Showing 1 - 7 of 7
MPC minutes cite threats
Business, Somruedi Banchongduang, Published on 23/05/2019
» Heightened political uncertainty after the March 24 general election and the trade spat between the US and China are darkening Thailand's economic prospects this year, according to the central bank's minutes from the latest meeting.
BoT: Labour to curb GDP
Business, Somruedi Banchongduang, Published on 16/08/2018
» The Bank of Thailand forecasts that Thailand's ageing demography will dampen the country's annual GDP growth by 1.5 percentage points over the next 10 years. Thailand's labour growth rate averaged 5% over the past 10 years, but such growth is expected to decline to 3.5% a year in the next decade, said Don Nakornthab, senior director of the economic and policy department.
Political turmoil blamed for GDP losses
Business, Somruedi Banchongduang, Published on 28/08/2018
» Thailand's political uncertainty over the past 20 years took a toll on the country's economic growth, shaving off 0.4 percentage points per year on average and depressing growth below its potential, according to a joint survey by the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier).
BoT 'suppressed baht' to bolster exports: KBank
Business, Somruedi Banchongduang, Published on 14/07/2017
» The Bank of Thailand intervened in the currency market last week in what was believed to be an attempt to prevent the baht strengthening so as to stop export recovery momentum stalling, according to a senior official at Kasikornbank (KBank).
BoT chief asks for political transparency
News, Somruedi Banchongduang, Published on 24/05/2014
» Central bank governor Prasarn Trairatvorakul on Friday urged the future administration, when it is formed, to generate a better understanding of the political crisis, which holds the key to positively influencing the economic sector.
Politics a headache for SMEs
Business, Somruedi Banchongduang, Published on 25/02/2014
» Confidence among small and medium-sized enterprises (SMEs) fell below the 50-point threshold last month, largely on concern over political uncertainty and the lacklustre economy.
BoT governor raises alarm over rising personal debts
News, Somruedi Banchongduang, Published on 05/12/2012
» Bank of Thailand (BoT) governor Prasarn Trairatvorakul has expressed concern over the rising levels of personal loans and household debts.