Showing 1 - 10 of 38
Seizing opportunities in crisis
Business, Published on 29/12/2020
» This year saw an unexpected stock market crash followed by predictable trends that allowed savvy investors to make back their investments by betting on technology, healthcare and the timeline of a new vaccine.
Jury still out on BoT measures
Business, Published on 30/11/2020
» The strengthening of the value of the baht is putting the Bank of Thailand in the hot seat again as an influx of offshore fund flows move into emerging market economies, spelling trouble for the export-reliant country.
Traders on board with US$ valuation
Business, Published on 30/07/2020
» Major gold traders have agreed to use the US dollar in order to limit volatility in using the baht, says a Bank of Thailand senior executive.
Foreign inflows drive baht past 31
Business, Published on 12/06/2020
» The baht has surged past 31 per US dollar on the back of month-to-date net foreign inflows moving into local equities and bonds, a motion contrary to Thailand's sputtering economic outlook.
Bank of Thailand's BSF faces slew of criticism
Business, Published on 17/04/2020
» The Bank of Thailand's mechanism to inject liquidity to help stabilise the debenture market has yet again been met with criticism from one of the central bank's alumni, with the main objection centring on the move's failure to effectively address the problem's root causes.
BBL clinches deal for Bank Permata
Business, Published on 13/12/2019
» Bangkok Bank (BBL), Thailand's largest lender by total assets, has entered into a conditional share purchase agreement (SPA) to buy a 89.12% stake in Indonesia's PT Bank Permata in a deal worth about US$2.7 billion (81.3 billion baht).
Developers repeat call for pause on tighter LTV limits
Business, Published on 09/08/2019
» A renewed request to briefly suspend the loan-to-value (LTV) regulation, enforced since early April, has come from property developers as second and subsequent mortgages issued by commercial banks fell 13% in the first six months.
TCC wants looser monetary policy
Business, Published on 09/08/2019
» The Thai Chamber of Commerce (TCC) has urged the Bank of Thailand to further ease monetary policy as a means to rein in the baht, while the Federation of Thai Industries (FTI) requested the central bank launch mid and long-term measures to stabilise the currency's movement.
Facebook's coin toss
Business, Published on 01/07/2019
» The recent introduction of Libra by Facebook has caused tremors in both the physical and virtual financial spheres, as the much-touted "new global currency" presents itself as a game-changer for mainstreaming the digital currency movement and liberating the unbanked.
Policy rate unchanged, BoT grim on export, GDP outlooks
Business, Published on 27/06/2019
» The Bank of Thailand kept the policy rate steady for a fourth straight meeting on Wednesday but painted a bleak outlook by trimming the country's economic and export growth forecasts for the year.