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The Latest Breaking News from EIC

Interest rates static as inflation deemed brief

While elevated oil prices have caused inflation to rise, economists expect the Bank of Thailand to maintain its policy interest rate for the rest of 2026, assuming the higher costs will be temporary.

Bangkok Post

Electronics drive export upgrade

Economists recently upgraded Thailand's export growth outlook for 2026, projecting shipments of electronic components will continue to expand amid improving global trade, while elevated oil prices will drive imports to grow at a faster rate.

Bangkok Post

East India Company is wound up for a second time in London

TOI Correspondent from London: The first time the East India Company (EIC) was formally dissolved was in 1874, as result of the 1857 First War of Independence when Indian soldiers from the company revolted. It was effectively abolished in 1858 when its control of India was transferred to the British…

The Times of India

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European Commission proposes suspending Israel from part of Horizon research programme

Horizon Europe is among the most prestigious science research programmes in the world

The Guardian - UK

Keir Starmer to replace post-ministerial jobs watchdog with tougher regime

PM will bring in financial penalties for those who break rules and set up new independent ethics and integrity commission

The Guardian - UK

Announcing the Texas Observer’s Editor-in-Chief

A strong and clear editorial vision, committed to the values we’ve upheld at the Texas Observer for 70 years, is critical to not only the future of our organization, but the future of Texas and all who live here.

Texas Observer

Books that shook the business world: The Anarchy by William Dalrymple

We live in a world dominated by colossal corporations. The likes of Microsoft and Apple are bigger than most economies. Not long ago, however, a British company dwarfed these giants, yet few people know its history or the valuable lessons it can teach us today.

The Conversation

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Shruti Shekar's Top 10 of 2023

From becoming EIC, to reading 42 books, 2023 was a journey and here's Shruti Shekar's top 10 of the year.

Android Central

Always modified my Twitter use in accordance with eLife board’s feedback, says sacked editor Michael Eisen

Michael Eisen fired as eLife Editor-in-Chief for quote tweeting The Onion's satirical article criticizing Palestinians. Eisen clarified himself, but eLife cited his approach to leadership, communication & social media as reason for firing. Eisen disagreed & cited eLife's reaction to social media as danger.

The Hindu

EIC downgrades growth forecast for 2023

The Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank, has slashed its 2023 GDP growth projection for Thailand due to the global economic slowdown and the increased likelihood of a recession in developed economies.

Bangkok Post

Fallout from an 'economic war'

Thailand's customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991.

Bangkok Post

BoT maintains reserves remain solid

The stronger dollar has weakened the Bank of Thailand's international reserves, but the central bank says the country's external position and financial stability remain strong.

Bangkok Post

EIC increases inflation projection to 6.1%

The Economic Intelligence Center (EIC), a research house under Siam Commercial Bank, has upgraded its inflation rate projection for this year to higher than 6% before falling to the near the Bank of Thailand's target range next year.

Bangkok Post

Unmasking changes to Covid restrictions

As Thailand plans to downgrade Covid-19 to endemic status in July, several rules from the pandemic era such as wearing a mask in public and mandatory purchase of Covid health insurance to enter the nation for foreign visitors are set to change.

Bangkok Post

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Bangkok Post

Analysts sound alarm on baht depreciation

Economists are warning the baht will weaken further throughout this month because of higher volatility in money and capital markets worldwide after the US Federal Reserve's hawkish benchmark interest rate hike.

Bangkok Post

Tourism key to recovery

Tourism will be the key engine supporting Thailand's economic recovery, replacing the slowing export sector, says the Economic Intelligence Center (EIC), a research house under Siam Commercial Bank.

Bangkok Post

Trends key to aiding delivery firms

Cross-border transport, the shipment of bulky goods, integrated logistics services and cold chain delivery are regarded as blue ocean fields for parcel delivery operators to tap into amid immense competition in the segment, says the Economic Intelligence Center (EIC) of Siam Commercial Bank (SCB).

Bangkok Post

SCB sees stagflation for Thai economy

Thailand's economy has gone into stagflation because of a fragile recovery and surging price hikes, says an economist at the Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank (SCB).

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