Showing 1 - 10 of 20
What's new in business news: September 5, 2013
Jon Fernquest, Published on 05/09/2013
» Purple rail line by 2017, central bank worried about defaults on car loans & new alcohol taxes unfair, some companies say.
Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
China currency war coming?
Jon Fernquest, Published on 04/03/2013
» Top Chinese central banker says China prepared for currency war but G20 meeting between major economies may save the day.
Heated Policy Debate: Lower interest rates or not?
Jon Fernquest, Published on 07/02/2013
» Are high interest rates drawing short-term money into Thailand, making baht strong & export markets less competitive? Will lower interest rates lead to lending boom, asset bubble & financial collapse?
How Bank of Thailand & elected govts work together
Jon Fernquest, Published on 09/10/2012
» The Bank of Thailand governor himself explains "central bank independence" & how the bank works with elected govts for long-term economic stability.
IMF praises Bank Of Thailand
Jon Fernquest, Published on 29/08/2012
» Beating inflation with a decade of inflation targeting, keeping the economy stable & running smooth, IMF the lender of last resort in crises appreciates this.
Central bank independence?
Jon Fernquest, Published on 27/08/2012
» Elected govts push for short-term growth to impress voters, but central banks have long-term responsibilities for economic stability.
Court: Financial decrees constitutional
Jon Fernquest, Published on 23/02/2012
» Constitution Court rules decrees transfering 1997 Crisis Debt to central bank & authorising 350 billion baht in loans for flood recovery are ok.
Floods: Economy slowed to near-zero growth
Jon Fernquest, Published on 21/02/2012
» 3.8% growth predicted before the floods fell to 0.1%. Growth was 7.8% in 2010. Forecast 5.5% to 6.5% this year.
New tax on bank deposits
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.