Showing 1 - 10 of 57
Thailand inflation drops 0.22%, supporting more rate cuts
Bloomberg News, Published on 06/05/2025
» Thailand's inflation turned negative for the first time in more than a year on cheaper fuel prices and increased fresh food supplies, creating more room for the central bank to cut rates further to deal with the impact of the trade war.
Bank loans set to edge up 0.6%
Business, Nareerat Wiriyapong, Published on 26/03/2025
» Bank loans are expected to increase marginally by 0.6% to 14.8 trillion baht this year, bouncing back from a contraction last year, driven by large businesses while small and medium-sized enterprises (SMEs) and retail borrowers remain in the red, says Kasikorn Research Center (K-Research).
Thailand's 2025 growth forecast maintained at 3%
Business, Published on 20/02/2025
» Official data released on Monday showed Thailand's real gross domestic product (GDP) growth accelerated from 3% year-on-year in the third quarter of 2024 to 3.2% in the fourth quarter. This reading was below what most analysts including us were expecting (BMI: 3.4%, Reuters: 3.9%). While this was the strongest pace of expansion in 2024, full-year growth of 2.5% notably missed the 2.7% target set by the Bank of Thailand.
Thai economy helped by exports, manufacturing in Aug, but tourism slows
Published on 30/09/2024
» Thailand's economy remained at similar levels in August from the previous month, the central bank said on Monday, with economic activity supported by exports and manufacturing, but tourism slowed.
Bank of Thailand holds key rate at 2.50%
Published on 21/08/2024
» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.
Thai court sets July 24 as next hearing date for case to remove PM
Published on 10/07/2024
» BANGKOK - Thailand's Constitutional Court on Wednesday set July 24 as the next hearing date for a case seeking the dismissal of Prime Minister Srettha Thavisin as it seeks more evidence.
Analysts see continued baht decline this year
Business, Nareerat Wiriyapong, Published on 28/06/2024
» The baht is likely to plunge to 37.25 to the US dollar in the short term, as Asian currencies slumped to their weakest level since 2022 amid continued outflows from both the Thai stock and bond markets, attributed to ongoing global volatility pending US interest rate cuts, say economists.
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.
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.
Amid global risks, investment themes for Thailand
Published on 24/02/2024
» The global economic and investment landscape at the beginning of 2024 bears some similarities to the start of last year. Stock markets that are performing well -- Japan, the US and Europe, as well as India -- have advanced in the range of 3-15%, while emerging markets such as Thailand, Hong Kong and China have shrunk by 2-5%.