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BUSINESS

World Bank joins ranks of GDP naysayers

Business, Darana Chudasri, Published on 11/10/2019

» Thailand's GDP growth is expected to be below 3% this year and next, with flagging exports, shrinking farm income and lower Chinese tourist arrivals the main drags on growth momentum, the World Bank says.

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BUSINESS

Investor confidence bounces back

Business, Darana Chudasri, Published on 07/02/2019

» Investor confidence is up for the first time in four months, boosted by optimism about the upcoming general election, domestic economic conditions and January's foreign capital inflows.

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BUSINESS

World Bank predicts GDP ebb

Business, Darana Chudasri, Published on 05/10/2018

» Despite an improved forecast for this year's economic growth, Thailand's outlook over the next two years is projected to slow down as investment is poised to subside and external uncertainties cast a shadow over exports, says the World Bank.

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BUSINESS

Patience yields results

Business, Darana Chudasri, Published on 22/02/2016

» Investors are chasing high-yield investments to generate income in a world where interest rates are at near zero or even in negative territory. Although the US Federal Reserve made its first rate rise in nearly a decade in December, the next lift-off is fairly certain to come later than the Fed's policy rate call in March.

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BUSINESS

SET kicks off 2016 on a gloomy note

Business, Darana Chudasri, Published on 05/01/2016

» Thai shares started the year on a sour note, dipping almost 2% yesterday, as worse-than-expected Chinese manufacturing data and escalating tension in the Middle East discouraged investors from holding risky assets.

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BUSINESS

Investment crystal ball

Business, Darana Chudasri, Published on 28/12/2015

» Divergent monetary policy among major central banks is a key theme for investors in making decisions on asset allocations in 2016. The US Federal Reserve has started raising its policy rate for the first time in almost 10 years, and more stimulus is expected from the European Central Bank and its counterparts in Japan and China to boost their stuttering economies. Given widening differentiation among central banks, volatile trade and capital flight from emerging markets is almost a certainly.

BUSINESS

CEOs begin to feel pinch

Business, Darana Chudasri, Published on 05/07/2013

» Most chief executives of listed companies have become pessimistic about the economic outlook, fearing the country's gross domestic product (GDP) will expand by less than 4.5% this year.