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UOB slashes GDP growth to 2.4%
Business, Nareerat Wiriyapong, Published on 09/05/2024
» Singapore-based United Overseas Bank (UOB) is preparing to downgrade Thailand's GDP growth forecast this year to 2.4% from 2.8%, though it expects the Bank of Thailand to trim interest rates twice to 2% by year-end to prop up the economy.
Asean ready to take on market volatility
Business, Nuntawun Polkuamdee, Published on 10/01/2023
» Major Asean economies should be able to survive volatile market swings in 2023 following similar turmoil last year thanks to the region's strong fundamentals, says Singapore-based United Overseas Bank (UOB).