Showing 1-10 of 48 results
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Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
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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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Leaders approve of farmer debt suspension
Business, Somruedi Banchongduang, Published on 09/09/2023
» The new government's tentative policy of debt suspension for farmers should help to mitigate the debt burden of borrowers, provided it is targeted at the vulnerable segment, say business leaders.
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As growth slows, BoT trims 2023 projection
Business, Somruedi Banchongduang, Published on 06/09/2023
» The Bank of Thailand reduced its growth projection for 2023 this month after GDP and the inflation rate were lower than forecast.
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BoT calls for stable policies
Business, Somruedi Banchongduang, Published on 20/07/2023
» Public confidence is more important than the new face of the upcoming coalition government and the new prime minister, while policy normalisation and the stability of fiscal and monetary policies are still required from the new government rather than economic stimulus, according to the governor of the Bank of Thailand.
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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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SCB ramps up growth outlook to 3.9%
Business, Somruedi Banchongduang, Published on 18/03/2023
» SCB Economic Intelligence Center (EIC), the research arm of Siam Commercial Bank, has upgraded its Thai economic growth forecast for 2023 to 3.9% from 3.4% because local and global economic trends are better than expected.
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Alipay predicts jump in mobile payments
Business, Somruedi Banchongduang, Published on 21/02/2023
» Alipay Thailand expects mobile payments made by Chinese travellers in Thailand to surge this year thanks to China's reopening.
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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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Krungthai Compass predicts 22.5m foreign arrivals in 2023
Business, Somruedi Banchongduang, Published on 11/01/2023
» Krungthai Compass, a research unit under Krungthai Bank, expects foreign tourist arrivals in 2023 to more than double the number recorded last year, estimating it will take two years to return to the level posted in 2019.
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