Showing 1 - 8 of 8
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.
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).
SET rebound tops Asia-Pacific markets
Pathom Sangwongwanich, Published on 20/03/2020
» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.
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.
Political uncertainty hurts GDP view
Business, Pathom Sangwongwanich, Published on 25/04/2019
» Domestic political uncertainty warrants a downside risk for Thailand's GDP growth outlook this year because a delay in forming the new government could curtail public investment projects and dent private investment incentives, says the World Bank.
MPC details path to higher interest rate
Business, Pathom Sangwongwanich, Published on 29/11/2018
» The Bank of Thailand is set to begin raising the policy interest rate once economic growth and inflation move within their targets because financial vulnerabilities have started to become more widespread, in part because of the prolonged low interest rate.
Interest rate hikes to deliver slow burn
Business, Pathom Sangwongwanich, Published on 17/10/2018
» Despite the prospect of higher interest rates in Thailand, borrowers across the board are unlikely to be hurt because the pass-through effect for rate hikes takes time to surface, says Kasikorn Research Centre (K-Research).
World Bank sees growth let-up
Business, Pathom Sangwongwanich, Published on 07/06/2018
» Thailand's GDP growth is forecast at 3.8% for both 2019 and 2020, down from an expected 4.1% this year, the World Bank says, citing the gradual structural slowdown in China.