World economy

Kasikorn Bank Predicts Baht Movement Next Week: Factors to Watch for include Gold Prices and IMF Report, US Economic Figures, and Inflation Data

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Kasikorn Bank Predicts Baht Movement Next Week: Factors to Watch for include Gold Prices and IMF Report, US Economic Figures, and Inflation Data

Kasikorn Bank (KBANK) views the movement of the baht next week (17-19 April) at the level of 36.20-36.80 baht/dollar, while the Kasikorn Research Center Evaluate important factors that need to be followed, including the direction of foreign capital. Gold price situation in the world market and the World Economic Outlook Report of the International Monetary … Read more

Thailand’s Call for Long-Distance Tourists to Escape the Cold and Boost Economy with Free Visa Measures

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Thailand’s Call for Long-Distance Tourists to Escape the Cold and Boost Economy with Free Visa Measures

Business operators hope that in the last 2 months, more long-distance tourists will escape the cold to travel to Thailand. After finding that free visa measures encourage tourists to stay longer and spend more Suggests extending measures to India and Taiwan for MICE operators around the world. Make Thailand number one in your heart Overtaking … Read more

Governor Matolcsy Speaks at Beijing Belt and Road Forum, Highlights Hungary’s Eastern Opening Policy

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Governor Matolcsy Speaks at Beijing Belt and Road Forum, Highlights Hungary’s Eastern Opening Policy

On Wednesday, György Matolcsy spoke at the thematic event of the Beijing Belt and Road Forum, which is part of a series of programs organized in Beijing on the occasion of the 10th anniversary of the Belt and Road Initiative (BRI) announced by Chinese President Xi Jinping. By the way, at the end of September, … Read more

The International Monetary Fund (IMF) Warns of Alarming Drop in Loans to Small and Medium-Sized Businesses Worldwide

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The International Monetary Fund (IMF) Warns of Alarming Drop in Loans to Small and Medium-Sized Businesses Worldwide

Worldwide, there is “a worrying drop” in loans granted by commercial banks to small and medium-sized businesses, warned the International Monetary Fund (IMF). It reported that last year, in three out of four countries that since 2019 have systematically reported data on SMEs’ access to credit, a decrease was recorded, which may be due to … Read more

Experts Predict Limited Success for New COVID-19 Vaccine as Eris Virus Hospitalizations Surge

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Experts Predict Limited Success for New COVID-19 Vaccine as Eris Virus Hospitalizations Surge

Reuters reports that Vaccine against COVID-19 The new one is scheduled to debut next month. But health experts and analysts say Such a vaccine will not be well received. The number of hospitalizations from the subspecies of the Eris virus (Eris) or EG.5 is on the rise across the United States. Micron #Virus #Vaccine #Hospital … Read more

JP Morgan Raises India’s 2024 Economic Forecast but Warns of Global Slowdown Impact

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JP Morgan Raises India’s 2024 Economic Forecast but Warns of Global Slowdown Impact

JP Morgan raises 2024 economic forecast for India But it’s only a slight increase. with a warning that India’s economic growth will be affected by the slowdown in global economic growth. JPMorgan raised its forecast for India’s economic growth for 2024 to 5.5 percent from its previous forecast of 5 percent. After India released the … Read more

US Congress and President Biden Reach Debt Ceiling Agreement in Principle

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US Congress and President Biden Reach Debt Ceiling Agreement in Principle

The week promises to be busy for the US Congress. After several days of negotiations, US President Joe Biden and Speaker of the House of Representatives Kevin McCarthy announced on Saturday May 27 that they had reached an “agreement in principle” to avoid default on payment by the United States. 99 pages long, the text … Read more

Baht Depreciates As Global Economic Concerns Rise: Market Outlook for May 15th, 2023

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A money manager from Bank of Ayudhya revealed that the baht closed this evening at 33.96 baht / dollar, depreciating from the morning market opening at 33.88 baht / dollar. This evening, the baht depreciated from the morning. The baht depreciated against the dollar. in line with other currencies in the region due to concerns … Read more

South Korea’s Finance Minister Says Country is at a Turning Point in Economic Relations with Japan

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South Korea’s Finance Minister Says Country is at a Turning Point in Economic Relations with Japan

South Korea’s finance minister, Choo Kyung-ho, believes that the economic relations between Japan and South Korea are at a crucial turning point. Speaking at the Asian Development Bank’s annual meeting in Incheon, Choo praised Tokyo’s recent decision to restore South Korea to a list of preferred trade partners. Choo believes that unnecessary regulations between the … Read more

Cabinet Acknowledges the 4th Capital Market Development Plan to Emphasize Digital Economy

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Mr. Arkhom Termpittayapaisith, Minister of Finance, revealed that the Cabinet (Cabinet) acknowledged the 4th Capital Market Development Plan (2022-2027) as proposed by the Ministry of Finance. The 4th Capital Market Development Plan is a continuation of developments from the 3rd Capital Market Development Plan, taking into account the challenging factors. and major changing directions of … Read more