Showing 1 - 10 of 37
BoT optimistic 4% growth obtainable
Business, Pawee Sirimai, Published on 01/12/2017
» The Bank of Thailand has painted a rosy picture of the country's economy, saying it is quite possible for fourth-quarter growth to exceed the 4.3% registered in the third quarter, adding full-year growth of 4% is obtainable if exports continue to rise at a double-digit pace.
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
BoT: Exports back GDP growth uptick
Business, Pawee Sirimai, Published on 03/10/2017
» The Bank of Thailand is optimistic about the country's economic outlook, which is supported by strong growth in exports, says central bank governor Veerathai Santiprabhob.
BoT chief puts focus on stability
Business, Pawee Sirimai, Published on 19/09/2017
» Bank of Thailand governor Veerathai Santiprabhob says the rate-setting committee must give weight to financial stability in deciding on the policy rate, in addition to short-term benefits.
BoT relaxes capital curbs for flexibility
Business, Pawee Sirimai, Published on 05/09/2017
» The Bank of Thailand has further relaxed curbs on capital outflows with the goal of widening overseas investment opportunities for local investors, giving more flexibility to money changers and creating a balance of fund flows to weaken the strong baht.
BoT: Farm incomes down 2.6% in July
Business, Pawee Sirimai, Published on 01/09/2017
» Nominal farm income registered the first contraction of the year in July, continuing to weigh down on private consumption throughout the third quarter, says a Bank of Thailand senior official.
BoT mulls further anti-speculation steps
Business, Pawee Sirimai, Published on 22/08/2017
» The Bank of Thailand may consider additional measures to curb baht speculation after occasional increases in the volume of foreign exchange transactions have been detected, says a senior official at the central bank.
BoT unveils SME forex option contract
Business, Pawee Sirimai, Published on 18/08/2017
» The Bank of Thailand plans to roll out a foreign exchange option with a lower fee to encourage small and medium-sized enterprises (SME) to access forex hedging tools in dealing with the firmer baht.
Panel keeps rate, citing flimsy demand
Business, Pawee Sirimai, Published on 17/08/2017
» As expected, the Bank of Thailand's Monetary Policy Committee (MPC) kept its policy rate unchanged yesterday, saying the rate remains accommodative for economic recovery because domestic demand is not sufficiently broad-based.
Growth expected to hold steady
Business, Pawee Sirimai, Published on 01/08/2017
» Economic growth in the second quarter is expected to be close to the first quarter's reading of 3.3% and accelerate to 3.7% in the second half, says a senior Bank of Thailand official.