Showing 1-10 of 11 results
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Baht tipped to slide as US Fed delays rate cuts
News, Somruedi Banchongduang, Published on 12/04/2024
» The baht is poised to experience significant pressure, potentially reaching 37 baht per United States dollar next week, as a result of better-than-expected economic data from the US coupled with the US Federal Reserve's decision to hold off on interest rate cuts.
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Panel calls for Pao Tang app for stimulus money
Business, Somruedi Banchongduang, Published on 02/11/2023
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the government using the Pao Tang app for the 10,000-baht digital wallet scheme.
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BBL outstrips credit card spending target for 2 months
Business, Somruedi Banchongduang, Published on 28/03/2023
» Bangkok Bank (BBL) has surpassed its credit card spending target for the first two months of 2023, driven by the recovery of Thailand's economy and tourism sector.
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Bank of Thailand upbeat on Q1 rebound
Business, Somruedi Banchongduang, Published on 01/04/2022
» The Bank of Thailand assesses the economy as being on a recovery path in the first quarter this year, supported by the export and tourism sectors despite several uncertainties.
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Third wave to hurt demand for local tourism in May
Business, Somruedi Banchongduang, Published on 15/05/2021
» The Bank of Thailand predicts domestic tourism will be weaker in May than the previous month because of the severity of the third wave.
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BoT vows study of consumption habits
Business, Somruedi Banchongduang, Published on 10/04/2021
» The Bank of Thailand pledges to keep a close watch on the fresh wave of Covid-19 infections and, in particular, the government's measures in containing the infections as well as people's consumption behaviour.
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Political uncertainty hits confidence
Business, Somruedi Banchongduang, Published on 31/10/2020
» Domestic political uncertainty is putting pressure on consumer confidence, though private consumption registered a small improvement last month, says a senior Bank of Thailand official.
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Quarterly figures hit record trough
Business, Somruedi Banchongduang, Published on 30/05/2020
» The economy got off to a grim start this quarter, with several economic indicators posting the worst levels on record for an April, says a central bank senior official.
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BBL cuts 2019 credit card growth view
Business, Somruedi Banchongduang, Published on 18/04/2019
» Bangkok Bank (BBL) is set to cut its credit card growth target this year following sluggish performance, weighed down by the domestic political instability.
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K-Research sticks to 3% GDP growth
Business, Somruedi Banchongduang, Published on 08/04/2016
» Kasikorn Research Center (KResearch) is keeping Thailand's GDP growth forecast at 3% this year despite heightened uncertainties. The research house of Kasikornbank said government spending, stimulus measures and tourism will help ward off downside risks to growth.
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