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GENERAL

Global slowdown threatens Thai growth

Business, Nareerat Wiriyapong, Published on 06/12/2023

» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.

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BUSINESS

Pandemic Year 3: Old and new risks lie ahead

Asia focus, Published on 23/11/2021

» At the start of 2021, UOB's outlook for the regional economic recovery from the Covid-19 pandemic hinged on three things -- the wide availability of vaccines, aggressive fiscal stimulus and accommodative monetary policies.

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THAILAND

Anti-Corruption and Misconduct Action Plan Phase 1 (2020-2022) – Part 2 –

Published on 31/05/2021

» As discussed in Part 1, the Anti-Corruption and Misconduct Action Plan (AMAP), Phase 1 (2020-2022), comprising the three-level plans under the “guidelines on the plan proposal for the consideration of the Cabinet” pursuant to the Cabinet Resolution on 4 December 2017, aims to create a tool for relevant agencies to transform the development guidelines of the Masterplan for National Strategy on Anti-Corruption and Misconduct Issues into action.

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BUSINESS

Stocks trade in narrow range as investors comb us data

Business, Published on 07/08/2017

» Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.

BUSINESS

Equity rally pauses as investors contemplate Fed

Business, Published on 06/03/2017

» Recap: Equity markets jumped last week in the US and are up 10% since the presidential election in November, as consumer confidence hit a 15-year high, further supporting the case for higher interest rates when the US Federal Reserve meets on March 14-15.

BUSINESS

Trump tantrums keep traders on edge, SET dips

Business, Nuntawun Polkuamdee, Published on 06/02/2017

» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.

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OPINION

Graft nosedive comes as no surprise at all

News, Kong Rithdee, Published on 28/01/2017

» 'We're disappointed," said Sansern Poljeak of the National Anti-Corruption Commission. Sir, we're more disappointed, as citizens who pay tax without fail, to the government to help the NACC battle corruption.

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THAILAND

Prayut firm in fight against corruption

News, Post Reporters, Published on 10/12/2016

» Prime Minister Prayut Chan-o-cha on Friday urged all parties to join forces to fight on to curb corruption, a key factor blamed for failed state management in the past and which affects Thailand's economy, society, politics, education and public expenditure.

BUSINESS

Global shares rally on fed set flat amid 4G frenzy

Business, Nuntawun Polkuamdee, Published on 21/12/2015

» Recap: Global stock markets moved sideways last week as sinking oil prices pushed down energy shares, and rebounded at the end of the week after the US Federal Reserve ended months of uncertainty by raising its benchmark interest rate by 25 basis points for the first time in nine years. Thai stocks were little changed despite sinking on Friday, pulled down by telecoms as prices for 4G licences headed for a world record.

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BUSINESS

The future is cashless

Asia focus, Published on 01/06/2015

» In a country still plagued by corruption, going cashless is one way to reduce risk. Indonesia's largest bank, Bank Mandiri, is setting an example by using technology to encourage people to use less cash for daily transactions.