Showing 1 - 10 of 13
Headwinds cause major B4.9tn loss
Business, Somruedi Banchongduang, Published on 29/09/2020
» Uncertainties in domestic politics, economic policies and the external front over the past 14 years led to losses to Thailand's GDP worth 4.9 trillion baht, according to a research paper.
BoT records net profit on baht retreat
Business, Somruedi Banchongduang, Published on 23/04/2020
» The Bank of Thailand swung back to a net profit of 365 billion baht for the first three months of this year, largely because the baht retreated against the greenback.
KBank predicts baht climb against dollar
Business, Somruedi Banchongduang, Published on 28/11/2019
» Kasikornbank (KBank) sees the baht rising to 29.25 against the US dollar at the end of 2020, pointing to the US's structural problems and external uncertainties.
IMF praises stimulus
Business, Somruedi Banchongduang, Published on 06/11/2019
» Now is a good time for Thailand to implement stimulus measures to rev up its economic growth momentum, weighed down by the global slowdown, given the availability of policy space, says the IMF chief.
BoT maintains monetary policy as buffer
Business, Somruedi Banchongduang, Published on 10/10/2019
» The Bank of Thailand's rate-setters see the need to keep monetary policy stable to cushion against possible future risks, according to the edited minutes of the Sept 25 meeting.
Veerathai sees unchanged prime rates after BoT hike
Business, Somruedi Banchongduang, Published on 24/12/2018
» Banks should leave prime lending rates unchanged after the central bank last week raised the policy rate for the first time since 2011, Bank of Thailand governor Veerathai Santiprabhob says, citing excessive liquidity in the financial market.
ADB sees 3.2% GDP lift
Business, Somruedi Banchongduang, Published on 28/09/2016
» Asian Development Bank (ADB) is the latest institution to raise Thailand's economic growth forecast to 3.2% this year, following stronger-than-expected growth in the first half.
Businesses urged to hedge baht in face of volatility
Business, Somruedi Banchongduang, Published on 06/09/2016
» Business leaders have expressed concerns that the rapidly appreciating baht could dampen exports and suggest business operators hedge foreign exchange risks.
StanChart: Opportunity abounds in South Asia
Business, Somruedi Banchongduang, Published on 20/07/2016
» Thai medium-sized companies are keen to look for business opportunities in high-growth South Asia, where domestic demand remains strong, labour costs are low and infrastructure projects are springing up, says an executive at Standard Chartered Bank (Thai).
Currency hedging all the rage
Business, Somruedi Banchongduang, Published on 06/07/2016
» Demand for foreign currency hedging is increasing, in particular for the US dollar and Japanese yen thanks to their rising strength, after Britain's vote to leave the EU, says a high-ranking executive at Bank of Ayudhya (BAY).