Showing 1-10 of 403 results
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Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
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Global financial markets face more uncertainties in 2023
Business, Somruedi Banchongduang, Published on 17/12/2022
» Financial markets worldwide face higher uncertainties next year because of the tight monetary policies of key central banks and decelerating global economic growth in 2023, says Bank of Thailand governor Sethaput Suthiwartnarueput.
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KBank predicts policy rate rise
Business, Somruedi Banchongduang, Published on 16/11/2018
» Kasikornbank (KBank) forecasts the first policy rate hike in more than seven years, with a quarter-point increase, will take place at next year's first policy meeting after Wednesday's tight vote.
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Central bank poised to raise policy rate pending changes
Business, Somruedi Banchongduang, Published on 30/09/2022
» The Bank of Thailand is prepared to keep raising its policy rate if core inflation rises faster than predicted.
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Scotiabank shelves TBank divestment
Business, Somruedi Banchongduang, Published on 07/09/2016
» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.
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With China, possibilities abound for SCB
Business, Somruedi Banchongduang, Published on 17/07/2019
» Greater opportunities for Thailand as a destination for China's outbound investment have been spotted as trade diversifies amid the US-China trade dispute, according to a Siam Commercial Bank (SCB) senior executive.
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MPC expected to hike policy rate further
Business, Somruedi Banchongduang, Published on 27/01/2023
» Economists forecast the Bank of Thailand's terminal policy rate will be in the range of 1.75% to 2.5% for this cycle of rate hikes.
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Economists expect vote for rate cut
Business, Somruedi Banchongduang, Published on 09/04/2024
» Economists anticipate the Bank of Thailand will opt to lower its policy rate on Wednesday, giving a short-term boost to the country's economy, which has been hindered by delays in budget disbursement.
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Bank of Thailand expects weaker economy in Q1
Business, Somruedi Banchongduang, Published on 01/02/2020
» The spread of the new coronavirus strain and the delay in the fiscal 2020 budget bill will dampen the economy, which will grow at a softer pace than expected in the first quarter and the full year, adding to the likelihood of a policy rate cut at next week's meeting, says a key central bank official.
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Bank of Thailand comfortable with current interest rates
Business, Somruedi Banchongduang, Published on 16/01/2024
» The Bank of Thailand (BoT) says the existing policy rate remains appropriate for economic recovery, while inflation is projected to stay within the target range.
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