Showing 1-10 of 102 results
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Economic leadership void seen worsening uncertainty
Bloomberg News, Published on 20/07/2020
» Thailand is replacing the top two officials steering the economy through its worst crisis ever, injecting more uncertainty into the policy outlook.
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Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
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Central bank seen resisting rate-cut pressure
Bloomberg News, Published on 07/02/2024
» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.
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African nations dominate top 10 economic growth spots
Bloomberg News, Published on 09/01/2024
» JOHANNESBURG - Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light.
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Samsung profit tumbles 35% as chip weakness persists
Bloomberg News, Published on 09/01/2024
» SEOUL - Samsung Electronics Co posted its sixth straight quarter of declining operating profit, reflecting weak consumer demand and stoking uncertainty over the timing of a broader tech recovery.
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Beer demand suffering as price hikes take toll - brewer
Bloomberg News, Published on 25/10/2023
» AMSTERDAM - Heineken NV said it is on track to hit its profit target this year, even as higher prices and economic uncertainty led drinkers in many parts of the world to pull back on premium beverage purchases.
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Thailand needs tighter fiscal stance - central banker
Bloomberg News, Published on 25/08/2023
» The Bank of Thailand (BoT) wants the new government led by Srettha Thavisin of the Pheu Thai Party to pursue fiscal consolidation in tandem with monetary policy to avoid fuelling inflation in the economy.
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Central bank lifts key rate to 9-year high
Bloomberg News, Published on 02/08/2023
» The Bank of Thailand raised its key interest rate to a nine-year high on Wednesday, amid concerns about upside risks to prices.
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Tourism to limit economic pain as new government awaited
Bloomberg News, Published on 18/05/2023
» Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy.
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IMF downgrades Asia Pacific forecast
Bloomberg News, Published on 29/07/2022
» The International Monetary Fund (IMF) has lowered its growth forecast for the Asia Pacific region this year to 4.2% -- 0.7 percentage point lower than it expected in April, and well below the region’s 6.5% growth in 2021.
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