Showing 1 - 10 of 83
MPC wary of tourist dearth
Business, Pathom Sangwongwanich, Published on 18/02/2021
» The lack of foreign tourist arrivals presents a major risk to Thailand's medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand.
MPC: Growth may fall below forecast
Business, Pathom Sangwongwanich, Published on 07/01/2021
» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.
World Bank grim on GDP
Business, Pathom Sangwongwanich, Published on 10/06/2020
» The World Bank has slashed Thailand's GDP outlook for 2020 to a 5% contraction, a drastic cut from 2.7% growth projected previously, as supply chain disruptions and lockdown measures from the coronavirus crisis have triggered an economic downturn.
Baht veering to less than 30 against greenback next year
Business, Pathom Sangwongwanich, Published on 22/10/2019
» The baht's strengthening value could breach the band of 30 per US dollar next year, mainly because of Thailand's huge current account surplus, says Krungthai Asset Management (KTAM).
CEOs bemoan election effects
Business, Pathom Sangwongwanich, Published on 26/04/2019
» More than a third of chief executives at 117 SET-listed companies expect domestic political uncertainty arising from Thailand's general election to take a toll on domestic demand, the capital market and economic growth prospects.
BoT: Baht climbs as greenback slips
Business, Pathom Sangwongwanich, Published on 24/01/2019
» The baht's rising value is a result of the US dollar depreciation, stemming from domestic political developments in the world's largest economy, says the Bank of Thailand.
Thai AirAsia parent's Q1 profit jumps 76%
Business, Pathom Sangwongwanich, Published on 15/05/2018
» SET-listed Asia Aviation Plc (AAV), a major shareholder of Thai AirAsia Co Ltd (TAA), has reported a 76% year-on-year rise in its first-quarter net profit, buoyed by strong growth in number of passengers carried, high demand during peak season and the baht appreciation.
BoT: Economy failed to reach growth potential
Business, Pathom Sangwongwanich, Published on 04/01/2018
» Thailand's economy gained further traction in 2017, but has not reached its growth potential, while an accommodative monetary policy stance is "necessary" to shore up domestic demand going forward, says the Bank of Thailand.
With trade weak, East Asia counts on consumption and investment
Asia focus, Pathom Sangwongwanich, Published on 06/02/2017
» Despite the looming possibility of a trade war, economic growth is projected to improve in East Asian countries this year, propelled by two domestic engines of private consumption and public investment, economists say.
Rupee ripples
Asia focus, Pathom Sangwongwanich, Published on 05/12/2016
» Taking high-value banknotes out of circulation to curb corruption and counterfeiting might seem like a worthy idea, but India's experience has shown that good intentions need to be backed with credible planning.