published on 20/09/2018

» The Bank of Thailand stood pat on its policy rate as widely expected Wednesday, but an additional committee member unexpectedly voted for a 25-basis point hike, reinforcing signs that the rate will increase at coming meetings for the first time since 2011.