Tags Posts tagged with "Bank of Thailand"

Bank of Thailand

Thailand’s inflation hits 14-month high

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Thailand's consumer-price index continued an upward trend in May to reach its highest level in 14 months. Inflation rose 2.62 per cent in May,...
Japan “gravely concerned” about developments in Thailand

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Thailand's biggest investor, Japan, expressed "grave concerns" after the Thai army imposed martial law on May 20. After several months of anti-government protests, generals...
ADB warns Thailand to change politics, address debt

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The Asian Development Bank (ADB) has suggested that once Thailand has a permanent government in place, it should drop its populist policies as a...
Thailand could face recession in first half of 2014

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Thailand's first-half economic growth in 2014 may stagnate or decline from last year's fourth quarter on the slowdown in domestic economic activity, says a...
Thailand cuts 2014 growth forecast to 2.6% from 4%

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Thailand's Finance Ministry sharply cut its growth forecast for 2014, citing the spillover effects from months of political unrest. The country's economy is projected...
Thailand’s GDP growth drops to 0.6%

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Data released by the Thai authorities on March 3 showed that the country's economy grew just 0.6 per cent in the final quarter of...
Thailand: New government desperately needed

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Even after the Bangkok shutdown has shut down, Thailand's economic outlook remains challenging if a new government cannot be formed by midyear and the...
Thai ex-finance minister harshly attacks government (see full letter)

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Thailand's ex-finance minister, ex-foreign minister and former head of the Bank of Thailand, Pridiyathorn Devakula, in an open letter issued on February 6 to...
Bangkok businesses feel the heat

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While most private businesses in Bangkok continued to operate while anti-government protesters began their "shutdown" campaign in several areas of the city on January...
Bleak outlook for Thai economy

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The political tensions in Thailand are taking their toll on the economy. While tourism arrivals dropped 15 per cent from November 2013, Bank of...
Thailand’s struggle with Islamic finance

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Islamic finance has not taken off yet in Thailand despite the country's only Islamic lender, state-owned Islamic Bank of Thailand, or iBank, is trying...
Thai baht drops amid new protests

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Thailand's baht dropped to a seven-week low and bonds fell as anti-government protests sparked by an amnesty bill dim the outlook for the economy...
Thailand sees recovery in 4th quarter

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Thailand's economic growth in the fourth quarter of 2013 is expected to improve after the third quarter showed signs of recovery on the back...
Bank of Thailand slashes growth outlook

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The Bank of Thailand said risks to financial stability, including high levels of household debt, have reduced the scope for further monetary easing, even...
Thailand sets maximum rate for microfinance at 36%

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Thailand's ministry of finance has set the lending rate for its upcoming microfinance programme at36 per cent annually or 3 per cent monthly, The...
Japanese banks eager to enter Thailand

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Japanese banks are seeking permits to set up representative offices in Thailand in response to the surge in small and medium-sized enterprises (SME) from...
HSBC slashes Thailand’s growth outlook

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Banking giant HSBC has cut its expansion forecasts for Thailand to 2.8 per cent this year and 4.4 per cent in 2014 after sluggish...
Thailand to raise $21b through government bonds

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The Thai government plans to raise more than 700 billion baht ($21 billion) in 2014, mainly by issuing bonds, Chularat Suteethorn, director-general of the...