Showing 1-10 of 11 results
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BAAC, agencies partner to upgrade smart farms
Business, Published on 09/12/2019
» Deputy Prime Minister Somkid Jatusripitak has ordered the Bank for Agriculture and Agricultural Cooperatives (BAAC) to team up with the Industrial Promotion Department and the Tourism Authority of Thailand (TAT) to develop and upgrade smart farmers and community tourism, part of ongoing efforts to address poverty in the rural sector, covering as many as 30 million people.
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Yuan’s slump puts Asia’s rate-cutting central banks on alert
Published on 05/08/2019
» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.
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Investors heartened as fed ends rate suspense
Business, Published on 20/03/2017
» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.
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Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
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Global shares sink in bad case of China syndrome
Business, Published on 11/01/2016
» Recap: The new year got off to a miserable start as China suspended share trading twice, the yuan slid to a five-year low, and weak manufacturing and services data in the world's second-largest economy rattled traders everywhere including Thailand.
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Prasarn: Let market forces drive baht
Business, Pathom Sangwongwanich, Published on 17/08/2015
» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.
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Asian central banks are forever blowing bubbles
Published on 13/06/2015
» Recent years have seen reams of research on the role of central banks in inflating asset-price bubbles. The latest developments in Asia suggest that more may be coming.
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Owe what a feeling
Asia focus, Tanyatorn Tongwaranan, Published on 09/03/2015
» The rapid accumulation of household debt seen in Asia over the past five years has triggered concerns about the prospect of a financial crisis similar to the one in 2007 caused by the bursting of the housing bubble in the United States.
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Year in Review
Asia focus, Published on 29/12/2014
» Asia rose to new heights in 2014 despite the many challenges that beset the region. Headline-making developments ranged from China dethroning the United States as the world's largest economy, subject to vigorous debate as that may be, to the tragic mystery of Malaysia Airlines Flight MH370.
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Set flirts with 1,600 as central banks stay busy
Business, Published on 01/12/2014
» Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.
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