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Search Result for “currency”

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BUSINESS

Fitch: Emerging markets to struggle in 2019

Business, Chiratas Nivatpumin, Published on 22/10/2018

» Emerging markets are set to face rising economic headwinds in 2019 as global growth slows and financial conditions tighten, according to James McCormack, Fitch's global head of sovereign ratings.

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BUSINESS

ING committed to Thailand

Business, Chiratas Nivatpumin, Published on 20/06/2014

» No question, Thailand's ongoing political soap opera has taken a toll on the economy over the past year, as policy risks have led companies and consumers alike to sit on the sidelines in anticipation of the next steps made by the junta.

BUSINESS

Release the shackles

Business, Chiratas Nivatpumin, Published on 13/03/2013

» From 1987-95, Thailand enjoyed economic growth rates that ranked among the best in the world, at no less than 8% for any year during the time and peaking at 13% in 1988.

BUSINESS

Just say no to capital controls

Business, Chiratas Nivatpumin, Published on 08/02/2013

» Competitive devaluations and capital controls could prove as damaging to the global economy as the trade wars of the 1930s during the Great Depression, according to Daniel Murray, the chief economist for EFG Asset Management.

BUSINESS

Corruption, red tape holding back growth

News, Chiratas Nivatpumin, Published on 31/05/2012

» Outdated regulations, an inefficient education system and corruption are among the key factors impeding growth in Thailand's competitiveness, said speakers at the World Economic Forum in East Asia yesterday.

THAILAND

Eurozone crisis poses major threat

News, Chiratas Nivatpumin, Published on 03/01/2012

» The parallels between Europe's economic troubles today and Thailand in 1997 seem all too familiar. A decline in market confidence leads to a sharp rise in borrowing costs, putting pressure on public finances, credit ratings and the financial sector. The political leadership dawdle before enacting tax hikes and budget cuts, resulting in social disruption and a voter backlash. Meanwhile, the crisis is spreading to other countries facing similar troubles, resulting in a regional "contagion" effect.