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Banking
Political mayhem could pull down GDP growth close to nil
Thailand’s gross domestic product (GDP) will possibly contract this year if the formation of a new government is delayed, according...
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Political crisis hilights potential risk to undermine Thai financial system
Fitch Ratings says the deposit pull-out from Government Savings Bank (GSB) highlights the potential risk that politics could play in...
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Thai Central bank predicts lower growth in first Q2
Thailand’s economic policy will be disrupted, with direct and indirect impact on the economy and state investments, if the political...
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Household Debt reaches new height
Household borrowing rose to 78% of gross domestic product in 2012, Bank of Thailand Governor Prasarn Trairatvorakul told reporters Monday...
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Thailand’s banks solid, but Rising Household Debt a Concern
Lenders in Thailand are expected to adopt a cautious position in the coming months, keeping a close watch on household...
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Political instability pressurises Thailand’s sovereign credit profile
Widespread disturbances, especially in and around Bangkok, have become an ongoing feature of the political landscape since 2006 without gravely...
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Bank of Thailand lowers GDP forecast to 3.7%
An earlier forecast of Thailand’s gross domestic product GDP growth at 4.2 per cent this year was lowered for the...
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Thailand’s central bank keeps rate unchanged at 2.5%
Thailand’s Money Policy Committee (MPC) voted unanimously today to maintain the policy interest rate at 2.5 per cent, a senior...
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Wrong timing for wealth fund creation (World Bank)
The creation of a national wealth fund for Thailand would be premature given the volatility in the global money market,...
Read moreThailand’s central bank idle despite weakened baht
The Bank of Thailand (BoT) today ruled out issuing measures to cope with the sliding baht and foreign capital outflows.
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