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Новости за 09.05.2024

BangkokPost.com 

Govt, BoT spat may not be economic

The row between the government and the Bank of Thailand (BoT) over its "high" interest rate is all over the news. Many have started questioning the appropriateness of the central bank's independence.

BangkokPost.com 

What TikTok got wrong about America

TikTok is now one of the biggest stories in business and geopolitics. US President Joe Biden has just signed a law that will ban the massively popular app in nine months if its Chinese owner, ByteDance, does not sell it to a non-Chinese entity.

BangkokPost.com 

Loading the chamber

By Saturday the term of the junta-appointed Upper House will come to an end, and the process of starting a new chamber will begin.

BangkokPost.com 

Exports falter, leading to growth cut

Thailand's economic outlook for this year appears less optimistic as GDP growth could tally 2.2%, down from the previous projection of 2.8-3.3%, attributed to sluggish exports weighing on the manufacturing sector, according to the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

BangkokPost.com 

UOB slashes GDP growth to 2.4%

Singapore-based United Overseas Bank (UOB) is preparing to downgrade Thailand's GDP growth forecast this year to 2.4% from 2.8%, though it expects the Bank of Thailand to trim interest rates twice to 2% by year-end to prop up the economy.

Oilprice.com 

Can Renewable ETFs Continue To Outperform Oil & Gas?

Exchange traded funds (ETFs) that invest in stocks related to the energy transition have outperformed the major funds tied to oil and gas firms over the past month as the decline in oil prices since mid-April dragged down shares of fossil fuel companies.   The rebound in clean energy ETFs has just begun. But it could stop in its tracks if investor sentiment sours again amid persistently high interest rates and the U.S. political debate and divisions over ESG investments. The rising interest rates... Читать дальше...