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Search Result for “key policy rate”

Showing 1 - 10 of 35

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THAILAND

Krungsri partners with Next Capital launching

Published on 09/07/2021

» Thailand’s first THOR reference rate for long-term loan deals in response to BOT policy

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THAILAND

China's strong economy drives global oil consumption

Published on 27/03/2023

» Entering 2023, the price of crude oil is stable slightly lower than last year, the Russia-Ukraine war continues into the 2nd year, and China has returned to open the country which tends to increase oil demand. However, what affects the price of oil is not just the fundamental factors of oil production or consumption, but also economic and financial aspects that are linked to fund flows. At present, investors are concerned about the monetary policy of the Federal Reserve (Fed) that if the policy rate is raised higher for longer than expected, it will cause a sell-off of risk assets including oil. From December 2022 until now, the price of ICE Brent crude oil has never moved above $90 per barrel, compared to last year when the price exceeded $100 per barrel from March-August 2022 and even exceeded $128 per barrel for a while.

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THAILAND

Empowering Women: Organon's Commitment on Women’s Day

Published on 12/03/2024

» Organon, in partnership with the Kenan Foundation Asia, King Prajadhipok's Institute, the US Embassy Bangkok, the Department of Health, and the Bangkok Metropolitan Administration, reaffirmed their dedication to promoting "A Shared Commitment for Women's Health and Gender Equity in an International Women’s Day ceremony on March 8, 2024." This partnership has the power to translate policy into action, fostering substantial transformation and empowerment in Thailand in 2024 and beyond.

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THAILAND

TIDLOR's 2023 Success: High Profit, Low NPL, Tech Leverage

Published on 29/02/2024

» TIDLOR Announces Strong 2023 Performance with Record High Net Profit of 3,790 Million Baht, Maintains Low NPL at 1.45% and Leverages Technological Strength for Sustainable Growth in Both Lending and Insurance Brokerage Businesses.

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THAILAND

Bolstering Thai Economy: Key Recommendations for Government

Published on 21/02/2024

» The Vice Chairmen of the Federation of Thai Industries (FTI), Mr. Montri Mahaplerkpong and Mr. Apichit Prasoprat, reported a notable increase in the Thailand Industry Sentiment Index (TISI) for January 2024, rising to 90.6 from 88.8 in December 2023. This upswing in TISI can be attributed to various contributing factors.

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THAILAND

UOB Predicts 3.6% Growth for Thailand's Economy

Published on 16/02/2024

» According to UOB, Thailand's economy is expected to start the year slowly as the global economy recovers at a sluggish pace but is poised for a more rapid pickup in the second half of 2024. With a new government, fiscal stimulus packages, sustained tourism recovery, and a rebound in merchandise exports, the bank forecasts Thailand's Gross Domestic Product (GDP) to expand by 3.6 percent this year.

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THAILAND

Chulalongkorn University and WEF Unveil 2024 Growth Report Findings

Published on 22/01/2024

» Chulalongkorn Business School (CBS) is the sole organisation in Thailand that has partnered with the World Economic Forum (WEF) to conduct and publish The Future of Growth Report 2024.

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THAILAND

IRPC Achieves 2,439M Baht Profit in 3Q23

Published on 10/11/2023

» IRPC Public Company Limited announced its 3Q23 operating results, showcasing a net profit of 2,439 million baht. The company is expanding its presence in the rapidly growing health and wellness market, leveraging opportunities in the Eastern Economic Corridor (EEC). This move aligns with the Thai government's "Medical Hub Policy," aimed at establishing Thailand as a regional centre of excellence in medical services.

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THAILAND

Vincent Clinic's SSTP Technique Targets Rising Competition in Thailand's Booming Beauty Business

Published on 26/07/2023

» With the subsiding of Covid-19, public awareness of healthcare has surged, and the beauty business is experiencing a notable resurgence in growth and expansion. The International Society of Aesthetic Plastic Surgery (ISAPS) reported that Thailand's plastic surgery and beauty industry contributed to a market growth of 60 billion baht in 2022, a significant increase from 30 billion baht in 2017. The industry's value is projected to reach 2.16 trillion baht, a staggering 7.14 trillion baht by 2027, with an average annual growth rate of 13.9% (CAGR 2017 to 2027) or a 2.5-fold increase.