Showing 1-10 of 11 results
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Political turmoil blamed for GDP losses
Business, Somruedi Banchongduang, Published on 28/08/2018
» Thailand's political uncertainty over the past 20 years took a toll on the country's economic growth, shaving off 0.4 percentage points per year on average and depressing growth below its potential, according to a joint survey by the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier).
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IMF, EIC predict growth of less than 3%
Business, Somruedi Banchongduang, Published on 09/10/2019
» The IMF forecasts Thailand's GDP growth to slow to 2.9% this year before improving marginally to 3% in 2020, while the Economic Intelligence Center (EIC) under Siam Commercial Bank (SCB) sees growth of 2.8% for this year and next.
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BoT: Politics will not harm GDP growth
Business, Somruedi Banchongduang, Published on 02/04/2019
» Domestic politics are not anticipated to affect the country's economic growth this year because the two main political parties vying to form a coalition government have similar economic policies, says the Bank of Thailand.
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K-Research: Next regime needs stimulus
Business, Somruedi Banchongduang, Published on 03/04/2019
» The new government is likely to need short-term economic stimulus packages to boost growth momentum as the global economy lags, says Kasikorn Research Center (K-Research).
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Fitch cagey on sovereign
Business, Somruedi Banchongduang, Published on 14/09/2017
» Thailand's subpar economic growth is the main obstacle to the country's sovereign rating improving, says Fitch Ratings.
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Small firms seek mergers after regulation changes
Business, Somruedi Banchongduang, Published on 17/10/2014
» Regulatory changes in the insurance business are likely to compel mergers and acquisitions (M&A) among insurers, says an expert.
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Small firms' confidence edges up
Business, Somruedi Banchongduang, Published on 28/10/2014
» Confidence among small and medium-sized enterprises (SMEs) climbed for the first time this year in the third quarter as political concerns eased after the May 22 military takeover.
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BAY keeps SME loan growth goal
Business, Somruedi Banchongduang, Published on 08/08/2014
» Bank of Ayudhya (BAY), Thailand's fifth-largest lender by assets, is maintaining its 2014 growth target for SME loans at 13% despite the first-half figure falling far short of the target.
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SCB keeps loan outlook at 5% this year
Business, Somruedi Banchongduang, Published on 24/06/2014
» Siam Commercial Bank (SCB) expects its loan demand to pick up to a normal level in the final quarter this year in the wake of improving investor and consumer confidence following the junta's rapid moves to address economic and political problems.
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BoT chief asks for political transparency
News, Somruedi Banchongduang, Published on 24/05/2014
» Central bank governor Prasarn Trairatvorakul on Friday urged the future administration, when it is formed, to generate a better understanding of the political crisis, which holds the key to positively influencing the economic sector.
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