Showing 1-10 of 25 results
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Fitch: BoT to postpone rate cuts until H2
Business, Nareerat Wiriyapong, Published on 31/01/2024
» Despite political pressure, analysts expect the Bank of Thailand to refrain from cutting interest rates until the second half of this year, in line with predictions for the US Federal Reserve, saying it is too early to consider monetary easing now.
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The showdown over interest rates
Business, Nareerat Wiriyapong, Published on 11/01/2024
» Tensions are growing as Prime Minister Srettha Thavisin and the Finance Ministry continue their stand-off with the Bank of Thailand after the premier repeatedly suggested the central bank should cut interest rates as inflation has subsided.
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BoT seen cutting rates in H2, 2024
Business, Nareerat Wiriyapong, Published on 05/12/2023
» The Bank of Thailand is projected to start cutting interest rates in the second half of 2024, in line with similar moves by the US Federal Reserve, say analysts, as the domestic economy needs more support to drive growth next year.
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Global interest rates likely to fall
Business, Nareerat Wiriyapong, Published on 30/11/2023
» Central banks all over the world are expected to start cutting interest rates by mid-2024, encouraging foreign capital to flow back to stock markets in Asia including Thailand, which should gain from intensified geopolitical conflicts, say leading economists.
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Analysts downgrade forecasts for 2024 arrivals
Business, Nareerat Wiriyapong, Published on 29/11/2023
» The Tourism Authority of Thailand's (TAT) target of 8.2 million Chinese arrivals in 2024 is "quite challenging", say analysts, as they cut their forecasts for total foreign arrivals next year amid a weak global economy.
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Bank of Thailand policy focuses on ensuring smooth landing
Business, Nareerat Wiriyapong, Published on 24/08/2023
» The Bank of Thailand's policy consideration is focused on ensuring a smooth landing for the economy as tourist spending and exports have been lower than expected, according to the central bank governor.
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Tourism ministry seeks B8.7bn economic 'booster shot'
Business, Nareerat Wiriyapong, Published on 15/11/2022
» LONDON: The Tourism and Sports Ministry is planning to ask the cabinet this month for a budget of 8.7 billion baht to support the tourism industry, saying a "booster shot" is required for Thailand to attract 18-20 million tourists next year.
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TAT aims for 800,000 UK visitors next year
Business, Nareerat Wiriyapong, Published on 09/11/2022
» London: Thailand is hoping to attract 800,000 visitors from the UK in 2023, twice as many as the 400,000 expected this year, as a major drive for the country to achieve overall tourism revenue of 1.73 trillion baht next year, the Tourism Authority of Thailand (TAT) said yesterday.
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Hope for the marginalised in India
Asia focus, Nareerat Wiriyapong, Published on 25/07/2022
» While the final no-confidence debate targeting Prime Minister Prayut Chan-o-cha and his crew was under way at home last week, my focus was on India's presidential election. The result was widely welcomed as veteran tribal politician Draupadi Murmu made history.
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Sport and sexism in Japan
Asia focus, Nareerat Wiriyapong, Published on 22/02/2021
» Congratulations to Seiko Hashimoto, Japan's former Olympics minister, who has taken the helm of the troubled Tokyo Games, after her predecessor quit amid an uproar over his sexist remarks.
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