Showing 61-70 of 90 results
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Appeal for budget watchdog
Business, Pathom Sangwongwanich, Published on 10/04/2014
» A Parliamentary Budget Office (PBO) should be established as an independent organisation amid any political reform measures, as the country must plug loopholes that allow corruption, say academics.
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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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Standard Chartered keeps 3.5% growth forecast for Thailand
Business, Pathom Sangwongwanich, Published on 22/04/2014
» Despite projecting a 1.4% quarter-on-quarter contraction in GDP in the first quarter, Standard Chartered Bank’s annual growth forecast for Thailand remains optimistic at 3.5% on hopes of a recovery in exports.
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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.
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World Bank forecasts GDP growth of 4%
Business, Pathom Sangwongwanich, Published on 12/02/2014
» Thailand’s gross domestic product (GDP) growth is projected at 4% this year on the back of export recovery and continued high foreign direct investment (FDI), but the downside risks to the growth forecast will increase if the political impasse continues into the second half of 2014, says the World Bank.
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Maybank remains upbeat
Business, Pathom Sangwongwanich, Published on 02/04/2014
» Singapore: Malayan Banking Bhd (Maybank), Malaysia’s largest commercial bank, remains optimistic about investing in Thailand with a plan to move forward its investment either through mergers and acquisitions (M&A) or by obtaining a banking licence, says Montree Sornpaisarn, co-chief executive officer at Thailand’s Maybank Kim Eng Securities Plc.
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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.
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BoT warns ruling stokes uncertainty
Business, Pathom Sangwongwanich, Published on 29/03/2014
» Political and economic uncertainty is mounting in the wake of the Constitutional Court's recent ruling that voided the inconclusive Feb 2 general election, says a senior Bank of Thailand official.
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Virtual currencies 'not legal tender'
Business, Pathom Sangwongwanich, Published on 19/03/2014
» The Bank of Thailand has issued a warning against buying virtual currencies including the bitcoin, saying they are not legal tender in the country.
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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.
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