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Search Result for “$8 billion”

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GENERAL

Bank of Thailand holds key rate at 2.50%

Published on 21/08/2024

» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.

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GENERAL

A year of milestones

Business, Post Reporters, Published on 26/12/2023

» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.

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GENERAL

Global slowdown threatens Thai growth

Business, Nareerat Wiriyapong, Published on 06/12/2023

» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.

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Banking on responsible lending

Business, Somruedi Banchongduang, Published on 18/11/2023

» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.