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Search Result for “rates”

Showing 1 - 5 of 5

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GENERAL

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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GENERAL

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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GENERAL

Insurance expected to flourish driven by auto, health policies

Business, Nareerat Wiriyapong, Published on 20/02/2024

» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.

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GENERAL

Global slowdown threatens Thai growth

Business, Nareerat Wiriyapong, Published on 06/12/2023

» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.

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BUSINESS

Shaping the wealth

Asia focus, Nareerat Wiriyapong, Published on 18/11/2019

» � These are exciting times for Asia's wealth market. The global economic centre of gravity has shifted to the region, which has now become the wealth creation centre of the world. A report issued in June by Boston Consulting Group (BCG) projected that wealth in Asia excluding Japan would expand by 9.4% from 2018 to 2023.