Tags Posts tagged with "Bank of Thailand"

Bank of Thailand

Southeast Asia in the stranglehold of capital outflows

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What is currently happening in Southeast Asia’s economies needs closer attention. It seems that the major nations have hit a speed bump in their...
Thailand: Everything slows down, except tourism

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Thailand's central bank on August 30 reported a lacklustre GDP growth of just 2.8 per cent in the second quarter of 2013 on the...
Thailand mulls sovereign wealth fund

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Thailand is again weighing the idea of establishing a sovereign wealth fund from its surplus foreign reserves, a concept that has been mulled for...
Thailand’s growth beginning to falter

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Economic growth in Thailand slowed for a second quarter as exports cooled and local demand weakened, the National Economic and Social Development Board said...
Thai protests could trim GDP growth by 0.5 percentage points

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If anti-government protests and political instability in Thailand continue, GDP growth of the country could be seriously threatened, the Economic and Business Forecasting Center...
Thailand’s growth ‘not as good as expected’

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Mainly home-made problems are  the reason that Thailand's GDP growth could fall below 4 per cent this year, a prediction that the country's Ministry...
Thailand first country to ban digital currency Bitcoin

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Thailand has banned the global peer-to-peer payment network Bitcoin after the country's central bank decided that Bitcoin "is not a currency". Bitcoin said on its...
ASEAN currencies in defence position benefit investors

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The sudden weakness of Southeast Asian currencies, which last month retreated the most in a year after a series of fiscal measures in the...
Exploding Thai household debts a growing concern

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The Bank of Thailand on June 15 issued a warning that escalating household debt in the country was posing a risk to the country's...
Thai central bank cuts interest rate

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The Bank of Thailand in its monetary policy committee meting  on May 29 cut the benchmark interest rate by a quarter of a percentage...

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All eyes will be on the Bank of Thailand on May 29 when the monetary policy committee meets to decide on a benchmark interest...
Thailand growth slowing on strong baht

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Thailand's export-oriented economy cooled down in the first quarter of 2013, mostly due to the strong currency, the baht, which is on the highest...
Thailand worried about strong baht

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The Thai government, domestic economists and export associations have expressed deep concern about the continued appreciation of the country's currency, which is now predicted...
ADB puts Thai growth at 4.9% this year

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The Asian Development Bank (ADB) forecast Thailand's 2013 economic growth would be 4.9 per cent, with the private sector remaining the main driver. The...
Thailand: $17b cash for Songkran splash

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The Bank of Thailand said it has prepared a record 500 billion baht ($17 billion) in cash reserves in anticipation of this year's Songkran...
Concern over strong Thai baht grows

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Thailand's currency, the baht, has risen to its highest level against the US dollar since being floated in July 1997, stirring market concerns over...
Two Thai banks under heavy pressure

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Islamic Bank of Thailand and SME Bank, a Thai financial institution specialising on small and medium company financing, are currently feeling the heat of...
Thailand moves 2013 growth to 4.9%

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Thailand’s economy is expected to expand by 4.9 per cent in 2013, according to the Bank of Thailand (BOT), surpassing earlier estimates. The BOT has...