Showing 1-10 of 347 results
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Reopening hinges on jab strategies
Business, Pathom Sangwongwanich, Published on 09/03/2021
» Vaccination will have a profound impact on Thailand's tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research).
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Fitch sees 'very dim' path for GDP growth
Business, Pathom Sangwongwanich, Published on 20/01/2021
» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.
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Exchange rates tipped for shaky 2021
Business, Pathom Sangwongwanich, Published on 08/01/2021
» Volatility and malleability are key themes for this year's foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand's surpluses in trade and current accounts, say economists.
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Virus, fragile labour market threaten economy in 2021: BoT
News, Pathom Sangwongwanich, Published on 31/12/2020
» The global Covid-19 pandemic, combined with a fragile labour market, pose as pertaining risks for the economic recovery in 2021, says the Bank of Thailand.
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BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 18/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
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BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 17/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
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Recovery unlikely until 2022
Business, Pathom Sangwongwanich, Published on 08/12/2020
» Thailand's economy is forecast for clear recovery momentum in 2022 as domestic demand will remain weak in 2021, says CIMB Thai Bank (CIMBT).
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BoT moves to curb strengthening baht
News, Pathom Sangwongwanich, Published on 21/11/2020
» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.
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Thai Union sees third-quarter profit rise by 50%
Business, Pathom Sangwongwanich, Published on 05/11/2020
» SET-listed Thai Union Group Plc (TU) saw its third-quarter net profit rising by 50% year-on-year, a quarterly record, due to strong sales growth and reduced losses in Red Lobster Seafood Co, the company's restaurant arm.
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ASP: Slower growth and exports tether baht
Business, Pathom Sangwongwanich, Published on 09/06/2020
» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).
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