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BoT: Labour to curb GDP
Business, Somruedi Banchongduang, Published on 16/08/2018
» The Bank of Thailand forecasts that Thailand's ageing demography will dampen the country's annual GDP growth by 1.5 percentage points over the next 10 years. Thailand's labour growth rate averaged 5% over the past 10 years, but such growth is expected to decline to 3.5% a year in the next decade, said Don Nakornthab, senior director of the economic and policy department.
BoT 'suppressed baht' to bolster exports: KBank
Business, Somruedi Banchongduang, Published on 14/07/2017
» The Bank of Thailand intervened in the currency market last week in what was believed to be an attempt to prevent the baht strengthening so as to stop export recovery momentum stalling, according to a senior official at Kasikornbank (KBank).