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Search Result for “baht currency”

Showing 91 - 100 of 3,647

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GENERAL

PM Srettha wants fiscal, monetary policies to work in tandem

Published on 05/02/2024

» Prime Minister Srettha Thavisin and other senior ministers called for coordinated fiscal and monetary policy moves to pull Thailand’s economy out of a spiral of negative inflation and weak growth.

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GENERAL

Yuan loans likely to rise for Thai firms

Business, Somruedi Banchongduang, Published on 03/02/2024

» HSBC Thailand expects higher demand for yuan borrowing from large Thai corporates, in line with positive growth of cross-border trade and investment between Thailand, China and Hong Kong.

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GENERAL

Government unveils plan to invigorate cross-border trade

Business, Phusadee Arunmas, Published on 02/02/2024

» The government set a goal of reviving cross-border trade including transit trade this year after the value contracted by 2.6% in 2023 from the previous year to 1.7 trillion baht.

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GENERAL

Student Loan Fund's bad debts set to gradually ease

Business, Wichit Chantanusornsiri, Published on 01/02/2024

» The Student Loan Fund's (SLF) bad debts, tallying 100 billion baht, should gradually reduce after the fund adjusts the calculation method for debt repayment, says fund manager Chainarong Kajchapanan.

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GENERAL

Headwinds blow on Thai lenders amid interest rate row

Published on 31/01/2024

» The escalating tug-of-war between politicians and central bankers over interest-rate levels is clouding the outlook for local banks, setting the stage for a further exodus by foreign investors.

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GENERAL

Baht strengthens as Fed expected to stay put

Business, Somruedi Banchongduang, Published on 31/01/2024

» The baht gained against the softening US dollar as some investors expect the US Federal Reserve to maintain its policy rate at its meeting scheduled for this week.

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OPINION

China, India: 2 faces of liquidity

News, Andy Mukherjee, Published on 31/01/2024

» Lenders in the world's two most populous nations are having very different problems with monetary and fiscal taps. In China, creditors are drowning in cheap central bank cash, but loan demand is muted. In India, banks are in the middle of their fastest expansion in a decade, but they're parched for liquidity.

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THAILAND

Myanmar tycoon cleared of drug and laundering charges

Online Reporters, Published on 30/01/2024

» The Criminal Court has acquitted Myanmar tycoon Tun Min Latt, a son-in-law of Senator Upakit Pachirangkun and three others of drug trafficking, money laundering and other charges, saying the evidence gathered by police was insufficient to show wrongdoing.

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GENERAL

Ministry preps government savings bonds

Business, Wichit Chantanusornsiri, Published on 30/01/2024

» The Finance Ministry is planning to issue government savings bonds worth 40 billion baht within March to roll over the government's debt burden, says Deputy Finance Minister Julapun Amornvivat.

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GENERAL

Baht seen extending losses after dismal start to 2024

Published on 29/01/2024

» Thailand’s baht is set for its worst January since 2020 with a loss of nearly 4% versus the dollar, and heavy outflows signal more pain ahead for the currency.