Showing 1-10 of 11 results
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World Bank cuts Thai growth to 3.4%
Business, Somruedi Banchongduang, Published on 03/10/2023
» The World Bank trimmed Thailand's economic growth forecast for this year and 2024 based on anticipation the country's exports would contract due to easing global demand. Tourism and private consumption are the key fuel driving economic growth.
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Thai growth set to beat BoT forecast
Business, Somruedi Banchongduang, Published on 16/06/2023
» The Bank of Thailand expects GDP growth to exceed its forecast, with the economic policies of the new government driving expansion alongside tourism and consumption growth.
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BoT: Economy still on the road to recovery
Business, Somruedi Banchongduang, Published on 30/04/2022
» While higher inflation agitated Thais and slowed the country's economy in March, the outlook remains a path towards recovery, according to the Bank of Thailand.
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BoT maintains its monetary policy
Business, Somruedi Banchongduang, Published on 19/04/2022
» The Bank of Thailand still maintains an accommodative monetary policy to support economic recovery and views that supply-side inflationary pressure will be a temporary factor.
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CIMBT expects conflict to dent GDP growth prospects
Business, Somruedi Banchongduang, Published on 08/04/2022
» The Thai economy is expected to continue to rebound in the second quarter amid inflationary pressure, but the growth rate for the full year will be lower than previously forecast because of the Russia-Ukraine war, says a CIMB Thai Bank (CIMBT) economist.
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SCB sees stagflation for Thai economy
Business, Somruedi Banchongduang, Published on 30/03/2022
» Thailand's economy has gone into stagflation because of a fragile recovery and surging price hikes, says an economist at the Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank (SCB).
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Thai growth rate to take big hit from Russia-Ukraine war
Somruedi Banchongduang, Published on 25/03/2022
» Kasikorn Research Center (K-Research) has slashed its forecast for Thai economic growth this year to 2.5%, mainly as a result of the Russia-Ukraine war.
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BoT sees export peak this month, maintains forecast
Business, Somruedi Banchongduang, Published on 29/09/2018
» The Bank of Thailand estimates that the country's export value will peak at US$23 billion this month and help export growth reach 9% this year.
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SCB's rich clients bullish on major pound rebound
Business, Somruedi Banchongduang, Published on 05/07/2016
» Following the British pound's retreat triggered by anxiety over Britain's vote to leave the EU, demand from high-net-worth customers at Siam Commercial Bank (SCB) for dual currency deposits has jumped significantly as they bet on a pound recovery.
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SME confidence slips in fourth quarter
Business, Somruedi Banchongduang, Published on 27/01/2015
» Confidence among small and medium-sized enterprises (SMEs) regarding business circumstances slipped in last year's fourth quarter, although expectations for this quarter have improved marginally.
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