Showing 1-10 of 16 results
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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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Trilateral currency settlement pact agreed
Business, Pathom Sangwongwanich, Published on 12/12/2017
» The Bank of Thailand together with Bank Indonesia (BI) and Bank Negara Malaysia (BNM) on Monday announced the launch of a local currency settlement framework between them to promote trade and investment trilaterally.
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'No way' Thailand is a currency manipulator
Business, Pathom Sangwongwanich, Published on 26/06/2017
» Thailand's risk of being labelled a currency manipulator by the US is "de minimis" or unlikely as the baht movement is in line with other Asian currencies, says an executive at Citibank.
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Prevention and cure
Asia focus, Pathom Sangwongwanich, Published on 22/05/2017
» Two decades have passed since the economic bubble burst and escalated into the 1997 Asian financial crisis, but vivid memories of the calamity linger to this day. The hard lessons learned have led policymakers and households alike to be more prudent as well as properly prepared for future turbulence.
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In China's shadow
Asia focus, Pathom Sangwongwanich, Published on 10/10/2016
» Home to 1.3 billion people spread across a land area of 9.6 million square kilometres, China is a force to be reckoned with. "When China sneezes, the world catches a cold" sums up the profound impact the world's second largest economy now has on global affairs.
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Brexit could free UK to be more adventurous abroad
Asia focus, Pathom Sangwongwanich, Published on 10/10/2016
» The decision by British voters to exit the European Union could pave the way for a concrete trade agreement between Britain and Asean as the former can now pursue its own interests more actively, say analysts.
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Baht-ringgit settlement due to start in coming quarter
Business, Pathom Sangwongwanich, Published on 23/12/2015
» Direct local currency settlement between the baht and the Malaysian ringgit will come into effect in next year's first quarter as the selection process for designated commercial banks progresses, says a Bank of Thailand senior official.
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HSBC: Thai labour productivity stumbles
Business, Pathom Sangwongwanich, Published on 21/09/2015
» The Thai economy's long-term growth potential has entered a "new normal" stage with a lower trajectory as labour productivity ebbs and investment falters, says an Asean economist.
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Baht-ringgit liberalisation takes shape
Business, Pathom Sangwongwanich, Published on 28/08/2015
» The Bank of Thailand yesterday signed a memorandum of understanding (MoU) with Bank Negara Malaysia on settlement cooperation and investment, a move aimed at reducing risk from foreign exchange volatility.
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