Showing 81 - 90 of 126
BoT seen cutting rates in H2, 2024
Business, Nareerat Wiriyapong, Published on 05/12/2023
» The Bank of Thailand is projected to start cutting interest rates in the second half of 2024, in line with similar moves by the US Federal Reserve, say analysts, as the domestic economy needs more support to drive growth next year.
Analysts downgrade forecasts for 2024 arrivals
Business, Nareerat Wiriyapong, Published on 29/11/2023
» The Tourism Authority of Thailand's (TAT) target of 8.2 million Chinese arrivals in 2024 is "quite challenging", say analysts, as they cut their forecasts for total foreign arrivals next year amid a weak global economy.
Analysts downgrade Thai GDP growth outlook for 2023
Business, Nareerat Wiriyapong, Published on 22/11/2023
» Analysts have downgraded Thailand's economic growth forecast for 2023 after data indicated a much lower third-quarter GDP expansion than expected while there are uncertainties surrounding the controversial digital wallet policy.
Two stimulus schemes could face hurdles
Business, Nareerat Wiriyapong, Published on 15/11/2023
» Legal and funding challenges could derail or significantly scale down implementation of the costly digital wallet and e-refund schemes the government plans to roll out next year, blunting GDP growth estimates for 2024, according to analysts.
Baht declines as investors baulk at lack of fiscal discipline
Business, Nareerat Wiriyapong, Published on 13/11/2023
» The baht weakened to below 36 to the dollar on Monday as renewed concerns surfaced over Thailand’s fiscal discipline, following the government’s announcement on its digital wallet scheme on Friday, leading to outflows from Thai bond and stock markets, according to analysts.
Analysts consider deflation risks
Business, Nareerat Wiriyapong, Published on 08/11/2023
» Analysts are expressing concerns about Thailand's first year-on-year decline in inflation in 25 months, saying the dip in the consumer price index (CPI) reflects growing risks of an economic slowdown and deflation.
Baht hits two-month high
Business, Nareerat Wiriyapong, Published on 07/11/2023
» The baht traded at a two-month high on Monday and is expected to remain strong until year-end as the market considers whether the Federal Reserve might cut interest rates sooner than previously forecast in 2024, say analysts.
Warning over Thailand's finances
Business, Nareerat Wiriyapong, Published on 04/11/2023
» Analysts are expressing concerns over Thailand's fiscal position, saying figures are likely to deteriorate in the medium term as the government pushes through populist policies such as the digital wallet scheme.
Thai stocks could face further losses
Business, Nareerat Wiriyapong, Published on 02/11/2023
» A possible delay to the costly digital wallet scheme and a slower than expected tourism recovery could dampen sentiment in the Thai stock market this month after the index contracted 6.1% in October and is down 17.2% year-to-date, say analysts.
Baht likely to climb higher if Fed disappoints on rates
Business, Nareerat Wiriyapong, Published on 01/11/2023
» The baht, which traded at a six-week high of 35.86 to the United States dollar on Tuesday morning, is likely to appreciate further if the Federal Reserve fails to produce a clear statement about US interest rate trends at its meeting this week, say analysts.