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BUSINESS

Thailand eyes new rice sales in push to 11m-tonne target

Reuters, Published on 02/11/2018

» A weaker baht pushed rice export prices in Thailand lower this week, although there were expectations of new deals with the Philippines and China, while rates in India languished at the 21-month lows hit last week due to sluggish demand.

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BUSINESS

BoT seen holding key rate, but hike possible before year-end

Reuters, Published on 17/09/2018

» Thailand's central bank is expected to yet again leave its key interest rate near record lows on Wednesday as it focuses on supporting growth as inflation remains benign, but analysts say policy tightening could be on the cards before year-end.

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BUSINESS

Central bank holds rates but growing vote split hints at hike soon

Reuters, Published on 19/09/2018

» Thailand's central bank held its benchmark interest rate steady on Wednesday as widely expected, but a growing split among board members reinforced views that it may soon start tightening policy for the first time in years.

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BUSINESS

Monetary policy to remain accommodative: BoT chief

Reuters, Published on 24/09/2018

» Thailand's monetary policy will remain accommodative in the medium term and any rate increases will not be continuous, the central bank said on Monday.

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BUSINESS

August factory output rises 0.7% y-o-y, below forecast

Reuters, Published on 25/09/2018

» Thailand's manufacturing production index (MPI) in August rose 0.66% from a year earlier, led by higher production of electronics, sugar, air conditioners and petroleum, the Industry Ministry said on Tuesday.

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BUSINESS

UBS: HK sits atop property bubble, Chicago is a steal

Reuters, Published on 27/09/2018

» ZURICH: Hong Kong has the most overvalued housing market while Chicago offers bargains, a study by Swiss bank UBS has found, suggesting real estate prices in most big cities remain too high, even though they've slipped lately.

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BUSINESS

Infrastructure fund prices IPO shares at 10 baht

Reuters, Published on 27/09/2018

» The Thailand Future Fund, a government infrastructure fund, priced shares for its initial public offer at 10 baht per share, it said in a security filing on Thursday.

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BUSINESS

Sugar, sugarcane output set to fall

Reuters, Published on 04/10/2018

» NEW YORK: Thai sugar and sugarcane production are forecast to decline in 2018-19 as consumption wanes and non-alcoholic beverage makers use less sugar after the nation passed a tax on sugary drinks, the US Department of Agriculture (USDA) said.

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BUSINESS

Central bank imposes mortgage curbs

Reuters, Published on 04/10/2018

» The Bank of Thailand, concerned about the number of property loans going bad, said on Thursday it will require buyers of homes worth more than 10 million baht and of second homes to make down payments of at least 20%.

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BUSINESS

Asian stocks slump to 14-mth low on US-China trade row

Reuters, Published on 10/09/2018

» SYDNEY: A sell-off in Chinese shares pulled Asian equities to a 14-month trough on Monday as investors braced for a potentially damaging escalation in the Sino-US tariff row after US President Donald Trump raised the stakes in the dispute with Beijing.