Showing 91-100 of 106 results
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EIC increases inflation projection to 6.1%
Business, Somruedi Banchongduang, Published on 14/09/2022
» The Economic Intelligence Center (EIC), a research house under Siam Commercial Bank, has upgraded its inflation rate projection for this year to higher than 6% before falling to the near the Bank of Thailand's target range next year.
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BoT maintains reserves remain solid
Business, Somruedi Banchongduang, Published on 16/09/2022
» The stronger dollar has weakened the Bank of Thailand's international reserves, but the central bank says the country's external position and financial stability remain strong.
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Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
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Global financial markets face more uncertainties in 2023
Business, Somruedi Banchongduang, Published on 17/12/2022
» Financial markets worldwide face higher uncertainties next year because of the tight monetary policies of key central banks and decelerating global economic growth in 2023, says Bank of Thailand governor Sethaput Suthiwartnarueput.
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Rising rates sustain gains in banks' profits
Business, Somruedi Banchongduang, Published on 23/01/2023
» The trend of rising interest rates supported net profit growth among Thai banks last year, while the banking industry saw strong demand for loans in line with the country's economic recovery.
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MPC expected to hike policy rate further
Business, Somruedi Banchongduang, Published on 27/01/2023
» Economists forecast the Bank of Thailand's terminal policy rate will be in the range of 1.75% to 2.5% for this cycle of rate hikes.
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Alipay predicts jump in mobile payments
Business, Somruedi Banchongduang, Published on 21/02/2023
» Alipay Thailand expects mobile payments made by Chinese travellers in Thailand to surge this year thanks to China's reopening.
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Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
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Coalition delays seen as threat to growth
Business, Somruedi Banchongduang, Published on 08/06/2023
» The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.
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Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
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