Newsletter

Korean Government’s Debt-to-GDP Ratio Expected to Reach 60% in Five Years, IMF Predicts

◀ Anchor ▶ The Korean government’s debt-to-GDP ratio is predicted to approach 60% in five years. The International Monetary Fund analyzed that the Korean government’s debt ratio has been continuously increasing since it soared during the COVID-19 pandemic. This is reporter Hyunji Kim. ◀ Report ▶ According to the International Monetary Fund (IMF), Korea’s government […]

KBANK Predicts Baht Movement and Key Factors to Watch Next Week

Kasikorn Bank (KBANK) sees 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 Evaluates 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 […]

The Surprising List of the World’s Richest Countries in 2024: Taiwan Ranks 15th

On the list of the richest countries in the world, Taiwan ranks 15th, closely following Denmark and the Netherlands, and overtaking Japan, South Korea, Australia and Germany. (Photo source/Xin Media Editorial Department) Global Finance magazine, headquartered in Washington, DC, recently released a ranking of the “world’s richest countries in early 2024”, showing that many of […]

WTI Oil Price Rebounds Following IMF’s Global Economic Outlook Upgrade

WTI oil price rebounds to break above the $77 level today. Response to the International Monetary Fund (IMF) increasing its global economic outlook for this year. This will be a factor supporting the demand for oil in the market. At 10:41 pm Thai time, West Texas crude oil price (WTI) for delivery in March. it […]

WTI Oil Price Surpasses $77 as IMF Increases Global Economic Forecast

The price of WTI oil continues to rise. Recently, it exceeded the level of 77 dollars in response to the International Monetary Fund (IMF) increasing its global economic forecast for this year. This will be a factor supporting the demand for oil in the market. At 11:12 pm Thai time, West Texas Intermediate (WTI) crude […]

Foreign Exchange Reserves See Consecutive Growth in July: Bank of Korea Report

Foreign Exchange Reserves Increase Second Month in a Row According to a report released by the Bank of Korea on August 3rd, foreign exchange reserves saw an increase for the second consecutive month in July. The total reserves at the end of July amounted to $421.8 billion, marking a $350 million rise from June. This […]

Sri Lanka to announce debt restructuring strategy in April = central bank governor | Reuters

Sri Lanka’s central bank governor Weerasingha (pictured) said on Wednesday that the bank will announce its debt restructuring strategy in April. Facilitate negotiations with commercial creditors prior to the completion of a review by the International Monetary Fund (IMF). FILE PHOTO: Colombo, August 2022. REUTERS/Dinuka Liyanawatte COLOMBO (Reuters) – Sri Lanka’s central bank governor Weerasingha […]

Private virtual currency, ban is also an option if regulation is delayed = IMF Managing Director | Reuters

Managing Director of the International Monetary Fund (IMF) Georgieva (pictured) said on Wednesday that the option of banning private cryptocurrencies should not be ruled out. (Reuters/Government of India, 2023) BENGARURU (Reuters) – International Monetary Fund (IMF) managing director Georgieva said on Monday that the option of banning private cryptocurrencies should not be ruled out. “We […]