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BUSINESS

Fitch: Public debt commitment key

Business, Parista Yuthamanop, Published on 19/03/2013

» The upgrade of Thailand's credit rating reflects the government's clearer stance of keeping the public debt target by reducing money spent on either the rice subsidy programme or government official welfare, says Fitch Ratings.

BUSINESS

TDRI: Make foreigners hedge

Business, Parista Yuthamanop, Published on 11/05/2013

» Authorities should use capital flow management to address baht appreciation rather than wait for an interest rate cut by the Monetary Policy Committee (MPC), because foreign capital inflows are going to persist, says Ammar Siamwalla, an economist at the Thailand Development Research Institute.

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BUSINESS

Graft crusaders on alert

Business, Parista Yuthamanop, Published on 11/05/2013

» The private sector will boost its role in observing the government's 2-trillion-baht infrastructure investment in a bid to to detect any corruption.

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BUSINESS

Authorities play it cool

Business, Parista Yuthamanop, Published on 22/03/2013

» The Bank of Thailand and the Finance Ministry have shown great tolerance for the surge in the baht, which yesterday touched 29.09 to the US dollar, yet another post-1997 high.

BUSINESS

TDRI pinpoints government budget borrowing loopholes

Business, Parista Yuthamanop, Published on 26/03/2013

» The existing fiscal regulations have loopholes that might allow the government to create excessive debts, say Thailand Development Research Institute's economists.

BUSINESS

Bond market chief sees no need for rate cut

Business, Parista Yuthamanop, Published on 27/03/2013

» The Monetary Policy Committee may not need to cut the policy interest rate after all even though an influx of speculative foreign funds has caused volatility and the baht appreciation, according to the Thai Bond Market Association (TBMA).

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BUSINESS

BoT blames short month for contraction

Business, Parista Yuthamanop, Published on 30/03/2013

» Fewer working days in February resulted in a temporary drop in domestic spending, exports and manufacturing during the month, says the Bank of Thailand.

BUSINESS

BoT demands clarity on zero-interest mortgages

Business, Parista Yuthamanop, Published on 03/04/2013

» The Bank of Thailand has asked banks to clarify the interest burden on its proliferated zero-interest mortgage campaigns to customers.

BUSINESS

Spillover of Cyprus shock warned

Business, Parista Yuthamanop, Published on 03/04/2013

» The confidence shock in Cyprus could soon spill over to other economies and threaten the euro zone's recovery, says a senior economist at the Institute of International Finance (IIF).

BUSINESS

Government's 2-trillion-baht spending bill slated for August

Business, Parista Yuthamanop, Published on 02/04/2013

» The Finance Ministry expects a bill empowering the government to borrow 2 trillion baht over the next seven years for infrastructure projects will take effect by August, barring delays for judicial challenges.