Showing 21 - 30 of 163
Baht plunges after Pheu Thai politician made Bank of Thailand chairman
Business, Nareerat Wiriyapong, Published on 14/11/2024
» The baht is on course to slip below the key resistance level of 35 to the US dollar after depreciating sharply since government aide Kittiratt Na-Ranong was named the new Bank of Thailand board chairman, raising doubts over the central bank's autonomy, say analysts.
Bank of Thailand tempers anxiety about chair
Business, Somruedi Banchongduang and Nareerat Wiriyapong, Published on 13/11/2024
» Satit Limpongpan, chairman of the selection committee tasked with choosing the new board chairman of the Bank of Thailand, has confirmed the position will not have any influence on the central bank's monetary policy.
MTL co-invests in senior living developer, service provider
Business, Kanana Katharangsiporn, Published on 13/11/2024
» Muang Thai Life Assurance Plc (MTL) has co-invested in Naya Residence and LivWell Living, a developer and service provider of senior living properties, to expand its portfolio and capitalise on Thailand's transition into a super-aged society.
Panel picks new Bank of Thailand board chief
Business, Somruedi Banchongduang and Nareerat Wiriyapong, Published on 12/11/2024
» The selection committee tasked with selecting the new board chairman of the Bank of Thailand (BoT) has finalised the nomination for the position, without providing the name of the candidate selected.
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.
Asian investors await China stimulus news
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 09/11/2024
» RECAP: Asian equities pared an earlier advance yesterday as investors awaited the outcome of a key legislature meeting in China that is expected to approve more policy support to boost flagging growth.
Snags hamper bid to select Bank of Thailand chair
Business, Somruedi Banchongduang & Wichit Chantanusornsiri, Published on 05/11/2024
» The selection committee tasked with selecting a new board chairman of the Bank of Thailand has postponed its planned meeting until next Monday, while Kittiratt Na-Ranong, a former commerce minister, is likely to be removed as a candidate following strong opposition from various sectors.
Traders cautious amid mixed signals from China
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 19/10/2024
» RECAP: Asian stocks traded cautiously on Friday after mixed readings on the health of China's economy. The dollar traded close to an 11-week high as robust US economic data suggested the Federal Reserve need not cut interest rates too aggressively.
BoT chairman may be decided next month
Business, Somruedi BanchongduangWichit ChantanusornsiriPhusadee Arunmas, Published on 16/10/2024
» The new board chairman of the Bank of Thailand could be selected next month, with a second meeting of the selection committee scheduled for Nov 4, according to a committee member who requested anonymity.
Shares rise as US data points to more rate cuts
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 12/10/2024
» RECAP: Stocks in the region rose after slightly weaker US labour data reinforced the belief that the Federal Reserve will continue to cut interest rates in November.