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Top related persons:
Aris Dacanay - 2 Jorge Silva - 1 Sethaput Suthiwartnarueput - 1 Lavanya Venkateswaran - 1 Aris - 1 Anant Chandak - 1 Susobhan Sarkar - 1 Devayani Sathyan - 1
Top related locs:
ASEAN China Bank of Thailand Bangkok Thailand BENGALURU Petaling Jaya Selangor
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HSBC - 3 Bank of - 1 REUTERS - 1 Bank of Thailand - 1 Aris Dacanay - 1 Thomson - 1 Global - 1 ASEAN - 1

Search resuls for: "Aris Dacanay"


5 mentions found


☆ There's a 'big agenda' to bring Thailand's household debt down, HSBC economist says
  + stars: | 2024-02-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a 'big agenda' to bring Thailand's household debt down, HSBC economist saysAris Dacanay, ASEAN economist at the bank, says "when household debt to GDP hits 80%, it starts to become damaging to the economy."
Persons: Aris Dacanay Organizations: HSBC Locations: ASEAN
☆ Thailand central bank to hold rates in Sept after seven straight hikes, Reuters poll shows
  + stars: | 2023-09-25 | by ( Anant Chandak Susobhan Sarkar | Anant Chandak | Susobhan Sarkar | ) www.reuters.com   time to read: +2 min
Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. Despite inflation in Thailand edging up slightly to 0.88% in August, it remained below the central bank's 1-3% target range for a fourth consecutive month, suggesting little need for the Bank of Thailand (BOT) to continue hiking. A strong majority of economists in a Sept. 18-22 poll, 21 of 27, expected the BOT to keep its benchmark one-day repurchase rate (THCBIR=ECI) at 2.25% on Wednesday. None expected the central bank to raise interest rates at the following meeting in November. Median forecasts showed interest rates remaining at 2.25% through next year.
Persons: Jorge Silva, Sethaput Suthiwartnarueput, Lavanya Venkateswaran, Aris, Anant Chandak, Susobhan Sarkar, Devayani Sathyan, Jonathan Cable, Kim Coghill Organizations: Bank of, REUTERS, Bank of Thailand, Aris Dacanay, HSBC, Thomson Locations: Bank of Thailand, Bangkok, Thailand, BENGALURU, China, ASEAN
☆ Demand for the world's smelliest fruit has soared 400%, fueled by China’s ‘craze’
  + stars: | 2023-09-13 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +1 min
Different varieties of durian fruits on display at a durian stall in Petaling Jaya, Selangor, Malaysia,. Global demand for polarizing fruit soared 400% year-on-year, according to HSBC which said it's largely bolstered by a "craze" for the fruit in China. "Bucking global trends, durian demand is surging by 400% year-on-year led solely by a craze in China," a report released by the bank on Monday said. Over the past two years, China imported $6 billion worth of durians — accounting for 91% of global demand, HSBC's ASEAN Economist Aris Dacanay said in the report. While the boom in China's durian demand started as early as 2017, the uptick in demand only picked up from late 2022, according to data from HSBC.
Persons: it's, Aris Dacanay Organizations: Global, HSBC, ASEAN Locations: Petaling Jaya, Selangor, Malaysia, China
☆ Thai c.bank to raise rates 25 bps, tourism to bolster growth: Reuters poll
  + stars: | 2023-01-23 | by ( Devayani Sathyan | ) www.reuters.com   time to read: +3 min
Unlike its neighbours in Malaysia and Indonesia, The Bank of Thailand (BOT) is expected to keep tightening policy for awhile longer. Twenty-one of 23 economists polled by Reuters expected the BOT to raise its benchmark one-day repurchase rate (THCBIR=ECI) by 25 basis points (bps) to 1.50% on Jan. 25. This gives the BOT room to continue hiking rates, to continue anchoring inflation expectations." The poll median showed the central bank would then raise borrowing costs by another 25 bps, taking it to 2.00% by end-September. "The combination of improving growth prospects and still-elevated inflation gives the central bank room to continue reducing policy accommodation."
☆ Philippine central bank to raise rates by 75 bps- Reuters poll
  + stars: | 2022-11-15 | by ( Shaloo Shrivastava | ) www.reuters.com   time to read: +2 min
The BSP has already raised its key rate by a total of 225 basis points since May. Three-quarters of respondents, 12 of 16, forecast a 50 basis point rise in December to 5.50%. Six of 16 expected a 50 basis point hike, five expected a 25 basis point move while five others did not expect any move after December. The median forecast shows a higher terminal rate of 5.75% by end-Q1, compared with expectations of 5.00% by end-December in a September poll. Four big banks, Goldman Sachs, Nomura, DBS and UOB, estimated a terminal rate as high as 6.00% while HSBC predicted 6.25%.
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