Showing 1-10 of 23 results
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Forecast cut for foreign arrivals
Business, Somruedi Banchongduang, Published on 23/12/2021
» The Bank of Thailand has cut its forecast for foreign tourist arrivals in 2022 because of the impact of the Omicron variant and government measures to restore mandatory quarantine for visitors entering the country from overseas.
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BoT positive on provinces
Business, Somruedi Banchongduang, Published on 12/11/2021
» Regional and provincial economic activities have been picking up after the country's reopening and the positive momentum is expected to be carried on in the remaining period of this year, says an executive at the Bank of Thailand (BoT).
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StanChart optimistic on shipments
Business, Somruedi Banchongduang, Published on 24/07/2021
» Standard Chartered Bank (Thai) views exports as the key engine to support the Thai economy this year and drive growth next year.
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Survey suggests hotels lacking liquidity
Business, Somruedi Banchongduang, Published on 06/07/2021
» The remaining liquidity of most hotel operators means they will be able to cover operation costs for less than three months, a Bank of Thailand (BoT) survey suggests.
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CIMBT eyes hotels for uptick
Business, Somruedi Banchongduang, Published on 02/07/2021
» The research house of CIMB Thai Bank (CIMBT) forecasts Bangkok and the five surrounding provinces under the government's partial lockdown measures should reopen in August, while the Phuket sandbox scheme should help hotels on the island recover.
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Baht weakness to persist for short term
Business, Somruedi Banchongduang, Published on 23/06/2021
» The baht is expected to remain weak in the short term because the US Federal Reserve is likely to raise its policy rate earlier than projected.
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Money changers feeling the pinch
Business, Somruedi Banchongduang, Published on 16/06/2021
» Fifty-seven money changers closed their operations over the past year, while the volume of money exchanged plunged by over 600%, mainly due to the country's suspension of cross-border travel amid the Covid-19 pandemic.
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Jab success supports 5% Q4 growth tally
Business, Somruedi Banchongduang, Published on 11/06/2021
» The third wave of the pandemic is projected to end in July, which could support Thai economic growth of 5% in the final quarter this year if the government can maintain a vaccination rate of 400,000 doses per day, says Kasikorn Research Center (K-Research).
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JSCCIB predicts Q4 recovery amid jabs
Business, Somruedi Banchongduang, Published on 10/06/2021
» The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) expects the Thai economy to pick up in the fourth quarter this year -- faster than earlier projections of the first quarter of next year -- if the government can maintain momentum of its vaccine programme.
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Interest-free SME loans from KBank
Business, Somruedi Banchongduang, Published on 06/05/2020
» Kasikornbank (KBank) has launched a 1-billion-baht loan scheme, offering interest-free borrowing for the first year to small and medium-sized enterprises (SMEs) with up to 200 employees as a way to keep 41,000 workers on payroll during the pandemic.
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