Showing 1 - 10 of 24
US invasion adds support to strong local currency
Business, Nareerat Wiriyapong, Published on 06/01/2026
» The baht is expected to trade in a range of 31.00-31.85 to the US dollar this week, supported by a rally in global gold prices driven largely by the US invasion in Venezuela.
Pundits see further rate cuts this year
Business, Nareerat Wiriyapong, Published on 01/08/2025
» The Bank of Thailand (BoT) has room to cut the interest rate more than once for the remainder of this year to shore up the economy if the US tariff on Thai goods is not competitive with regional peers, say pundits.
K-Research puts GDP growth at 1.2%
Business, Nareerat Wiriyapong, Published on 18/07/2025
» GDP growth this year could be as low as 1.2% or even less if the government fails to clinch a deal with the US that ensures the reciprocal tariff is competitive with those granted to neighbouring countries, said Kasikorn Research Centre (K-Research).
Analysts: War threatens Thai economy
Business, Nareerat Wiriyapong, Published on 30/06/2025
» Amonthep Chawla, chief economist at CIMB Thai Bank (CIMBT), said even though tensions have eased, the ongoing conflicts in the Middle East remain a threat to the Thai economy, in addition to US President Donald Trump's tariffs and the border dispute with Cambodia.
Bank loans set to edge up 0.6%
Business, Nareerat Wiriyapong, Published on 26/03/2025
» Bank loans are expected to increase marginally by 0.6% to 14.8 trillion baht this year, bouncing back from a contraction last year, driven by large businesses while small and medium-sized enterprises (SMEs) and retail borrowers remain in the red, says Kasikorn Research Center (K-Research).
Baht projected to strengthen
Business, Nareerat Wiriyapong, Published on 22/01/2025
» The baht is likely to strengthen further after it appreciated beyond 34 to the dollar on Tuesday, as Donald Trump's inauguration speech disappointed investors, prompting heavy selling of the dollar for profit-taking, says Kasikorn Research Center (K-Research).
Baht to fall as Trump victory boosts dollar
Business, Nareerat Wiriyapong, Published on 08/11/2024
» The baht could slide further to below 34.5 to the dollar in the short term after the currency fell to a two-month low on Thursday, as the market now expects the Federal Reserve to cut interest rates slower than expected after Donald Trump won the US election, says Kasikorn Research Center (K-Research).
As baht gains, Thai rates primed for a cut
Nareerat Wiriyapong, Published on 24/09/2024
» The rapid appreciation of the baht could prompt the Bank of Thailand to cut interest rates as early as its meeting in mid-October, say analysts, as ongoing inflows would support a further strengthening of the currency
Baht tipped to rise to 36.1 to the greenback
Business, Nareerat Wiriyapong, Published on 09/07/2024
» The baht could appreciate further to 36.1 to the US dollar in the short term following recent gains to a one-month high on Monday as weaker than expected US economic data prompted the market to anticipate the Federal Reserve may start trimming US interest rates in September.
Bank of Thailand likely to maintain interest rates
Business, Nareerat Wiriyapong, Published on 11/06/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) is likely to keep the policy interest rate unchanged at 2.5% at its meeting on Wednesday as May inflation rose sharply, coupled with the expectation of a similar move by the US Federal Reserve this week.