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Search Result for “rates”

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WORLD

Odds of Indonesia rate hike increase as currency tumbles

Published on 25/04/2018

» With Indonesia’s central bank failing to stem the slide in the currency to a two-year low, bets of a rate hike are increasing, triggering a selloff in the nation’s stocks and bonds.

WORLD

Dollar strengthens with bond yields, boosts Japanese exporters

AFP, Published on 24/04/2018

» HONG KONG - The dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields fan speculation of a sharp rise in interest rates, while most of Asia's major markets edged up after recent losses.

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BUSINESS

Debt Clinic to allow self-employed workers

Business, Somruedi Banchongduang, Published on 24/04/2018

» The relaxing of requirements is estimated to allow an additional 50,000 debtors to participate in the Debt Clinic, the scheme that pools unsecured bad loans from 16 local and foreign commercial banks, with the aim of turning them into performing assets.

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OPINION

Standing still on the road to nowhere

News, Atiya Achakulwisut, Published on 24/04/2018

» Ever wonder why Thailand can't do anything about its taxis? Or overpriced lotteries? Or illegal motorcycle racing? Why do cab drivers continue to reject customers, even dump them mid-way through a journey whenever they feel like it? Why can't the authorities tackle the problems?

OPINION

Now's a time for big economic ideas

News, David Leonhardt, Published on 24/04/2018

» The headlines may talk about growth, but we are living in a dark economic era. For most families, income and wealth have stagnated in recent decades, barely keeping pace with inflation. Nearly all the bounty of the economy's growth has flowed to the affluent.

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OPINION

Google breakup would fit the EU's logic

News, Leonid Bershidsky, Published on 24/04/2018

» On Thursday, the European Parliament backed the idea of breaking up Google. It doesn't have the power to do it, but the legislators' decision is a notable part of a backlash against the remedial action Google took after the European Commission fined it US$2.95 billion for abusing its dominant position in shopping search. That backlash could lead to dire consequences for the search giant.

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BUSINESS

Higher tourism standards urged

Business, Suchat Sritama, Published on 24/04/2018

» Tourism leaders have urged hotels and local businesses to improve the quality of their products and services to help create brand awareness in the international market and reduce costs in the long run.

WORLD

Survey: Record US wage gains gnawing at corporate profits

AFP, Published on 23/04/2018

» WASHINGTON: Record increases in wages and materials costs are eating into corporate profits despite robust sales, according to a survey of business economists released Monday.

WORLD

Most Asia markets fall, with tech firms hit again

AFP, Published on 23/04/2018

» HONG KONG: Asian markets mostly fell on Monday with technology firms extending last week's sharp losses, following another plunge in Apple as investors fret over the once-lucrative smartphone sector.

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BUSINESS

Apisak: Rate spread will narrow gradually

Business, Wichit Chantanusornsiri, Published on 23/04/2018

» Finance Minister Apisak Tantivorawong has toned down his recent comments about a large interest rate spread between corporate and small-business loans, saying the gap will be gradually narrow with the use of big data in lending and the introduction of financial statements submitted to the Revenue Department for loan applications.