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BUSINESS

Ambiguous growth drivers cloud outlook

Business, Pathom Sangwongwanich, Published on 19/02/2021

» Thailand's economic outlook in the post-Covid-19 period remains vague because of ambiguous growth drivers, with tourism's contribution to GDP unlikely to reach 30% as planned, says a veteran economist.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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).

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

Researchers predict post-pandemic norms

Business, Pathom Sangwongwanich, Published on 21/04/2020

» Societies and consumer behaviour could enter a "next normal" phase where on-demand needs of goods and services are serviced instantly through smartphone applications after the pandemic ends.

BUSINESS

Bank of Thailand: More than one solution

Business, Pathom Sangwongwanich, Published on 03/03/2020

» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.

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

Speculation grows on BX bowing out

Business, Pathom Sangwongwanich, Published on 06/09/2019

» Stringent regulations and imminent market saturation could be the main factors prompting the forthcoming closure of Bitcoin Co Ltd (bx.in.th), Thailand's largest digital asset exchange, say local operators of digital asset exchanges.

BUSINESS

CP chief discusses automation

Business, Pathom Sangwongwanich, Published on 13/08/2019

» Adopting sophisticated technologies to drive operations is high on Charoen Pokphand (CP) Group's agenda, as one of Thailand's largest conglomerates works to enlarge its footprint during the fourth industrial revolution, says chief executive Suphachai Chearavanont.