The Latest Breaking News from Poon Panichpibool

All eyes on next Fed meeting

Markets are shifting attention to the September meeting of the Federal Reserve after the US central bank left its interest rates unchanged on Wednesday, with analysts predicting another cut is possible this year.

Bangkok Post · Jul 30

Asian currencies, stocks fall on SVB contagion fears

SINGAPORE: Most Asian currencies and equities lost ground on Tuesday as the United States banking sector crisis unnerved investors, although the Malaysian ringgit bucked the trend to climb higher.

Bangkok Post · Mar 14, 2023

Baht surges amid US bank collapse

The baht on Monday surged against a significant fall in the US dollar mainly due to the sudden collapse of Silicon Valley Bank (SVB) and the market's expectation that the US Federal Reserve (Fed) would slow down its policy rate hikes.

Bangkok Post · Mar 13, 2023

Manufacturing expands for 5th month in a row

Thai manufacturing grew for the fifth consecutive month in May despite a fall in demand, with safety stock building one of the key factors driving the expansion.

Bangkok Post · Jun 2, 2022

Explainer: Should we be concerned about the baht?

Thailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country's recovery.

Bangkok Post · May 10, 2022

Economic outlook turns dour as committee meets

All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on…

Bangkok Post · Mar 29, 2022