Showing 91 - 100 of 128
Add trades to drive growth, summit told
Business, Pathom Sangwongwanich, Published on 04/12/2014
» Thailand needs to attract more trading activities to boost the country's economic growth potential, says Deputy Prime Minister MR Pridiyathorn Devakula, adding the country could be a crossroads reaping the benefits from regional emerging economies.
Central bank in BSA talks
Business, Pathom Sangwongwanich, Published on 15/11/2014
» The Bank of Thailand is in talks with its counterparts in Laos and Myanmar to establish bilateral currency swap arrangements (BSAs) aimed at facilitating bilateral trade and investment and reducing foreign exchange risk.
Banking sector stable but risks still remain
Business, Pathom Sangwongwanich, Published on 13/11/2014
» Thai banks still hold a stable outlook as public spending could enhance medium-term loan growth, but a rise in interest rates could damage bank assets and increase non-performing loans (NPLs), says Standard and Poor's (S&P) Ratings Services.
BoT: Banks prep for debt
Business, Pathom Sangwongwanich, Published on 25/10/2014
» It could take time for the country's swelling household debt to drop as consumers accumulated it over a number of years. But commercial lenders have already tightened their loan approval process, says Bank of Thailand spokesman Chirathep Senivongs Na Ayudhya.
Amundi betting big on bourse
Business, Pathom Sangwongwanich, Published on 20/10/2014
» Despite foreign investors' recent sell-off of Thai shares, France's Amundi Asset Management is overweighting the Thai stock market, pointing out the military-appointed government's infrastructure development projects will act as a catalyst in boosting the economy.
Household debt 'to rise'
Business, Pathom Sangwongwanich, Published on 17/10/2014
» Thailand's household debt is expected to climb next year as a decent economic recovery spurs spending and credit-card use, but family debt should expand more slowly, says Kasikorn Research Center (KResearch).
World Bank revises Thailand's growth to 1.5%
Business, Pathom Sangwongwanich, Published on 07/10/2014
» Despite rising hopes stemming from the 324.5-billion-baht stimulus measures, Thailand's economy this year is projected to grow by only 1.5% due to the slow recovery in domestic consumption and exports, says the World Bank.
Thai firms face credit risk, says S&P
Business, Pathom Sangwongwanich, Published on 01/10/2014
» The credit quality of some Thai companies is projected to erode over the next 12 months due to a strong appetite for acquisitions and elevated capital spending, says Standard and Poor's Ratings Services (S&P).
BoT adds MPC members
Business, Pathom Sangwongwanich, Published on 26/09/2014
» The Bank of Thailand board has appointed a new set of four members of the Monetary Policy Committee including Veerathai Santiprabhob, a member of the military-appointed State Enterprises Policy Commission, also known as the superboard.
Warning of quadruple deficits
Business, Pathom Sangwongwanich, Published on 19/09/2014
» Despite a benign economic outlook next year, Thailand is at risk of quadruple deficits following higher imports for investment, government budget deficits to support an economic recovery, capital outflows from emerging markets and a domestic labour shortage, says CIMB Thai Bank (CIMBT).