Showing 1 - 10 of 12
Struggle for independence
Business, Post Reporters, Published on 11/11/2024
» The inconsistent viewpoints of the government's fiscal policymakers, led by the Pheu Thai Party, and the monetary policymakers, led by the Bank of Thailand, indicate a clear rift over the past year.
Beware of currency storms
Business, InnovestX Securities, Published on 29/06/2024
» The health of Asian currencies has been making headlines lately. The Japanese yen has depreciated to the lowest in 38 years at 160 to the dollar, leading to reports that the Bank of Japan is signalling moves to reduce liquidity and possibly continue raising interest rates to control inflation and stop the depreciation.
Fetco chief condemns Fed policy of 'misguided' hikes
Business, Nuntawun Polkuamdee, Published on 14/10/2022
» The global economy is on the verge of falling into recession next year as countries have taken the wrong currency management path in response to the US Federal Reserve's aggressive policy rate hikes, a Thai economist warns.
Baht in spotlight after hitting 7-year low
Business, Janine Phakdeetham, Published on 13/07/2022
» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.
Trading thins out ahead of Christmas break
Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 21/12/2019
» Recap: Emerging market equity trading was mostly flat yesterday as volumes thinned ahead of the Christmas holidays, while the Turkish lira firmed after falling for five straight sessions in the wake of worsening relations between Ankara and Washington.
Airlines' price cuts leave tour operators in the lurch
Business, Dusida Worrachaddejchai, Published on 13/07/2019
» The volatile currency and fierce airline competition have led to difficulties for operators managing outbound tour packages.
Hope for US-China trade truce heartens investors
Business, Nuntawun Polkuamdee & Darana Chudasri, Published on 15/09/2018
» Recap: Growing optimism that the US and China might open new trade talks propelled stock markets across the world this week and helped emerging currencies including the Indonesian rupiah and Turkish lira gain more ground.
Veerathai softens the ground for future rate hike decisions
Business, Somruedi Banchongduang, Published on 21/08/2018
» Bank of Thailand governor Veerathai Santiprabhob has reaffirmed that ultra-loose monetary policy is nearing an end, saying rate-setters will consider a suitable time to raise the policy rate after the necessity of accommodative monetary policy has dwindled.
US-China talks offer new hope
Business, Nuntawun Polkuamdee & Darana Chudasri, Published on 18/08/2018
» Recap: Anxiety over Turkey's currency crisis led to outflows from stock markets and currency weakening in many emerging economies. However, optimism later returned amid news that the US and China plan their first trade talks since negotiations broke down two months ago.
KBank: Turkish crisis good for Thai bonds
Business, Darana Chudasri, Published on 16/08/2018
» Turkey's currency crisis may create an opportunity for foreign investors to snap up Thai bonds because Thailand's low inflation supports bond investment returns, says Kasikornbank (KBank).