Showing 1-10 of 660 results
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Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
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K-Research expects central bank to stay the course on rates
Business, Nareerat Wiriyapong, Published on 04/04/2024
» Despite growing market anticipation of monetary policy easing, Kasikorn Research Center (K-Research) is ruling out the possibility of a Bank of Thailand (BoT) policy rate cut at its April 10 meeting amid growing concerns about a weakening baht.
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Lower interest rates expected to help insurers
Business, Nareerat Wiriyapong, Published on 03/01/2024
» Lower interest rates should benefit the Thai insurance industry this year, but challenges remain in terms of geopolitical instability, election-related uncertainties in several countries, and an expected decline in the margin of retirement savings, according to Allianz Ayudhya Assurance.
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Baht to strengthen against US dollar
Business, Nareerat Wiriyapong, Published on 04/01/2024
» The baht could strengthen to 33 to the US dollar in the near term as the market is convinced the US Federal Reserve will start cutting interest rates by as early as March, bringing back fund inflows to the Thai currency.
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Baht dips on US inflation figures
Business, Published on 15/02/2024
» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.
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Association predicts gold hitting 40,000 baht in H2
Business, Nareerat Wiriyapong, Published on 29/03/2024
» Domestic gold prices could hit 40,000 baht per baht-weight after the Federal Reserve cuts interest rates later this year, according to the Gold Traders Association (GTA), as the price reached a new high of 37,950 baht on Thursday, approaching the group's previous target of 38,000 baht.
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Indorama allots $1.89bn capex for 3 years
Business, Nareerat Wiriyapong, Published on 19/04/2024
» Indorama Ventures (IVL), one of the world's largest petrochemical producers, plans to invest US$1.89 billion (68 billion baht) over three years, noting a gradual recovery of the global petrochemical industry and asset optimisation should enable the company to return to its previous earnings peak by 2026.
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A-Lister's Surgical Body Reshaping Secrets
Published on 20/04/2024
» HOLLYWOOD STARS’ TOP BODY SECRET SOLUTIONS
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Axa turns to M&A deals to generate Thai growth
Business, Nareerat Wiriyapong, Published on 17/04/2024
» Axa Thailand General Insurance, a unit of the French multinational, is exploring merger and acquisition opportunities to help grow its presence in the highly fragmented non-life insurance industry here, says chief executive Claude Seigne.
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CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
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