Showing 1 - 10 of 13
China scraps loan-to-deposit ratio cap
AFP, Published on 29/08/2015
» BEIJING — China on Saturday scrapped a two-decade limit on the percentage of funds banks can lend out relative to deposits, state media reported.
Gold prices rise B100 to B19,250
Online Reporters, Published on 29/08/2015
» Gold prices climbed 100 baht per baht-weight in Bangkok on Saturday.
China fears keep markets on edge as stocks rally
AFP, Published on 29/08/2015
» NEW YORK - Top global markets ended the week Friday largely recovered from China-induced panic selling, but market watchers remain worried the turmoil in the world's number two economy will drag down global growth.
Fed's Fischer: 'haven't made decision yet' on rate rise
AFP, Published on 29/08/2015
» WASHINGTON - Federal Reserve Vice Chair Stanley Fischer said Friday that the door remains open for the Fed to lift interest rates next month, after a week of China-sparked global markets turmoil.
FPO: Stimulus set to drive growth
Business, Wichit Chantanusornsiri, Published on 29/08/2015
» The three measures in the new economic stimulus package worth a combined 110 billion baht are expected to contribute an additional 0.4% to economic growth this year.
Five make early play for 4G licences
Business, Komsan Tortermvasana, Published on 29/08/2015
» Five companies picked up bidding documents yesterday for the 1800-megahertz spectrum auctions from the telecom regulator on the first day they became available.
Correction
Business, Published on 29/08/2015
» The story entitled "Baht-ringgit liberalisation takes shape", published on Page B2 of yesterday's Business section, incorrectly said: "Thailand had a trade surplus of US$18.5 trillion with Malaysia in 2014." In fact, the trade surplus was $18.5 million. We regret the error.
Mitsubishi Electric opens B400m innovation facility
Business, Published on 29/08/2015
» Mitsubishi Electric Kang Yong Watana Co, local maker of Mitsubishi air conditioners and home appliances, has opened a 400-million-baht innovation centre on Krungthep Kritha Road in Bangkok.
New TAT boss bullish on arrivals
Business, Chadamas Chinmaneevong, Published on 29/08/2015
» The new head of the Tourism Authority of Thailand (TAT) expects 10 million visitor arrivals in the remainder of this year.
Central bank will weaken baht
Business, Pathom Sangwongwanich, Published on 29/08/2015
» With the Bank of Thailand’s policy space approaching its limit, plans are being formulated to weaken the baht’s value by relaxing curbs on capital outflows to promote international investment.