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Thailand: Capital inflow continues despite efforts

Despite the Bank of Thailand’s moves to scale back short-term bond sales and curb the baht’s rapid gains, offshore fund inflows are continuing but money is shifting to long-term bonds, says the central bank chief. Bank of Thailand governor Veerathai Santiprabhob reiterated that the reduction in short-term bond issuance is an initial measure and that […]

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Thailand: World Bank keeps wary outlook

The country’s underlying productivity challenges are expected to cap Thai economic growth at a mere 3.4% in 2019, the World Bank says. The Washington-based lender is maintaining its forecasts for Thai GDP growth of 3.2% this year and 3.3% in 2018, with the rate rising a bit to 3.4% in 2019, according to the World […]

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