Showing 1-10 of 17 results
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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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Standard Chartered sees 3.6% growth
Business, Pawee Sirimai, Published on 19/10/2017
» Standard Chartered Bank forecasts the Thai economy will grow 3.6% this year, underpinned by strong export growth, while lower political uncertainty is expected to push GDP growth to 4.3% in 2018.
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ADB predicts 3.5% Thai growth
Business, Pawee Sirimai, Published on 21/04/2017
» The Thai economy is expected to expand by 3.5% based on an export recovery and domestic public spending this year, with momentum set to continue next year, raising growth to 3.6%, says the Asian Development Bank (ADB).
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BoT predicts more balanced recovery
Business, Pawee Sirimai, Published on 27/01/2017
» A broader-based recovery is expected this year from stronger agricultural and export sectors and more government spending in provincial areas, says the governor of the central bank.
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Central bank says bond yields likely to remain volatile
Business, Pawee Sirimai, Published on 25/01/2017
» The ongoing bond yield spikes are not expected to cause a sudden shift in banks' interest rate trends as liquidity in the financial market remains high, says the Bank of Thailand's chief.
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MTL eyes premium growth
Business, Pawee Sirimai, Published on 25/01/2017
» Muang Thai Life Assurance (MTL) is aiming for 10% growth in gross premiums this year after delivering a 10.4% increase in 2016.
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Baht forecast to hit 36.5 by mid-year
Business, Pawee Sirimai, Published on 24/01/2017
» The baht is expected to weaken to 36.5 against the greenback in the first half of this year before reversing the trend to become firmer at 35.5 at the end of the year as US President Donald Trump might not be able to deliver as strong economic growth as expected, says TMB Bank (TMB).
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Kasikornbank says FED will raise rate once
Business, Pawee Sirimai, Published on 13/01/2017
» Kasikornbank (KBank) forecast the US Federal Reserve (Fed) will lift its policy rate only once this year, citing that inflationary pressure may be lower than expected, and fears that a firmer dollar will blunt American companies' competitiveness.
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US flux may spare Thai companies
Business, Pawee Sirimai, Published on 02/12/2016
» Although the rising trend of the US dollar and interest rate hikes are expected to hurt the credit quality of Asia-Pacific companies, Thailand is seen as relatively resilient to currency exchange exposure, S&P Global says.
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Year-end shop hauls to guard against slump
Business, Pawee Sirimai, Published on 29/11/2016
» The government's measures to spur a shopping spree during the festive season are expected to help sustain the economic recovery against temporary negative factors before investment in megaprojects starts to materialise next year, says Bank of Thailand governor Veerathai Santiprabhob.
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