Showing 1 - 10 of 22
Ministry upbeat on baht rebound
Business, Wichit Chantanusornsiri, Published on 09/07/2022
» The Finance Ministry expects the baht's value to rebound in the second half this year, in line with the anticipated narrowing of the current account deficit, says a ministry source who requested anonymity.
MPC cautious on rate change
Wichit Chantanusornsiri, Published on 30/04/2013
» The Bank of Thailand's Monetary Policy Committee (MPC) will only slash policy rate if necessary, Federation of Thai Industries (FTI) chairman Payungsak Chartsutthipol predicted on Tuesday.
FPO slashes growth forecast to 2.8% on low tourism figures
Business, Wichit Chantanusornsiri, Published on 29/01/2021
» The Finance Ministry's Fiscal Policy Office (FPO) has slashed Thailand's economic growth forecast to less than 3% this year as projected foreign tourist arrivals are substantially lower given the second wave of the pandemic.
Bank upbeat on GDP outlook
Business, Wichit Chantanusornsiri, Published on 27/10/2021
» Standard Chartered Bank expects Thailand's gross domestic product to rebound in 2022 to around 3% from the forecast zero growth this year.
Thirachai hails BoT plan, slams rate-cut advocates
Business, Wichit Chantanusornsiri, Published on 17/05/2013
» Former finance minister Thirachai Phuvanatnaranubala has warned that a policy rate cut cannot tame the influx of capital inflows but would instead create a bubble in the economy.
Policymakers weigh baht options
Business, Wichit Chantanusornsiri, Published on 04/01/2020
» Policymakers still have monetary and fiscal policy space to rein in the stronger baht, but it will be used when appropriate, says Finance Minister Uttama Savanayana.
Stronger baht seen as fleeting
Business, Wichit Chantanusornsiri, Published on 08/08/2017
» The strength of the baht, which last week leapfrogged the Korean won to become the best-performing currency in Asia against the US dollar in 2017, will be short-lived and is not a threat to exports in the second half, says Finance Minister Apisak Tantivorawong.
Kittiratt backs cut, throws jabs
Business, Wichit Chantanusornsiri, Published on 30/05/2013
» Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong has thrown his support behind yesterday's 25-basis-point cut in the policy interest rate by the Monetary Policy Committee (MPC).
Arkhom predicts low-growth year for Thai economy
Business, Wichit Chantanusornsiri, Published on 17/06/2023
» The Thai economic recovery this year is expected to be "low growth", says Finance Minister Arkhom Termpittayapaisith.
Arkhom calms jitters
Business, Wichit Chantanusornsiri, Published on 23/03/2023
» Finance Minister Arkhom Termpittayapaisith has offered reassurance that Thai financial institutions will not be affected by the banking debacle in the US and Europe as local organisations have little exposure to such banks.