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GENERAL

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

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OPINION

Will India be a new economic superpower?

Oped, Published on 11/08/2023

» In March 1985, the Wall Street Journal showered India's new prime minister, Rajiv Gandhi, with its highest praise. In an editorial titled "Rajiv Reagan", the newspaper compared the 40-year-old Gandhi to "another famous tax cutter we know", and declared that deregulation and tax cuts had triggered a "minor revolution" in India.

BUSINESS

Global financial markets face more uncertainties in 2023

Business, Somruedi Banchongduang, Published on 17/12/2022

» Financial markets worldwide face higher uncertainties next year because of the tight monetary policies of key central banks and decelerating global economic growth in 2023, says Bank of Thailand governor Sethaput Suthiwartnarueput.

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BUSINESS

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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BUSINESS

Frontier markets fret

Asia focus, Published on 20/06/2022

» 2022 has been another challenging year for Asian frontier markets against the backdrop of a recovery from the protracted coronavirus pandemic. The challenges have been magnified by the impact of the Ukraine-Russia conflict, and high commodity prices that are exacerbating inflationary pressures, even as global demand for manufactured goods remains weak.

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BUSINESS

Economic outlooks diverging in second quarter

Business, Published on 24/04/2021

» It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers' indices and labour market indicators, show good signs of revival.

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BUSINESS

The way forward for investors

Business, Published on 03/03/2021

» The year 2020 was one that many wish to forget -- a year that saw economies, businesses, communities and individuals affected by a global pandemic. Countries went into lockdown and we had to adapt to very different ways of living and working.

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OPINION

Science has delivered, will the WTO?

News, Published on 14/01/2021

» A proposal by India, South Africa and eight other countries calls on the World Trade Organisation (WTO) to exempt member countries from enforcing some patents, and other Intellectual Property (IP) rights under the organisation's Agreement on Trade-Related Aspects of Intellectual Property Rights, known as Trips, for a limited period of time. It is to ensure that IPRs do not restrict the rapid scaling-up of manufacturing of Covid-19 vaccines and treatments. While a few members have raised concerns about the proposal, a large proportion of WTO members support the proposal. It has also received the backing of various international organisations, multilateral agencies and global civil society.

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WORLD

Markets rise as deaths slow in hotspots: Virus update

Published on 06/04/2020

» Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak.

BUSINESS

The dilemma of central banking

Business, Published on 28/01/2020

» Low interest rates -- both nominal and real -- have been a persistent feature of advanced economies since the 1980s. How long, many now wonder, can the trend last?