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BUSINESS

Economists predict at least 2 more BoT rate reductions

Business, Nareerat Wiriyapong, Published on 11/07/2025

» The Bank of Thailand is expected to cut the policy interest rate at least twice more this year as the economy could contract by 0.1-1.1% if a US tariff of 29-36% is slapped on Thai exports, say economists.

BUSINESS

SCB economists cut Thai growth outlook

Business, Nareerat Wiriyapong, Published on 10/04/2025

» SCB EIC, the research centre of Siam Commercial Bank (SCB), has downgraded Thailand's economic growth forecast this year to 1.4-1.5% from 2.4% after US President Donald Trump's tariff hike on Thai imports.

BUSINESS

BoT rate cut likely as growth is insufficient

Business, Nareerat Wiriyapong, Published on 19/02/2025

» A disappointing GDP rate in the fourth quarter of 2024 raises the probability that the Bank of Thailand will cut the policy rate in the first half this year, say economists, while being a potential target of US reciprocal tariffs puts the country's growth this year at risk.

BUSINESS

GDP growth under pressure amid threat of US tariff hikes

Business, Nareerat Wiriyapong, Published on 27/12/2024

» Thai GDP might expand at a slower pace in 2025 than the projected growth of 2.6% this year, as the policies of US President-elect Donald Trump could put pressure on exports, which have rebounded significantly to become a major growth driver of the economy.

PROPERTY

Hylife Group aims to go public by 2030

Business, Nareerat Wiriyapong, Published on 18/09/2024

» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.

BUSINESS

Connecting with Laos

Asia focus, Nareerat Wiriyapong, Published on 20/09/2021

» Landlocked but rich in natural resources and geographically diverse, Laos has a lot to offer. Significant investments from neighbours including China have helped the country achieve economic growth of 6-7% a year over the past decade. Yet, inadequate infrastructure and the absence of a skilled workforce are among the reasons Laos has yet to fulfil its potential.

BUSINESS

US' diplomatic overtures to Asean

Asia focus, Nareerat Wiriyapong, Published on 16/08/2021

» The visit by US Vice President Kamala Harris to Southeast Asia later this month underlines the importance of the 10-member bloc to US foreign policy strategy under Joe Biden's presidency.

BUSINESS

Rise of the Robots

Asia focus, Nareerat Wiriyapong, Published on 17/05/2021

» The world is witnessing the rapid advancement of technologies and automation in almost every aspect of work today. Businesses are adopting automation and robotics to revolutionise their workplaces, partly to help save costs but also to boost productivity and growth, and for safety reasons.

BUSINESS

In the driver's seat

Asia focus, Nareerat Wiriyapong, Published on 14/12/2020

» Ramesh Narasimhan has loved cars since he was young. The holder of an MBA from Australia's Monash University has turned his passion for cars into a successful career, and two decades on he still finds it fun to come to work every day.

OPINION

Take your trash somewhere else

Asia focus, Nareerat Wiriyapong, Published on 03/06/2019

» Malaysia made a clear statement last week that it is ready to take aggressive moves against countries that dump plastic waste in the country, which this year became the world's main destination for the substances.