Showing 1 - 8 of 8
Business, Published on 03/04/2017
» Recap: Asian investors continued to tread cautiously last week amid mixed economic signals. Better-than-expected US economic growth data and solid industrial output readings from China and Japan bolstered sentiment, but a hawkish view on interest rates by some US Federal Reserve governors and uncertainty about President Donald Trump's tax reforms and spending plans after his healthcare fiasco pressured stocks. In Thailand a buying spree by foreign investors helped boost the index but profit-taking capped gains.
Jon Fernquest, Published on 16/02/2012
» Deposit insurance contributions to fall from 28 billion to 700 million baht per year to pay off FIDF 1997 crisis debt. Deposit protection falling from 50 to 1 million baht by August.
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.
Jon Fernquest, Published on 24/01/2012
» With flood recovery looming & tax reductions galore (corporate, first car, first home...) govt frantically searching for ways to pay for it all.
Jon Fernquest, Published on 12/09/2011
» 100 years old, the Government Savings Bank is becoming young again, helping rural communities, with only 1.1% non-performing loans,
Jon Fernquest, Published on 06/09/2011
» Sovereign Wealth Fund limit, $10 billion from $190 bil in reserves best. Main reserves function is to manage exchange rate, keep baht, exports stable & competitive.
Jon Fernquest, Published on 07/07/2011
» Long-term central bank inflation policy ensures that people's purchasing power is not eroded and exports remain competitive.
Jon Fernquest, Published on 18/10/2010
» Like a gigantic tsunami wave crossing the Pacific Ocean, US dollar depreciation is causing currency appreciation in Asian currencies. A major global currency realignment is underway.