Showing 1 - 10 of 131
Asset warehouse idea to win BoT nod
Business, Somruedi Banchongduang and Pathom Sangwongwanich, Published on 20/02/2021
» The Bank of Thailand has approved in principle commercial banks setting up a bank-owned asset warehouse to freeze non-performing assets (NPAs) in the hospitality sector, according to a banking industry source.
Pressing the mute button
Business, Wichit Chantanusornsiri, Pathom Sangwongwanich and Suchit Leesa-Nguansuk, Published on 07/12/2020
» The fast-approaching Christmas and New Year celebrations are supposed to ignite a sense of joy among the public, but such enthusiasm has long been curbed by the pandemic crisis that has sunk economies and hopes around the globe.
Jury still out on BoT measures
Business, Pathom Sangwongwanich, Somruedi Banchongduang and Darana Chudasri, Published on 30/11/2020
» The strengthening of the value of the baht is putting the Bank of Thailand in the hot seat again as an influx of offshore fund flows move into emerging market economies, spelling trouble for the export-reliant country.
Trade nailbiter
Business, Phusadee Arunmas, Lamonphet Apisitniran and Pathom Sangwongwanich, Published on 02/11/2020
» A lot is at stake on Nov 3 when all eyes will be fixed on the poll results of the US presidential election, which could greatly impact the world over the next four years.
Arkhom hailed into cabinet
Business, Phusadee Arunmas, Somruedi Banchongduang and Pathom Sangwongwanich, Published on 06/10/2020
» Monday's appointment of Arkhom Termpittayapaisith, the former transport minister, as the new finance minister has received blanket praise from business and academic circles, lauding the appointment as bringing much needed stability with the recent chaos surrounding the ministry.
World Bank sees 10.4% contraction
Business, Darana Chudasri & Pathom Sangwongwanich, Published on 30/09/2020
» Thailand's economy could contract by as much as 10.4% this year as trade and tourism are severely dampened by Covid-19, with the ongoing drought and floods adding to the woes, says the World Bank.
Investor confidence plunges amid rising political unrest
Nuntawun Polkuamdee and Pathom Sangwongwanich, Published on 14/09/2020
» Investor confidence in Thailand for the three months to November has sunk into bear territory amid a sluggish economic recovery and flaring domestic political tensions.
Predee's resignation will not affect confidence, says SET
Business, Nuntawun Polkuamdee & Pathom Sangwongwanich, Published on 03/09/2020
» The finance minister's resignation will not affect investor confidence much as external factors outweigh domestic politics, says the Stock Exchange of Thailand (SET).
Predee bombshell hits baht trading
Business, Pathom Sangwongwanich & Somruedi Banchongduang, Published on 02/09/2020
» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.
BoT not planning big change after Fed policy shift
Pathom Sangwongwanich and Reuters, Published on 28/08/2020
» The Bank of Thailand is not looking to make a big change to its already flexible inflation targeting framework after a landmark policy shift by the US Federal Reserve, governor Veerathai Santiprabhob said on Friday.