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Search Result for “Thai economy”

Showing 21 - 26 of 26

ADVANCED NEWS

New tax on bank deposits

Jon Fernquest, Published on 14/02/2012

» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.

ADVANCED NEWS

Who will payoff 1997 crisis debt?

Jon Fernquest, Published on 01/12/2010

» Loan defaults mushroomed in 1997 and the government has to pay it all back now, but the central bank objects that monetary policy is its rightful job.

BUSINESS

Growth quickens on local demand

Bloomberg News, Published on 18/02/2013

» Thailand's economic growth accelerated in the fourth quarter on rising exports and local demand, reducing pressure on the central bank for further interest-rate cuts.

BUSINESS

Baht, bonds set for weekly advance

Bloomberg News, Published on 15/03/2013

» Thailand’s baht was poised for its fourth weekly advance and government bonds rose as global funds boosted holdings of local debt after Fitch Ratings raised its assessment of the Southeast Asian nation.

BUSINESS

Baht near 17-month high

Bloomberg News, Published on 21/01/2013

» Thailand's baht traded near a 17- month high as speculation mounts that the central bank will intervene to halt appreciation that hurts exports.

BUSINESS

Baht high on fund inflows

Bloomberg News, Published on 23/01/2013

» Thailand's baht traded near a 17-month high as overseas investors increased holdings of the country's assets, spurred by an improving outlook for Southeast Asia’s second-largest economy. Government bonds were steady.