The Bank of Thailand’s Puey Ungphakorn Institute for Economic Research (Pier) forecasts the country’s high inflation rate will unravel naturally in the medium to long term because rising inflation is mainly a result of specific factors rather than macroeconomic issues. According to Pier’s research on the country’s rate of inflation, the specific factors represent 85% of […]
Read MoreCambodia exported 389,000 tonnes of milled rice from January to August 2022, netting more than $242.80 million. The update was shared yesterday by the Cambodia Rice Federation, stressing that the total milled rice export increased over 13 percent compared to the same period in 2021. Of the Cambodian milled rice exported, 65.8 percent were all […]
Read MoreMANILA, Philippines — As meat processors push to retain the low tariff rate on imported mechanically deboned meat (MDM) of chicken and turkey, local producers said this should only be temporary and should revert back to 40 percent. Last year, Executive Order (EO) 123 was issued by then president Rodrigo Duterte, which extended the reduced […]
Read MoreAccording to former deputy director of the Banking Strategy Institute Pham Xuan Hoe, while demand for capital is very high, the credit growth limit has been controlled too strictly, which has put a brake on the economic recovery process. You are one of the experts asking to remove the credit limit mechanism. What are your […]
Read MoreRECAP: Global markets remained fixated this week on inflation, interest rates and energy prices. There was added drama in Britain, where the passing of Queen Elizabeth II came just two days after Prime Minister Liz Truss took office and announced a bold plan to cap soaring energy prices for two years. In Thailand, the stock market […]
Read MoreANY potential rate hikes would likely benefit Thai banks, especially the larger ones, said CGS-CIMB in a report on Thursday (Sep 8). Larger banks tend to have a bigger proportion of floating loans consisting mainly of corporates, small and medium enterprises (SMEs) and mortgage loans, while mid-to-small banks have a higher proportion of hire-purchase loans […]
Read More
Thailand
