Showing 1 - 10 of 12
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.
Standard Chartered sees 3.6% growth
Business, Pawee Sirimai, Published on 19/10/2017
» Standard Chartered Bank forecasts the Thai economy will grow 3.6% this year, underpinned by strong export growth, while lower political uncertainty is expected to push GDP growth to 4.3% in 2018.
BoT alarm over plight of poor
Business, Pawee Sirimai, Published on 07/10/2017
» The Bank of Thailand has painted a gloomy picture of private consumption prospects, saying the income of those at the bottom of the economic ladder is slow to recover while their debts keep increasing.
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.
Personal debt still hampers spending
Business, Pawee Sirimai, Published on 30/08/2017
» Even though household debt has been quite stable, massive leverage will continue to weigh on economic growth over the next few years, warns a high-ranking official at the Bank of Thailand.
Apisak aims to allay fears over currency
Business, Pawee Sirimai, Published on 21/07/2017
» The economic recovery remains resilient in the face of the stronger baht, with large firms able to handle the situation, says Finance Minister Apisak Tantivorawong.
BoT eases up on forex regulations
Business, Pawee Sirimai, Published on 06/06/2017
» The Bank of Thailand yesterday loosened a set of foreign exchange regulations, including allowing Thais to invest directly in securities abroad at an amount of up to $1 million a year, in a fresh bid to accommodate capital outflows, curb the appreciating baht (which briefly slipped below 34 to the US dollar) and make doing business easier.
BoT tracking offshore inflows
Business, Pawee Sirimai, Published on 30/05/2017
» The Bank of Thailand is still closely monitoring offshore inflows after the baht appreciated to just shy of 34 to the US dollar. The central bank will also hold steady on its tapering measures for short-dated bonds next month.
BoT: Bourse outflows to be expected
Business, Pawee Sirimai, Published on 12/05/2017
» Ongoing fund outflows from the Thai stock market are in line with the Bank of Thailand's expectations and the phenomenon is commonly seen in emerging markets, says the central bank chief.