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BUSINESS

Bad loans still vexing SMEs

Business, Pawee Sirimai, Published on 15/07/2017

» Soured small and medium-sized enterprise (SME) loans show no sign of declining as a lack of competitive edge and uneven economic recovery hinder debt-servicing ability, says a senior Bank of Thailand official.

BUSINESS

UOB predicts Chinese uptick

Business, Pawee Sirimai, Published on 13/07/2017

» Chinese direct investment into Thailand will continue to pick up, supported by current infrastructure investment and Xi Jinping's Belt and Road initiative, says United Oversea Bank (UOB).

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BUSINESS

Apisak aims to allay fears over currency

Business, Pawee Sirimai, Published on 21/07/2017

» The economic recovery remains resilient in the face of the stronger baht, with large firms able to handle the situation, says Finance Minister Apisak Tantivorawong.

BUSINESS

KTB warns over potential debt default rise

Business, Pawee Sirimai, Published on 20/07/2017

» Defaults of debt instruments are expected to keep rising as the fixed-income market enters the early stages of tightening from rising interest rates amid tepid appetite for such notes, says the head of KTB Securities Thailand (KTBST).

BUSINESS

Household income fall feared

Business, Pawee Sirimai, Published on 18/07/2017

» The Siam Commercial Bank's Economic Intelligence Center (EIC) has expressed concerns that household spending will run out of steam with the decline in commodity prices, posing a risk to economic growth.

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BUSINESS

Baht's sharp rise on BoT radar

Business, Pawee Sirimai, Published on 26/07/2017

» The Bank of Thailand has acknowledged the baht's rapid climb against the US dollar recently, a movement that it says warrants close monitoring.

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BUSINESS

Escaping the debt trap

Business, Pawee Sirimai, Published on 24/07/2017

» People with more debt payment to make monthly than what they can afford could easily get into a deeper hole without proper help and planning.

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BUSINESS

Warning over labour act risks

Business, Pawee Sirimai, Published on 25/07/2017

» An executive decree to regulate the employment of migrant workers and potential delays in the government's big-ticket infrastructure investment could drag on Thailand's economic growth momentum in the second half, economists caution.

BUSINESS

Growth expected to hold steady

Business, Pawee Sirimai, Published on 01/08/2017

» Economic growth in the second quarter is expected to be close to the first quarter's reading of 3.3% and accelerate to 3.7% in the second half, says a senior Bank of Thailand official.

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BUSINESS

BoT losses taper off

Business, Pawee Sirimai, Published on 27/05/2017

» The Bank of Thailand's net loss narrowed by 9% to 80.8 billion baht in 2016, with the central bank saying its accumulated losses would not affect operations.