Showing 1-10 of 89 results
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KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
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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.
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BoT: Commercial banks' bad loans to peak in Q4
Business, Pawee Sirimai, Published on 11/11/2017
» Commercial lenders' bad loans will peak at just above 3% of loans outstanding this quarter, says a senior Bank of Thailand official.
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Q3 growth of 3.7-4% forecast
Business, Pawee Sirimai, Published on 20/11/2017
» Thailand's economic growth is expected to expand by 3.7-4% during the three months to September mainly because of stronger growth in exports and tourism, say economists.
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Inflation target left untouched
Business, Pawee Sirimai, Published on 20/10/2017
» The Bank of Thailand will maintain its inflation target band of 1-4% for next year on expectations that inflation will fall back to the lower band by mid-2018, says governor Veerathai Santiprabhob.
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Unlocking your home's equity
Business, Pawee Sirimai, Published on 06/11/2017
» A reverse mortgage is a powerful source of income for retirees. It helps them cover daily living expenses and healthcare costs by converting their home equity into cash with no repayment of the loan until the borrower dies or the home is sold.
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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.
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Potential US rate rise puts brakes on fund inflows
Business, Pawee Sirimai, Published on 30/09/2017
» The influx of offshore funds into Thailand has slowed after the US Federal Reserve signalled another rate rise this year, says a senior Bank of Thailand official.
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TMB raises GDP forecast with caveat
Business, Pawee Sirimai, Published on 08/09/2017
» TMB Analytics has revised up its forecast for Thailand's full-year economic growth to 3.5% from 3.3% in the wake of robust exports. But TMB Bank's research house raised concerns about the concentration of economic activity in a few large corporations.
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Private sector stays cautious on exports
Business, Pawee Sirimai, Published on 06/09/2017
» Thailand's top business group is keeping this year's export forecast at 3.5-4% as it remains cautious over a number of downside risks.
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