Showing 31-40 of 106 results
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EIC cuts GDP view to 3.8%
Business, Somruedi Banchongduang, Published on 09/01/2019
» Siam Commercial Bank's Economic Intelligence Center (EIC) is less bullish than before about the economic outlook in 2019, downgrading its GDP growth forecast to 3.8% amid increasing uncertainty on the domestic and overseas fronts.
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BoT warns dust will soon hit tourism
Business, Somruedi Banchongduang, Published on 01/02/2019
» Even though the persistent toxic haze caused by ultra-fine dust particles shrouding Bangkok and its vicinity has not yet taken a toll on the tourism sector, an impact is inevitable if the pollution is prolonged, says a senior official at the central bank.
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BoT holds off on second rate hike
Business, Somruedi Banchongduang, Published on 07/02/2019
» Rising anxiety over swelling household debt has prompted the Bank of Thailand's rate-setting committee to pause hikes Wednesday after December's tightening, which was meant to ward off potential financial stability risks.
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Weaker exports dampen Q1 growth
Business, Somruedi Banchongduang, Published on 01/05/2019
» The Bank of Thailand has predicted economic growth for the first quarter could fall short of its 3.4% projection as exports during the period were weaker than expected, a senior official says.
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Bank of Thailand sees export contraction in Q2
Business, Somruedi Banchongduang, Published on 29/06/2019
» The Bank of Thailand has grown more pessimistic, reckoning that the export contraction will extend into the second quarter because of intensifying trade tension between the US and China.
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Is a rebound in sight?
Business, Somruedi Banchongduang, Published on 31/08/2019
» The Thai economy and exports have bottomed out and can start to rebound, but US-China retaliatory tariffs remain a risk factor and warrant close attention, according to a senior official from the Bank of Thailand.
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KBank steps in with B4.6bn buyback as shares sink
Business, Somruedi Banchongduang, Published on 31/01/2020
» Kasikornbank (KBank) has launched a hefty 4.6-billion-baht share buyback to shore up share prices that have slid more than 10% in less than a month.
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Bank of Thailand expects weaker economy in Q1
Business, Somruedi Banchongduang, Published on 01/02/2020
» The spread of the new coronavirus strain and the delay in the fiscal 2020 budget bill will dampen the economy, which will grow at a softer pace than expected in the first quarter and the full year, adding to the likelihood of a policy rate cut at next week's meeting, says a key central bank official.
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TMB cites triple whammy to GDP
Business, Somruedi Banchongduang, Published on 06/02/2020
» The coronavirus epidemic, the delayed fiscal budget and the ongoing drought are estimated to shave nearly 280 billion baht off GDP, taking economic growth down to a range of 1.7-2.1%, according to TMB Analytics.
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BoT warns of GDP growth below 1%
Business, Somruedi Banchongduang, Published on 29/02/2020
» The Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official.
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