The Thai Bond Market Association (ThaiBMA) expects the value of corporate bonds to remain elevated this year as corporates look to lock in financial costs as interest rates rise.
The Bank of Thailand expects the economy to continue to align with potential growth projections for the next two years, then strengthen in the longer term.
The Stock Exchange of Thailand (SET) joined an Asian rally yesterday, a day after Thailand lifted its key interest rate, as investors took heart from the Federal Reserve chairman's remarks on US rate hikes and signs China is easing its Covid-19 measures.