Showing 1 - 10 of 17
Thailand risks credit rating downgrade, opposition warns
Bloomberg News, Published on 26/09/2024
» Thailand runs a "very alarming" risk of credit rating downgrades if the government does not rein in its massive pile of debt to prop up Southeast Asia's second-largest economy, according to the country's biggest opposition group.
Baht rises to strongest since March 2022 amid exporters worries
Bloomberg News, Published on 25/09/2024
» The baht gained to its strongest level in 30 months as Chinas stimulus boosted risk assets globally, adding pressure on the Bank of Thailand (BoT) to act to curb its rally.
Bank of Thailand stresses independence
Bloomberg News, Published on 20/09/2024
» Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on Friday stressed the need for central bank independence in setting monetary policy amid a lengthy disagreement with the government over whether or not interest rates should be cut to support the economy.
Thailand to boost borrowing by 8% to $78 billion
Bloomberg News, Published on 17/09/2024
» The government plans to increase borrowing by 8% to about 2.6 trillion baht (US$78.2 billion) for the 2025 fiscal year starting on Oct 1, according to three market sources and a government presentation seen by Reuters.
Southeast Asia solar boom at risk from US-China trade stress
Bloomberg News, Published on 21/08/2024
» SINGAPORE - The future of Southeast Asia's booming solar industry, which produces the most panels in the world after China, is being thrown into doubt as the United States looks set to impose hefty tariffs on the region.
Sports and music tourism will soon represent a 53 trillion baht economy
Bloomberg News, Published on 02/08/2024
» If you have lost track of how many people in your orbit have recently posted pictures of themselves at a Formula One race or Taylor Swift concert, chances are you are not alone.
Thai billionaire Sarath to merge energy, telecom businesses
Bloomberg News, Published on 17/07/2024
» Thai billionaire Sarath Ratanavadi unveiled a plan to consolidate his energy and telecom businesses by merging his listed power company with the owner of the nation’s most-valuable mobile phone operator.
Samsung workers plan to strike 'indefinitely' in risk to global tech
Bloomberg News, Published on 10/07/2024
» SEOUL - Samsung Electronics Co's largest labour union of more than 30,000 workers declared an indefinite strike, a surprise move that raises the risk of production disruptions at the world's largest memory chipmaker.
Rise in state debt won't crowd out private sector - Finance Ministry
Bloomberg News, Published on 04/07/2024
» Thailand has ample enough liquidity to handle a rise in government borrowing to fund the budget deficit and an almost US$14 billion cash handout, said Finance Ministry's public debt advisor Jindarat Viriyataveekul.
Vietnam wants China’s help for high-speed railway development
Bloomberg News, Published on 26/06/2024
» HANOI - Vietnam is looking for China's support with the development of the country’s high-speed railway networks including cross-border lines that would promote trade between the two countries.