Showing 1-10 of 37 results
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BoT nears QAB deal with Malaysians
Business, Pawee Sirimai, Published on 29/11/2017
» The Bank of Thailand expects to reach a conclusion with Bank Negara Malaysia on long-awaited Qualified Asean Banking (QAB) criteria soon, paving the way for indigenous banks in one country to operate in the other and receive similar treatment as local banks.
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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.
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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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UOB predicts Chinese uptick
Business, Pawee Sirimai, Published on 13/07/2017
» Chinese direct investment into Thailand will continue to pick up, supported by current infrastructure investment and Xi Jinping's Belt and Road initiative, says United Oversea Bank (UOB).
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Asean office issues rosy outlook for Thai growth
Business, Pawee Sirimai, Published on 13/06/2017
» The Asean+3 Macroeconomic Research Office (Amro) is upbeat that the Thai economy will remain on solid footing, and policymakers stand ready to adopt both fiscal and monetary policies to support the economy if needed.
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BoT losses taper off
Business, Pawee Sirimai, Published on 27/05/2017
» The Bank of Thailand's net loss narrowed by 9% to 80.8 billion baht in 2016, with the central bank saying its accumulated losses would not affect operations.
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Economist: Business environment central to FDI growth
Business, Pawee Sirimai, Published on 05/05/2017
» Thailand should put more effort into improving the business environment to attract foreign direct investment instead of creating further tax incentives, says an economist.
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Capital inflow continues despite efforts
Business, Pawee Sirimai, Published on 20/04/2017
» Despite the Bank of Thailand's moves to scale back short-term bond sales and curb the baht's rapid gains, offshore fund inflows are continuing but money is shifting to long-term bonds, says the central bank chief.
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Baht rally 'short term'
Business, Pawee Sirimai, Published on 29/03/2017
» The baht's further upside bias to the 34 baht-mark to the US dollar is seen as a short-term run on the back of persistent offshore fund inflows, largely to the Thai bond market, prompted by a perception that the local currency is a safe haven, says a senior official at Phatra Securities.
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BoT chief warns of risks from technological change
Business, Pawee Sirimai, Published on 16/02/2017
» Rapid technological advancements could increase volatility and inequality and keep inflation at a low level, while countries that fail to adapt to the changes could experience tepid growth, says the central bank chief.
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