Showing 41 - 50 of 145
Banks to cut rates by 25 bps for 'vulnerable groups'
Reuters, Published on 25/04/2024
» Banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the Thai Bankers Association (TBA) said on Thursday, responding to a government request to help small businesses.
Car production down 23.1% y/y in March
Reuters, Published on 25/04/2024
» Car production in Thailand dropped 23.08% in March from a year earlier to 138,331 units, the Federation of Thai Industries said on Thursday.
Central bank intervenes to steady baht
Reuters, Published on 24/04/2024
» The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.
Keeping rate steady creates policy optionality - central bank
Reuters, Published on 24/04/2024
» Thailand's current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to lower borrowing costs and help jumpstart sluggish growth.
Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
Central bank's independence must not overlook people's suffering: PM
Reuters, Published on 11/04/2024
» Prime Minister Srettha Thavisin said on Thursday that an interest rate cut by the Bank of Thailand (BoT) would have been good for the Thai economy, in response to the bank’s decision to hold interest rates steady.
Bank of Thailand holds key rate at 2.50%
Reuters, Published on 10/04/2024
» Thailand's central bank left its key interest rate unchanged for a third straight meeting on Wednesday, as widely expected, resisting government pressure to lower borrowing costs to help revive Southeast Asia's second-largest economy.
Digital wallet scheme coming in Q4, says Srettha
Reuters, Published on 10/04/2024
» The government's 500 billion baht (US$13.75 billion) digital wallet handout scheme will be rolled out in the fourth quarter of this year, Prime Minister Srettha Thavisin said on Wednesday.
Consumer confidence falls for first time in 8 months
Reuters, Published on 10/04/2024
» Consumer confidence fell for the first time in eight months in March due to slow economic recovery and higher living costs, a survey showed on Wednesday.
Bank of Thailand seen cutting rates twice this year
Reuters, Published on 04/04/2024
» Thailand's Bond Market Association (ThaiBMA) on Thursday said it expects the Bank of Thailand (BoT) to cut rates twice this year starting from June and totalling 50 basis points.