Showing 41 - 50 of 191
Handout scheme ‘unlikely’ to start in May
Reuters, Published on 17/01/2024
» The government is set to delay the launch of a controversial 500-billion-baht digital wallet handout scheme until after May, in a setback for Prime Minister Srettha Thavisin, who has been touting the policy as essential in boosting a sluggish economy.
Central bank: Rate cuts not a quick fix for sluggish economy
Reuters, Published on 15/01/2024
» Thailand's "uneven" economic recovery cannot be fixed only by adjusting interest rates, the central bank said on Monday, hitting back at the government's calls to ease monetary policy to help revive sluggish activity.
Inflation lowest in 33 months
Reuters, Published on 07/12/2023
» Thailand's headline consumer price index (CPI) came in at -0.44% in November from a year earlier, the second consecutive month and lowest in nearly three years, the Commerce Ministry said on Thursday.
Myanmar central bank to no longer set forex rates
Reuters, Published on 06/12/2023
» Myanmar's central bank will no longer set exchange rates for foreign currencies and will allow banks and licensed dealers to decide their own rates, state media reported on Wednesday, in a rare easing of some of its tight controls.
Thailand records current account surplus of $0.7bn in Oct
Reuters, Published on 30/11/2023
» Thailand's economy continued to recover in October thanks to consumption and private investment, the Bank of Thailand (BoT) said, but exports and the services sector slowed.
Srettha vows to tackle informal debt to revive economy
Reuters, Published on 28/11/2023
» The government will prioritise tackling informal debt to revive the economy, Prime Minister and Finance Minister Srettha Thavisin said on Tuesday.
Srettha says Thai economy in crisis, needs major stimulus
Reuters, Published on 23/11/2023
» Prime Minister and Finance Minister Srettha Thavisin said on Thursday that Thailand's economy was in crisis, stressing the need to forge ahead with his government's controversial 500 billion baht (US$14.23 billion) digital handouts policy.
Apec leaders divided on Ukraine, Gaza wars, back WTO reform
Reuters, Published on 18/11/2023
» SAN FRANCISCO - Pacific Rim leaders showed divisions over the wars in Ukraine and Gaza after a two-day summit of the Asia-Pacific Economic Cooperation (Apec) forum on Friday, although they pledged support for reform of the World Trade Organization (WTO).
Thailand needs more resilience - central bank chief
Reuters, Published on 03/11/2023
» Thailand needs to be more resilient to grow sustainably, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Friday.
China property market shows little signs of revival despite stimulus
Reuters, Published on 20/10/2023
» HONG KONG/BEIJING - China's troubled property market is showing little signs of a recovery in the short term despite a series of government stimulus measures to help revive activity in the sector which makes up a quarter of the nation's economic output.