Showing 1-10 of 120 results
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Central bank set to cut growth outlook
Business, Somruedi Banchongduang, Published on 01/02/2024
» The Bank of Thailand (BoT) is likely to slash the country's gross domestic product (GDP) outlook for 2024 after growth in the fourth quarter of last year was weaker than expected.
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Citibank: BoT likely to freeze rates for 2 years
Business, Somruedi Banchongduang, Published on 20/01/2024
» Citibank Thailand expects the Bank of Thailand to keep its policy rate steady for two years, in line with a gradual economic recovery and no inflationary pressure.
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K-Research puts GDP gain at 3.1%
Business, Somruedi Banchongduang, Published on 13/12/2023
» Kasikorn Research Center (K-Research) predicts GDP growth of 3.1% next year, with expansion of 3.6% possible if the 10,000-baht digital wallet handout is implemented.
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BoT puts last quarter GDP growth at 3.7%
Somruedi Banchongduang, Published on 30/11/2023
» The Bank of Thailand (BoT) predicts gross domestic product (GDP) growth of 3.7% in the final quarter this year, attributed to the low-base effect amid a continued recovery driven by private consumption and tourism.
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BoT optimistic regarding growth as tourism recovers
Business, Somruedi Banchongduang, Published on 01/11/2023
» The Bank of Thailand expects the economy to have a better growth rate in the third quarter than the second after expansion missed the central bank's target for the previous quarter.
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World Bank cuts Thai growth to 3.4%
Business, Somruedi Banchongduang, Published on 03/10/2023
» The World Bank trimmed Thailand's economic growth forecast for this year and 2024 based on anticipation the country's exports would contract due to easing global demand. Tourism and private consumption are the key fuel driving economic growth.
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Economist backs consumption stimulus measures
Business, Somruedi Banchongduang, Published on 21/09/2023
» The government's policy of stimulating private consumption is reasonable to sustain Thailand's economic growth amid global uncertainties, says an economist with Standard Chartered Bank (Thai).
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Bangkok Bank maintains global expansion plans
Business, Somruedi Banchongduang, Published on 14/09/2023
» Bangkok Bank (BBL) is continuing to grow its international banking business while making an adjustment in strategy, in line with countries' changing economic circumstances.
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Bank of Thailand gauges effect of handout
Business, Somruedi Banchongduang, Published on 01/09/2023
» The Bank of Thailand expects the Pheu Thai Party's proposed 10,000-baht digital handout scheme will require a total budget of around 500 billion baht, adding 3% to GDP growth next year.
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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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