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BUSINESS

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.

BUSINESS

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.

BUSINESS

Fitch warns of steep path without tourists

Business, Pathom Sangwongwanich, Published on 08/10/2020

» Thailand's economy will face a daunting recovery trajectory if tourism does not improve, as economic growth is tied directly and indirectly to foreign tourist arrivals, says Fitch Ratings.

BUSINESS

TBMA to pioneer DLT sandbox project

Business, Pathom Sangwongwanich, Published on 13/12/2019

» The Securities and Exchange Commission (SEC) has appointed the Thai Bond Market Association (TBMA) as a licensed securities depository to test distributed ledger technology (DLT) in a regulatory sandbox project.

BUSINESS

OIC considers special licence for digital business

Business, Pathom Sangwongwanich, Published on 05/12/2019

» The Office of the Insurance Commission (OIC) is studying the possibility of issuing a special licence for digital insurance business to encourage traditional insurance firms to revamp their business model amid disruptive technology.

BUSINESS

Goldman Sachs says 2020 global recession unlikely

Business, Pathom Sangwongwanich, Published on 14/11/2019

» Despite the manufacturing sector's troubles and Sino-US trade tensions, the prospects of a global economic recession occurring next year are low as fundamentals drivers of growth in major economies still remain healthy, says Goldman Sachs Asset Management.

BUSINESS

Baht veering to less than 30 against greenback next year

Business, Pathom Sangwongwanich, Published on 22/10/2019

» The baht's strengthening value could breach the band of 30 per US dollar next year, mainly because of Thailand's huge current account surplus, says Krungthai Asset Management (KTAM).

BUSINESS

Barriers, data dearth hamper Asian market

Business, Pathom Sangwongwanich, Published on 01/08/2019

» Despite healthy GDP growth, the Southeast Asian property market still has investment barriers and a lack of data, says Credit Suisse.

BUSINESS

Digital asset scope may grow

Business, Pathom Sangwongwanich, Published on 23/07/2019

» The Securities and Exchange Commission (SEC) is conducting a public hearing to expand the scope of businesses under the digital asset royal decree.

BUSINESS

Wage hike could repel Chinese firms

Business, Pathom Sangwongwanich, Published on 04/07/2019

» A hike in the daily minimum wage could discourage Chinese manufacturers in labour-intensive industries from relocating their production base to Thailand, says a Chinese banking executive.