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Search Result for “economy policy”

Showing 21 - 30 of 191

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GENERAL

Headline inflation up 0.19%

Reuters, Published on 03/05/2024

» Thailand's headline consumer price index (CPI) rose 0.19% in April from a year earlier, versus a 0.47% year-on-year drop the previous month, the Commerce Ministry said on Friday.

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GENERAL

Bangkok Bank cuts retail loan rates by 25 bps

Reuters, Published on 26/04/2024

» Bangkok Bank said on Friday it will cut its retail loan rates by 25 basis points for a period of six months, effective on April 29, to help vulnerable borrowers reduce their interest burden.

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GENERAL

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.

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GENERAL

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.

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GENERAL

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.

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GENERAL

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.

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WORLD

Fragile unity pushes Myanmar junta to the brink

Reuters, Published on 18/04/2024

» MYAWADDY - Myawaddy, a critical trading post in Myanmar that rebel forces seized from the ruling junta last week, offers a glimpse of dynamics playing out across the Southeast Asian country as its vaunted military reels from battlefield losses.

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GENERAL

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.

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GENERAL

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.

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GENERAL

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.