Showing 31 - 40 of 52
Policy rate set to stay unchanged
Business, Pathom Sangwongwanich, Published on 29/07/2014
» The central bank is likely to keep Thailand's policy interest rate unchanged tomorrow as the economy improves, say economists.
Fed sparks weaker baht
Business, Pathom Sangwongwanich, Published on 21/03/2014
» The recent weakening of the baht is in line with regional currencies’ depreciating trend following the US Federal Reserve’s efforts to taper its monetary stimulus programme, says a senior Bank of Thailand official.
Former finance minister sees light at the end of the tunnel
Business, Pathom Sangwongwanich, Published on 08/04/2014
» Despite concerns that economic growth may nosedive in the wake of prolonged political turmoil, former finance minister and former Bank of Thailand deputy governor Thirachai Phuvanatnaranubala believes the conflict will come to an end in the coming months, private investment and domestic consumption will rebound swiftly and economic growth could expand beyond 2.7%. Pathom Sangwongwanich talked to Mr Thirachai.
Interest rate change unlikely
Business, Pathom Sangwongwanich, Published on 17/04/2014
» Economists agree the Bank of Thailand is unlikely to change its policy interest rate at next Wednesday's meeting.
BoT: Baht just fine
Business, Pathom Sangwongwanich, Published on 28/03/2014
» Though the baht is weakening, the currency movement is in line with regional currency depreciation because of external factors prompting foreign investors to shift capital from emerging markets, says a senior Bank of Thailand official.
Central bank cuts GDP growth projection to 2.7%
Business, Pathom Sangwongwanich, Published on 22/03/2014
» The Bank of Thailand has cut this year’s gross domestic product (GDP) growth projection to 2.7% due to greater downside risks to the economy but remains optimistic that exports can help to alleviate the current downturn.
BoT: Capital outflows not excessive
Business, Pathom Sangwongwanich, Published on 30/01/2014
» Capital outflows from Thailand's financial market are not expected to be excessive given the financial market has already priced in the impact of the US Federal Reserve's monetary stimulus tapering, says a senior Bank of Thailand official.
BoT: Policy interest rate will remain low for now
Business, Pathom Sangwongwanich, Published on 13/02/2014
» The central bank’s policy interest rate is expected to remain at a low level in the short term to accommodate economic growth during an expected slow recovery.
Baht forecast to close 2013 at 32
Business, Pathom Sangwongwanich, Published on 25/11/2013
» The baht will likely weaken to 32 to the US dollar by year-end, hurt by gloomy sentiment on fears of continued domestic politic unrest.
Political turmoil threatens growth
Business, Pathom Sangwongwanich, Published on 03/01/2014
» Economists agree political uncertainty is increasing the odds that Thailand's economic expansion will be no more than 4% this year, although exports are expected to gain momentum and help to cushion some downside risks.