Showing 1-10 of 10 results
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Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
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MPC keeps policy rate unchanged at 1.5%
Business, Pawee Sirimai, Published on 09/11/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy interest rate unchanged yesterday as widely expected, saying the economy has grown at a faster pace than expected.
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Standard Chartered sees 3.6% growth
Business, Pawee Sirimai, Published on 19/10/2017
» Standard Chartered Bank forecasts the Thai economy will grow 3.6% this year, underpinned by strong export growth, while lower political uncertainty is expected to push GDP growth to 4.3% in 2018.
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BoT alarm over plight of poor
Business, Pawee Sirimai, Published on 07/10/2017
» The Bank of Thailand has painted a gloomy picture of private consumption prospects, saying the income of those at the bottom of the economic ladder is slow to recover while their debts keep increasing.
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Private sector stays cautious on exports
Business, Pawee Sirimai, Published on 06/09/2017
» Thailand's top business group is keeping this year's export forecast at 3.5-4% as it remains cautious over a number of downside risks.
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Personal debt still hampers spending
Business, Pawee Sirimai, Published on 30/08/2017
» Even though household debt has been quite stable, massive leverage will continue to weigh on economic growth over the next few years, warns a high-ranking official at the Bank of Thailand.
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Bad loans still vexing SMEs
Business, Pawee Sirimai, Published on 15/07/2017
» Soured small and medium-sized enterprise (SME) loans show no sign of declining as a lack of competitive edge and uneven economic recovery hinder debt-servicing ability, says a senior Bank of Thailand official.
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MPC keeps rate steady, frets over bad SME loans
Business, Pawee Sirimai, Published on 25/05/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate unchanged yesterday at 1.5% as widely expected while voicing concerns over the debt-servicing ability of small and medium-sized enterprises (SMEs).
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BoT highlights upside odds
Business, Pawee Sirimai, Published on 24/12/2016
» The Bank of Thailand sees upside risk to its 2017 forecast of 3.2% GDP growth if the US economy performs better than expected or the Thai government manages to get its infrastructure projects off the ground ahead of schedule.
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Confidence drops to neutral
Business, Pawee Sirimai, Published on 07/12/2016
» Investor confidence for the three months to February weakened from last month's survey, weighed by the possibility of persistent capital outflows from emerging markets triggered by US President-elect Donald Trump's inwardly focused policies.
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