Showing 1 - 10 of 11
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.
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.
Shift govt ownership of PTT & THAI to Vayupak Fund?
Jon Fernquest, Published on 18/01/2012
» Selling 2% of PTT to reduce govt ownership from 51% to 49% to erase govt debt so govt can borrow more to finance flood-prevention infrastructure.
World rice supply soars, prices to fall?
Jon Fernquest, Published on 17/01/2012
» Increased rice production by India & rice importing countries pose danger for Thai world rice market leadership.
Govt debt to disappear
Jon Fernquest, Published on 28/12/2011
» 1.14 trillion baht in govt debt from 1997 crisis to be erased immediately by shifting off balance sheet to Bank of Thailand.
Thailand's SMEs hit by floods
Jon Fernquest, Published on 09/12/2011
» At 37% of GDP with 2.32 million jobs affected by the floods, SME's 1.75 trillion baht in exports fallen to 16% growth from 25% projected.
Shortage goods to be imported
Jon Fernquest, Published on 26/10/2011
» Taxes normally paid on foreign goods entering Thailand stopped temporarily to get items like drinking water, eggs, vegetables into the country fast.
Flood damage: Quick repair
Jon Fernquest, Published on 25/10/2011
» Goal of 45 days for reopening factories & saving jobs of 400,000 workers in 1,300 factories once flood waters go down.
Floods block roads out of Bangkok
Jon Fernquest, Published on 20/10/2011
» Floodwaters make it impossible to move goods to stores quickly. The Navy and Thai Airways being asked to help.
Economic cost of flooding
Jon Fernquest, Published on 18/10/2011
» 1.7% fall in growth, flood prevention investments financed with overseas borrowing, longer debt repayment periods for flood hit companies.