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Search Result for “economy policy”

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GENERAL

Thailand kicks off first phase of digital wallet scheme

Reuters, Published on 25/09/2024

» The government on Wednesday launched the first phase of its flagship US$14 billion stimulus handout scheme, which will eventually see an estimated 45 million people receive 10,000 baht each, saying it would spark economic activity.

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GENERAL

Inflation up in August, below forecast

Reuters, Published on 05/09/2024

» Thailand's annual headline inflation rate slowed in August, as food prices rose and energy prices fell, the Commerce Ministry said on Thursday, and remained below the Bank of Thailand's (BoT) target range of 1% to 3%.

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GENERAL

Inflation target range still effective - central bank

Reuters, Published on 04/09/2024

» Thailand's current inflation target range of 1% to 3% has been effective in anchoring expectations and in handling price shocks, minutes of the Bank of Thailand's (BoT) Aug 21 monetary policy meeting showed on Wednesday.

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GENERAL

BoT governor, finance minister to discuss inflation

Reuters, Published on 30/08/2024

» Thailand's central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior official said, as the government seeks a new goal with an eye on a rate cut that it has pushed for months.

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GENERAL

Inflation up in July, above forecast

Reuters, Published on 07/08/2024

» Thailand's headline consumer price index (CPI) rose 0.83% in July from a year earlier, after the previous month's annual increase of 0.62%, the Commerce Ministry said on Wednesday.

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GENERAL

Exports fall for first time in 3 months, weaker than expected

Reuters, Published on 26/07/2024

» Thai exports fell for the first time in three months in June due to slowing agriculture and food sales, the Commerce Ministry said on Friday, adding that it still expected exports to grow overall in 2024.

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GENERAL

Central bank chief says stronger growth needed

Reuters, Published on 09/07/2024

» SYDNEY: Thailand's economic recovery is uneven and stronger growth is needed, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput told a seminar on Tuesday.

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GENERAL

June inflation of 0.62% is below forecast

Reuters, Published on 05/07/2024

» Inflation as measured by the headline consumer price index (CPI) rose 0.62% in June from a year earlier, after the previous month's annual increase of 1.54%, the Commerce Ministry said on Friday.

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GENERAL

World Bank cuts Thai outlook to 2.4% on weaker exports

Reuters, Published on 03/07/2024

» Thailand's economy is expected to grow 2.4% this year, down from the 2.8% expansion projected in April, largely due to weaker-than-expected exports and public investment early in the year, the World Bank said on Wednesday.

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GENERAL

Central bank's lower end of inflation target is 'too low'

Reuters, Published on 27/06/2024

» The lower end of the Bank of Thailand's (BoT) 1% to 3% target range for inflation is too low, a deputy finance minister said on Thursday, adding a new target could help lift both inflation and economic growth.