Showing 1 - 7 of 7
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.
All eyes on Fed next week as global shares steady
Business, Published on 24/07/2021
» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.
Hawkish fed tone rattles asia, But only briefly
Business, Published on 19/12/2016
» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.
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.
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.
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.
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.