Showing 1 - 10 of 468
Japan has spent $62bn defending yen
Published on 31/05/2024
» Japan spent a record ¥9.8 trillion ($62.2 billion) in the past month to prop up the yen after it fell to a 34-year low against the US dollar, surpassing the amount it used in 2022 to defend the currency.
Current account deficit of $40m reported
Reuters, Published on 31/05/2024
» Thailand's economic growth quickened in April helped by strength in domestic demand, exports and tourism, the central bank said on Friday.
Credit bureau chief clarifies changes to blacklist rules
Business, Somruedi Banchongduang, Published on 31/05/2024
» The National Credit Bureau (NCB) says it has the authority to reduce the time bad debtors remain on its credit blacklist, currently eight years, with the decision resting with the Committee for the Protection of Credit Information.
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.
Diving into the mule account crackdown
Business, Komsan Tortermvasana, Published on 30/05/2024
» Authorities began checking the names of mobile banking account holders and mobile subscribers on Monday to see if they match, part of a joint effort led by the Digital Economy and Society (DES) Ministry.
New finance minister a calming influence
Published on 29/05/2024
» SINGAPORE - Thailand’s new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support the country’s battered markets.
Large banks pushed on transition loans
Business, Somruedi Banchongduang, Published on 29/05/2024
» The Bank of Thailand has encouraged large commercial banks to offer transition finance to assist local businesses in moving from carbon-intensive industries to more sustainable practices.
Ministry readies debt restructuring measures
Business, Wichit Chantanusornsiri, Published on 29/05/2024
» The Finance Ministry looks set to implement debt restructuring measures for individuals to help increase their disposable income.
Cabinet approves plan for 2024 budget boost to fund B500bn handout
Published on 28/05/2024
» The cabinet on Tuesday approved a plan to boost the 2024 fiscal budget by 122 billion baht to help finance its delayed household stimulus scheme, Deputy Finance Minister Paopoom Rojanasakul said.
Economic chiefs weigh steps to lift growth, credit access
Published on 27/05/2024
» Thailand’s economic chiefs underscored the need for urgent stimulus measures and improved access to credit for small business to accelerate growth rate in the short-term amid the highest interest rate in a decade and near-zero inflation.