Showing 1-10 of 36 results
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Politics plays a role in baht drift
Business, Somruedi Banchongduang, Published on 17/08/2023
» Prolonged political uncertainty is exacerbating baht volatility against the dollar as Thailand still has not formed a new government, says the head of the Bank of Thailand.
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CIMBT aims to grow offshore portfolio
Business, Somruedi Banchongduang, Published on 09/08/2023
» CIMB Thai Bank (CIMBT) expects to grow offshore loans this year thanks to regional business expansion of large local corporations, in line with Asean's economic growth.
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Volatile politics set to hit economy
Business, Somruedi Banchongduang, Published on 12/07/2023
» Kasikorn Research Center (K-Research) expects the domestic political situation to be a key factor affecting the Thai economy in the second half of this year.
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EIS optimistic on economic prospects in H2
Business, Somruedi Banchongduang, Published on 13/06/2023
» The Economic Intelligence Service (EIS), a research arm of the Thailand Development Research Institute (TDRI), forecasts a better second half for the Thai economy, driven by increased tourism and domestic consumption, although the political instability would need to be monitored.
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Coalition delays seen as threat to growth
Business, Somruedi Banchongduang, Published on 08/06/2023
» The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.
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Worries over baht volatility as coalition talks continue
Business, Somruedi Banchongduang, Published on 25/05/2023
» Investors are concerned that the formation of a new government and political risk could lead to higher baht volatility over the next month, says Kasikornbank (KBank).
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Economists weigh in on poll winners
News, Somruedi Banchongduang, Published on 16/05/2023
» The banking sector is recommending the new government prioritise elevating the country's competitiveness through the stimulation of consumption, tourism and private investment.
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Industry group knocks Pheu Thai's 600B minimum wage
Business, Somruedi Banchongduang, Published on 08/12/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is opposing the Pheu Thai Party's pledge to raise the daily minimum wage to 600 baht because it could affect the business sector's competitiveness.
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Central bank says politics won't affect economy
Business, Somruedi Banchongduang, Published on 01/10/2022
» The Bank of Thailand believes politics should not affect the economy, which is showing signs of further recovery in the second half.
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Political uncertainty hits confidence
Business, Somruedi Banchongduang, Published on 31/10/2020
» Domestic political uncertainty is putting pressure on consumer confidence, though private consumption registered a small improvement last month, says a senior Bank of Thailand official.
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