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Search Result for “interest rate”

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BUSINESS

Krungsri remains wary with buffers

Business, Pathom Sangwongwanich, Published on 04/02/2021

» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.

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BUSINESS

Exchange rates tipped for shaky 2021

Business, Pathom Sangwongwanich, Published on 08/01/2021

» Volatility and malleability are key themes for this year's foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand's surpluses in trade and current accounts, say economists.

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BUSINESS

MPC: Growth may fall below forecast

Business, Pathom Sangwongwanich, Published on 07/01/2021

» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.

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BUSINESS

SET rebound tops Asia-Pacific markets

Pathom Sangwongwanich, Published on 20/03/2020

» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.

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BUSINESS

Bank of Thailand: More than one solution

Business, Pathom Sangwongwanich, Published on 03/03/2020

» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.

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BUSINESS

Goldman Sachs says 2020 global recession unlikely

Business, Pathom Sangwongwanich, Published on 14/11/2019

» Despite the manufacturing sector's troubles and Sino-US trade tensions, the prospects of a global economic recession occurring next year are low as fundamentals drivers of growth in major economies still remain healthy, says Goldman Sachs Asset Management.

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BUSINESS

Baht veering to less than 30 against greenback next year

Business, Pathom Sangwongwanich, Published on 22/10/2019

» The baht's strengthening value could breach the band of 30 per US dollar next year, mainly because of Thailand's huge current account surplus, says Krungthai Asset Management (KTAM).

BUSINESS

SEC warns on risk-prone debt

Business, Pathom Sangwongwanich, Published on 19/10/2019

» Investors are advised to be cautious when investing in risk-prone debt securities offering high returns, with more than half of debenture value issued by non-listed property firms, says the Securities and Exchange Commission (SEC).

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BUSINESS

Foreign holding tallies 30% of SET

Business, Pathom Sangwongwanich, Published on 28/08/2019

» Foreign holding of Thai equities tallied 29.97% or 5.15 trillion baht of the bourse's market capitalisation in June, attributed to a previous rally in share prices and net offshore inflows worth 54 billion between April and June.

BUSINESS

Barriers, data dearth hamper Asian market

Business, Pathom Sangwongwanich, Published on 01/08/2019

» Despite healthy GDP growth, the Southeast Asian property market still has investment barriers and a lack of data, says Credit Suisse.