Showing 1 - 10 of 48
MPC wary of tourist dearth
Business, Pathom Sangwongwanich, Published on 18/02/2021
» The lack of foreign tourist arrivals presents a major risk to Thailand's medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand.
Krungsri remains wary with buffers
Business, Pathom Sangwongwanich, Published on 04/02/2021
» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.
BoT signs pact on mediating legal financial disputes
Business, Pathom Sangwongwanich, Published on 27/01/2021
» The Bank of Thailand and the Office of the Court of Justice have signed a memorandum of understanding (MoU) on mediating legal financial disputes for financially-distressed borrowers and small and medium-sized enterprises (SMEs).
Pandemic, e-commerce to influence headline inflation
Business, Pathom Sangwongwanich, Published on 13/01/2021
» Though domestic headline inflation is expected to return to the target band in mid-2021, upcoming inflation dynamics will be marred by changes in the global economic system from the pandemic and e-commerce business, says the Bank of Thailand.
Exchange rates tipped for shaky 2021
Business, Pathom Sangwongwanich, Published on 08/01/2021
» Volatility and malleability are key themes for this year's foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand's surpluses in trade and current accounts, say economists.
MPC: Growth may fall below forecast
Business, Pathom Sangwongwanich, Published on 07/01/2021
» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.
Virus, fragile labour market threaten economy in 2021: BoT
News, Pathom Sangwongwanich, Published on 31/12/2020
» The global Covid-19 pandemic, combined with a fragile labour market, pose as pertaining risks for the economic recovery in 2021, says the Bank of Thailand.
BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 18/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 17/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
Recovery unlikely until 2022
Business, Pathom Sangwongwanich, Published on 08/12/2020
» Thailand's economy is forecast for clear recovery momentum in 2022 as domestic demand will remain weak in 2021, says CIMB Thai Bank (CIMBT).