Showing 1-10 of 66 results
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CP chief discusses automation
Business, Pathom Sangwongwanich, Published on 13/08/2019
» Adopting sophisticated technologies to drive operations is high on Charoen Pokphand (CP) Group's agenda, as one of Thailand's largest conglomerates works to enlarge its footprint during the fourth industrial revolution, says chief executive Suphachai Chearavanont.
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Krungsri remains wary with buffers
Business, Pathom Sangwongwanich, Published on 04/02/2021
» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.
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Ambiguous growth drivers cloud outlook
Business, Pathom Sangwongwanich, Published on 19/02/2021
» Thailand's economic outlook in the post-Covid-19 period remains vague because of ambiguous growth drivers, with tourism's contribution to GDP unlikely to reach 30% as planned, says a veteran economist.
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Fitch sees 'very dim' path for GDP growth
Business, Pathom Sangwongwanich, Published on 20/01/2021
» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.
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MPC: Growth may fall below forecast
Business, Pathom Sangwongwanich, Published on 07/01/2021
» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.
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Exchange rates tipped for shaky 2021
Business, Pathom Sangwongwanich, Published on 08/01/2021
» Volatility and malleability are key themes for this year's foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand's surpluses in trade and current accounts, say economists.
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BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 17/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
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BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 18/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
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Recovery unlikely until 2022
Business, Pathom Sangwongwanich, Published on 08/12/2020
» Thailand's economy is forecast for clear recovery momentum in 2022 as domestic demand will remain weak in 2021, says CIMB Thai Bank (CIMBT).
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BoT moves to curb strengthening baht
News, Pathom Sangwongwanich, Published on 21/11/2020
» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.
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