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Showing 1-10 of 10 results
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Specialist argues for LTF deductions
Business, Pathom Sangwongwanich, Published on 20/10/2018
» A move to end the tax deductions for long-term equity funds (LTFs) could severely affect Thailand's stock market as the global stock market bull run is poised to dissipate in 2020, says a mutual fund specialist.
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MPC maintains policy rate but is wary of external risks
Business, Pathom Sangwongwanich, Published on 05/11/2015
» The Bank of Thailand's Monetary Policy Committee (MPC) voted unanimously yesterday to keep its policy interest rate unchanged at 1.5%, in line with the market's expectation, reasoning a cut would heighten external downside risks.
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Q2 growth of less than 3% foreseen
Business, Pathom Sangwongwanich, Published on 11/08/2015
» Second-quarter figures are expected to show the economy expanded at a weaker pace than in the first quarter, at less than 3% year-on-year.
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BoT cuts growth view to 3.8%
Business, Pathom Sangwongwanich, Published on 21/03/2015
» The Bank of Thailand yesterday lowered its 2015 economic growth forecast to 3.8% from 4%.
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Stunted growth on political uncertainty
Business, Pathom Sangwongwanich, Published on 13/05/2014
» Thailand's first-quarter GDP is likely to have shrunk by up to 2% from the previous quarter, as the political unrest has added more woe to already-waning domestic consumption and investment, economists say.
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Lending expands by 0.3% in first two months of 2014
Business, Pathom Sangwongwanich, Published on 19/04/2014
» Overall bank lending expanded by a mere 0.3% year-on-year in the first two months of 2014 due to commercial banks tightening loan approvals coupled with the usual lukewarm loan growth early in years of economic slowdown, says a senior Bank of Thailand official.
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Murky outlook from analysts
Business, Pathom Sangwongwanich, Published on 17/01/2014
» The economy is always hurt in times of political unrest, but economists expect limited fallout from the Bangkok shutdown even if it lasts a month.
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BoT: Growth below 4% likely in 2014
Business, Pathom Sangwongwanich, Published on 28/12/2013
» The Bank of Thailand is expected to cut its 2014 growth projection from the current 4% due to uncertainty about the general election and delays in public investment.
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Bank loan growth hits the skids
Business, Pathom Sangwongwanich, Published on 29/10/2013
» Commercial bank loan growth decelerated in September as there was less demand for retail and corporate loans, with domestic investment waning and loan scrutiny tightened, says a senior official at the Bank of Thailand.
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MPC keeps policy rate at 2.5%
Business, Pathom Sangwongwanich, Published on 11/07/2013
» The central bank's Monetary Policy Committee (MPC) kept its policy rate unchanged yesterday at 2.5% to maintain financial stability amid weakening domestic demand and exports plus the global economic slowdown.
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