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Search Result for “central bank”

Showing 1 - 9 of 9

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BUSINESS

Taking a deep dive into the baht rebound

Business, Janine Phakdeetham, Published on 03/08/2022

» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.

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BUSINESS

THAI angles for a return to global glory

Business, Janine Phakdeetham, Published on 07/09/2022

» Troubled national carrier Thai Airways International (THAI) is aiming to make a comeback and reach a top 10 global ranking for airlines.

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BUSINESS

Economic outlook turns dour as committee meets

Business, Janine Phakdeetham, Published on 30/03/2022

» All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on Wednesday.

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BUSINESS

Crypto glitches prompt industry rethink

Business, Janine Phakdeetham, Published on 31/08/2022

» With the recent news of the SCB X-Bitkub deal falling apart and the Zipmex incident, investors in Thailand's digital currency market are facing a negative outlook. The Bangkok Post provides a recap of these events and gathers the views of investment analysts on the lessons learned and where things are heading going forward.

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BUSINESS

Parsing the minimum wage hike debate

Business, Janine Phakdeetham, Published on 24/08/2022

» As Thai workers feel the pinch of soaring living expenses, the government has announced plans to raise the daily minimum wage by October to help alleviate the burden. However, some analysts argue the key to raising the quality of the Thai workforce lies in productivity.

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BUSINESS

Baht in spotlight after hitting 7-year low

Business, Janine Phakdeetham, Published on 13/07/2022

» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.

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BUSINESS

Manufacturing expands for 5th month in a row

Business, Janine Phakdeetham, Published on 03/06/2022

» Thai manufacturing grew for the fifth consecutive month in May despite a fall in demand, with safety stock building one of the key factors driving the expansion.

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BUSINESS

Exploring factors driving the inflation uptick

Business, Janine Phakdeetham, Published on 09/03/2022

» The Commerce Ministry recently announced Thailand's headline inflation rate rose 5.28% in February year-on-year, which was higher than expected. The surge in the economic indicator marked the fastest rate jump in 13 years and breaches the central bank inflation target for this year.

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BUSINESS

How will the war in Ukraine affect Thailand?

Business, Janine Phakdeetham, Published on 02/03/2022

» Russia's invasion of Ukraine on Feb 24 marks a major conflict that sent shockwaves through global stock and commodities markets. The action could affect tourism around the world, including in Thailand, which is still struggling to recover economically from the pandemic stress.