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Search Result for “rates”

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BUSINESS

Deputy premier hopeful for 2023

Business, Published on 28/10/2022

» Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

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WORLD

Sinking Cities

Asia focus, Published on 02/09/2019

» One of the most pressing challenges the world is facing as a result of climate change is rising sea levels. Scientists predict that oceans will rise by between 0.3 and 2.5 metres by 2100. This will put many coastal areas at risk, with potentially catastrophic consequences for large cities.

BUSINESS

Worries about korea and france keep trade subdued

Business, Published on 24/04/2017

» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.

BUSINESS

Opec output-cut deal provides lift for equities

Business, Published on 03/10/2016

» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

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BUSINESS

Politics key to growth, warns ADB

Business, Published on 07/05/2015

» BAKU: Local politics and external uncertainties are the major threats to Thailand's economic growth, but the Asian Development Bank (ADB) is maintaining its 2015 growth forecast at 3.6% on the expectation that exports will gain pace.

BUSINESS

Finance minister backs policy rate, calls for new growth areas

Business, Published on 06/05/2015

» Baku: The current policy rate of 1.5% is accommodative enough to support economic growth, says Finance Minister Sommai Phasee.

TECH

Wall street staggers but set powers past 1,600

Business, Published on 29/09/2014

» Recap: Wall Street pulled back last week after disappointing US durable goods orders suggested the recovery might be weaker than thought. However, the Thai stock market continued to march up and finally passed 1,600 points — a level not seen since May last year — on Friday on investor hopes that economic stimulus measures will soon take hold. Window-dressing as the quarter-end approaches also lent support.

ADVANCED NEWS

Economic bubble to burst by year's end?

Jon Fernquest, Published on 19/03/2013

» Hot money inflows from foreign investors have created bubbles in stock & bond markets. Bubble burst by end of the year a real risk, says Virabongsa Ramangkura.

BUSINESS

10-yr bonds head for best week

Bloomberg News, Published on 07/12/2012

» Thailand's 10-year government bonds headed for the best week since October on speculation the region's improving economic outlook and yield advantage over developed countries will attract investors. The baht gained.

THAILAND

Thailand’s growth slows, exports hurt

Bloomberg News, Published on 19/11/2012

» Thailand's growth slowed in the third quarter as cooling global demand hurt the country's exports, even as signs of a recovery in China and the United States signal the economy may have bottomed.