Showing 1-10 of 137 results
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Ambiguous growth drivers cloud outlook
Business, Pathom Sangwongwanich, Published on 19/02/2021
» Thailand's economic outlook in the post-Covid-19 period remains vague because of ambiguous growth drivers, with tourism's contribution to GDP unlikely to reach 30% as planned, says a veteran economist.
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Fitch sees 'very dim' path for GDP growth
Business, Pathom Sangwongwanich, Published on 20/01/2021
» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.
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BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 18/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
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BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 17/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
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ASP: Slower growth and exports tether baht
Business, Pathom Sangwongwanich, Published on 09/06/2020
» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).
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AEC clarifies shortfall with SEC
Business, Pathom Sangwongwanich, Published on 28/05/2020
» SET-listed AEC Securities has clarified its failure to maintain net capital as required by the Securities and Exchange Commission (SEC), attributing the shortage to the calculation of its debenture holding.
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THAI debentures downgraded to default
Pathom Sangwongwanich, Published on 27/05/2020
» Tris Rating has downgraded Thai Airways International's company rating and senior unsecured debentures to default following the Central Bankruptcy Court’s acceptance of THAI’s rehabilitation petition.
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US mulls listing Thailand as currency manipulator
Business, Pathom Sangwongwanich, Published on 02/01/2020
» Thailand could meet the three criteria of the US Treasury Department's foreign exchange report in the coming periods, possibly putting the country on a monitoring list of currency manipulators, says Siam Commercial Bank's Economic Intelligence Centre (EIC).
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Goldman Sachs says 2020 global recession unlikely
Business, Pathom Sangwongwanich, Published on 14/11/2019
» Despite the manufacturing sector's troubles and Sino-US trade tensions, the prospects of a global economic recession occurring next year are low as fundamentals drivers of growth in major economies still remain healthy, says Goldman Sachs Asset Management.
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Barriers, data dearth hamper Asian market
Business, Pathom Sangwongwanich, Published on 01/08/2019
» Despite healthy GDP growth, the Southeast Asian property market still has investment barriers and a lack of data, says Credit Suisse.
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