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Search Result for “rates”

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BUSINESS

Seven non-bank institutions seek nanofinance licences

Business, Pathom Sangwongwanich, Published on 26/02/2015

» The first seven non-bank financial institutions have submitted their applications to the Bank of Thailand for a nanofinance operator's licence.

BUSINESS

Central bank urges state, private sector to act now

Business, Pathom Sangwongwanich, Published on 20/02/2015

» The public and private sectors should consider investing now, given the low interest rates and cheaper foreign goods, says the head of the Bank of Thailand.

BUSINESS

BoT: Multiple-currency settlement requires study

Business, Pathom Sangwongwanich, Published on 14/02/2015

» The Bank of Thailand is likely to allow local securities to be settled in foreign currencies, but the process will be done in stages to ensure the financial market is not affected, says a central bank official.

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BUSINESS

MPC sticks with 2% policy rate

Business, Pathom Sangwongwanich, Published on 29/01/2015

» The Bank of Thailand kept its policy rate unchanged on Wednesday, insisting interest rates will be used as a last resort to handle capital inflows prompted by the European Central Bank's larger-than-expected stimulus. 

BUSINESS

Non-banks keen to lend

Business, Pathom Sangwongwanich, Published on 28/01/2015

» Fourteen non-bank financial institutions have expressed interest in being lenders for the nanofinance scheme, says a senior Bank of Thailand official. 

BUSINESS

2015 bond issues set for slight decline

Business, Pathom Sangwongwanich, Published on 10/01/2015

» The corporate fund-raising tally through bond issuance this year is expected to be just shy of last year's record due largely to the lower number of bonds maturing in 2015, says a senior official at Kasikornbank.

BUSINESS

Thailand apt to withstand Russian flu

Business, Pathom Sangwongwanich, Published on 23/12/2014

» Russia's economic crisis will have only a limited effect on the Thai economy due to minimal bilateral trade, but Russia's ailment could still affect capital flows to emerging markets, says a Bank of Thailand official.

BUSINESS

CIMBT cuts GDP growth projection

Business, Pathom Sangwongwanich, Published on 19/12/2014

» CIMB Thai Bank (CIMBT) has sharply slashed its 2015 growth forecast for Thailand's economy to 3.3% in a sign that Southeast Asia's second-largest economy could expand by less than 4% for a third straight year.

BUSINESS

Household debt threatening growth rate, says S&P

Business, Pathom Sangwongwanich, Published on 17/12/2014

» The bright prospects for Thailand’s economic growth may not continue much longer, hindered by delays in infrastructure spending, low private investment and swelling household debt, warns Standard and Poor’s Ratings Services (S&P).

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BUSINESS

Fed rate reversal threatening local rebound

Business, Pathom Sangwongwanich, Published on 16/12/2014

» The US Federal Reserve's rate reversal could exacerbate Thailand's swelling household debt and provide headwind to the country's economic rebound next year, says Standard & Poor's Ratings Services (S&P).