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Search Result for “tourism”

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BUSINESS

Bank of Thailand panel likely to cut policy rate

Business, Darana Chudasri, Published on 23/01/2020

» The Bank of Thailand's rate-setting committee is expected to cut the policy rate by 0.25 percentage points to a record low of 1% this quarter to shore up the country's economic growth and slow the baht's appreciation, says Standard Chartered Bank (Thai).

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BUSINESS

Non-life premium growth nearing 5%

Business, Darana Chudasri, Published on 27/12/2019

» The non-life insurance segment is likely to meet its 5% growth target this year, with the recent Motor Expo helping to spur a year-end uptick in motor insurance premiums, says the Thai General Insurance Association (TGIA).

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BUSINESS

BoT sees glimmer in final quarter

Business, Darana Chudasri, Published on 01/11/2019

» The Bank of Thailand is optimistic that the country's economic growth momentum in the final quarter is gathering pace, propelled by private consumption amid a raft of stimulus packages, public and private investment, and tourism strength.

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BUSINESS

Rate cut will not slow baht appreciation

Business, Darana Chudasri, Published on 25/10/2019

» The Bank of Thailand's Monetary Policy Committee (MPC) could cut the policy rate another 25 basis points before year-end, but the move is not expected to rein in the baht's rising strength, says Kasikornbank (KBank).

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BUSINESS

World Bank joins ranks of GDP naysayers

Business, Darana Chudasri, Published on 11/10/2019

» Thailand's GDP growth is expected to be below 3% this year and next, with flagging exports, shrinking farm income and lower Chinese tourist arrivals the main drags on growth momentum, the World Bank says.

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BUSINESS

BoT optimistic about Q3 growth on tourism, stimulus

Business, Darana Chudasri, Published on 01/10/2019

» Thailand's economic growth in the third quarter is likely to improve from the second quarter's reading, mainly thanks to positive tourism growth and the government's economic stimulus measures, says the Bank of Thailand.

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BUSINESS

Citi sees 3.3% GDP growth this year as engines slow

Business, Darana Chudasri, Published on 12/07/2019

» Thai GDP is forecast to expand by 3.3% this year as growth momentum is weighed by an economic slowdown and tepid private investment seen in the first quarter, says Citi Thailand.

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BUSINESS

Citi sees firm baht through year-end

Darana Chudasri, Published on 11/07/2019

» The baht’s value is likely to remain firm until the beginning of 2020 amid a weaker dollar and expectations of US monetary stimulus, says Citi Thailand.

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BUSINESS

Compulsory insurance for tourists eyed

Business, Darana Chudasri, Published on 01/07/2019

» Compulsory travel insurance for foreign visitors at a 20-baht premium each is expected to debut this year, according to the Office of the Insurance Commission (OIC).

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BUSINESS

SET index dive possible as trade war bubbles over

Business, Darana Chudasri, Published on 16/05/2019

» The Stock Exchange of Thailand (SET) index could plunge to 1,500 points this year as a support level because the escalating Sino-US trade war will continue denting investor confidence, says Kasikorn Securities (KS).