Showing 1-10 of 53 results
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Market forecasts rate hike cycle nears end
Business, Somruedi Banchongduang, Published on 16/08/2023
» With the Bank of Thailand gradually raising its policy benchmark rate for a year as part of its monetary policy normalisation to tame inflation, the market now expects the rate hike cycle to end.
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Krungsri upbeat on M&A view
Business, Somruedi Banchongduang, Published on 22/02/2023
» Bank of Ayudhya (Krungsri) sees greater opportunity for large corporate customers to make merger and acquisition (M&A) deals this year thanks to a clearer economic outlook following the easing of the pandemic.
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Slowing exports pressure growth
Business, Somruedi Banchongduang, Published on 01/02/2023
» A higher risk of slowing exports amid a global economic slowdown will pressure Thai economic growth this year, despite positive growth of the tourism sector, says an executive of the Bank of Thailand.
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BoT hikes interest rate for 4th time
Business, Somruedi Banchongduang, Published on 26/01/2023
» The Bank of Thailand yesterday raised its policy interest rate by 0.25 percentage points for a fourth consecutive time in an attempt to contain high inflation.
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Speculation bumps up baht
Business, Somruedi Banchongduang, Published on 12/11/2022
» The baht surged to its strongest level in almost three months on Friday after China eased some of its quarantine rules for travellers and speculation the United States Federal Reserve would be less aggressive with its rate hikes.
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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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Central bank upbeat on prospects despite export dip
Business, Somruedi Banchongduang, Published on 01/09/2022
» Exports dropped in July, mainly attributed to lower demand from trading partners in line with a riskier global economy, though Thailand's economy continues to see signs of recovery, says a Bank of Thailand executive.
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Central bank raises interest rate
Business, Somruedi Banchongduang, Published on 11/08/2022
» The Bank of Thailand raised its key interest rate for the first time in nearly four years yesterday in an effort to wrestle control over surging inflation as the economic recovery gains momentum.
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Tourist surge to propel economy in 2nd half
Business, Somruedi Banchongduang, Published on 28/07/2022
» The Thai economy will continue to recover in the second half of this year, supported by all the indicators including private consumption and foreign tourist arrivals, says a Bank of Thailand executive.
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Banking sector's profits gain on higher interest income
Business, Somruedi Banchongduang, Published on 23/07/2022
» The local banking sector recorded improved net profit for the first half year-on-year, attributed to higher interest income.
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