Showing 21 - 30 of 56
BoT eases up on forex regulations
Business, Pawee Sirimai, Published on 06/06/2017
» The Bank of Thailand yesterday loosened a set of foreign exchange regulations, including allowing Thais to invest directly in securities abroad at an amount of up to $1 million a year, in a fresh bid to accommodate capital outflows, curb the appreciating baht (which briefly slipped below 34 to the US dollar) and make doing business easier.
BoT losses taper off
Business, Pawee Sirimai, Published on 27/05/2017
» The Bank of Thailand's net loss narrowed by 9% to 80.8 billion baht in 2016, with the central bank saying its accumulated losses would not affect operations.
Srisawad aims for 20-30% loan gain
Business, Pawee Sirimai, Published on 24/05/2017
» Srisawad Corporation Plc (SAWAD) conservatively targets 20-30% loan growth this year, while its recent partial acquisition of Bangkok First Investment and Trust Plc (BFIT), a deposit-taking financial firm, is expected to help the company slim down financial costs.
BoT: Bourse outflows to be expected
Business, Pawee Sirimai, Published on 12/05/2017
» Ongoing fund outflows from the Thai stock market are in line with the Bank of Thailand's expectations and the phenomenon is commonly seen in emerging markets, says the central bank chief.
Capital inflow continues despite efforts
Business, Pawee Sirimai, Published on 20/04/2017
» Despite the Bank of Thailand's moves to scale back short-term bond sales and curb the baht's rapid gains, offshore fund inflows are continuing but money is shifting to long-term bonds, says the central bank chief.
MPC strikes measured tone in minutes
Business, Pawee Sirimai, Published on 13/04/2017
» Thai economic growth is still in the early stages and not yet broad-based, according to the edited minutes of the Monetary Policy Committee's (MPC) meeting on March 29.
MPC raises GDP growth view
Business, Pawee Sirimai, Published on 30/03/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) yesterday raised its 2017 economic growth forecast to 3.4% from 3.2% predicted three months ago because of a stronger export outlook, as it kept the policy rate unchanged at 1.5% as widely expected.
Baht rally 'short term'
Business, Pawee Sirimai, Published on 29/03/2017
» The baht's further upside bias to the 34 baht-mark to the US dollar is seen as a short-term run on the back of persistent offshore fund inflows, largely to the Thai bond market, prompted by a perception that the local currency is a safe haven, says a senior official at Phatra Securities.
BoT to announce market conduct rules in late 2017
Business, Pawee Sirimai, Published on 28/03/2017
» The Bank of Thailand plans to issue comprehensive regulations later this year governing market conduct by financial institutions, including fines against violators and public disclosure of wrongdoing, says a senior Bank of Thailand official.
BoT governor: Thailand assets a safe haven
Business, Pawee Sirimai, Published on 24/02/2017
» Foreign investors are parking money in Thai assets in the short run because they see the baht as a safe haven backed by solid foreign reserves amid global market fluctuation, the central bank chief says.