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Search Result for “election”

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THAILAND

BoT moves to curb strengthening baht

News, Pathom Sangwongwanich, Published on 21/11/2020

» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.

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BUSINESS

US mulls listing Thailand as currency manipulator

Business, Pathom Sangwongwanich, Published on 02/01/2020

» Thailand could meet the three criteria of the US Treasury Department's foreign exchange report in the coming periods, possibly putting the country on a monitoring list of currency manipulators, says Siam Commercial Bank's Economic Intelligence Centre (EIC).

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BUSINESS

CEOs bemoan election effects

Business, Pathom Sangwongwanich, Published on 26/04/2019

» More than a third of chief executives at 117 SET-listed companies expect domestic political uncertainty arising from Thailand's general election to take a toll on domestic demand, the capital market and economic growth prospects.

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BUSINESS

Tisco sees B7bn foreign sell-off on tepid Q2 earnings

Business, Pathom Sangwongwanich, Published on 10/08/2018

» The foreign sell-off in equities could reach 7 billion baht this month and next, with foreign and institutional investors expected to dump large-cap stocks because of lacklustre second-quarter earnings, says Tisco Securities.

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BUSINESS

BoT: Economy failed to reach growth potential

Business, Pathom Sangwongwanich, Published on 04/01/2018

» Thailand's economy gained further traction in 2017, but has not reached its growth potential, while an accommodative monetary policy stance is "necessary" to shore up domestic demand going forward, says the Bank of Thailand.