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    New minimum wage rates and how they apply

    Business, Published on 03/02/2017

    » The minimum wage in Thailand has been driven -- both theoretically and historically -- by the cost of living, inflation and work efficiency, which often vary from province to province.


    Loan rates remain high

    Jon Fernquest, Published on 03/02/2012

    » Loans to repair flood damage & competition with government banks (specializing in housing, SMEs, farming) keeping interest rates high at commercial banks.


    ECB holds key rates steady

    Published on 16/07/2015

    » FRANKFURT — The European Central Bank held its key interest rates steady, as expected, at its regular policy meeting on Thursday, a spokesman said.


    Heated Policy Debate: Lower interest rates or not?

    Jon Fernquest, Published on 07/02/2013

    » Are high interest rates drawing short-term money into Thailand, making baht strong & export markets less competitive? Will lower interest rates lead to lending boom, asset bubble & financial collapse?

  • NEWS

    Indonesia holds interest rates

    Published on 19/05/2015

    » JAKARTA — Indonesia's central bank held its key interest rate steady on Tuesday for the third consecutive month despite slowing growth in Southeast Asia's biggest economy.


    Asian markets gain, Europe rallies

    Published on 18/12/2014

    » HONG KONG — Asian markets mostly rallied Thursday, with investors reversing a recent sell-off spurred by a Wall Street recovery and indications the Federal Reserve will keep rates on hold until mid-2015.


    Hotel rates drop 5% Jan-June

    Boonsong Kositchotethana, Published on 07/10/2014

    » Tourists paid 5% less for a hotel room in Thailand in the first half of this year, as domestic political turmoil spurred price-slashing and promotions.

  • NEWS

    Personal tax cuts extended

    Online Reporters, Published on 11/11/2014

    » The personal income tax cuts introduced three years ago as part of a stimulus package have been extended for another year on Tuesday.


    Credibility lost over sub

    News, Editorial, Published on 26/04/2017

    » The handling of the purchase of submarines from China was extremely distasteful. By refusing even to tell the country what it was doing, the cabinet has raised several questions and reduced its credibility. The arrogant and unnecessary argument that "the public doesn't have to know everything" about cabinet proceedings is insulting.

  • NEWS

    Rising baht puts BoT on its toes

    Business, Published on 25/04/2017

    » Nervousness that the US Treasury will add Thailand to its list of countries to be monitored for currency market manipulations could compel the Bank of Thailand to hold off from intervening in the foreign exchange market and seek other measures to curb the baht's rapid gain. The central bank's tapering of its short-dated bond sales has had a small impact in stemming the influx of capital, a main reason for the appreciation of the baht.

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