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Search Result for “bank”

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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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INVESTMENT

March investor confidence stays virtually unchanged

Business, Nuntawun Polkuamdee, Published on 11/04/2024

» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone in March as the market expects more economic stimulus, while fund outflows continued and delays to the US Federal Reserve's interest rate cuts undermined sentiment.

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GENERAL

Online scam crackdown focuses on P2P crypto channel

Business, Komsan Tortermvasana, Published on 11/04/2024

» State authorities working to suppress online scams have joined forces, pushing for the development of rules to supervise the purchase and sale of cryptocurrencies on a peer-to-peer (P2P) basis.

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PROPERTY

Sena unveils rent-to-own condo scheme

Business, Kanana Katharangsiporn, Published on 11/04/2024

» SET-listed developer Sena Development is launching a rent-to-own programme for ready-to-move-in condos, aiming to close sales of 1,000 units worth 1.4 billion baht by the end of the year.

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GENERAL

Economists predict reduction by mid-year

Business, Nareerat Wiriyapong, Published on 11/04/2024

» The Bank of Thailand is expected to start cutting the policy rate before mid-year as inflationary pressure has eased following six consecutive months of prices contracting, while the economy is underperforming, according to economists.

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TECH

Surveying efforts to halt cybercrime

Business, Komsan Tortermvasana, Published on 11/04/2024

» Despite attempts by state authorities to suppress cybercrime, the number of cases and damage have yet to decline as fraudsters continue to devise increasingly sophisticated ways to deceive people.

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GENERAL

Bank of Thailand maintains policy rate at 2.5%

Business, Published on 11/04/2024

» The Bank of Thailand has resisted government pleas for a reduction of the policy rate, deciding on Wednesday to keep the rate unchanged at 2.5% for a third straight meeting, noting the Thai economy is sustaining its growth trajectory and surpassing the level of 2023.

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THAILAND

Digital wallet handout date set

News, Mongkol Bangprapa, Published on 11/04/2024

» The government's 500-billion-baht digital wallet handout scheme will roll out in force in the fourth quarter to boost economic growth, Prime Minister Srettha Thavisin said on Wednesday.

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OPINION

Implications of an ageing population

Oped, Daniel Moss, Published on 11/04/2024

» Thailand is racing to both revive -- and renovate -- the economy, bringing with it profound social changes. Infamous for its role in Asia's financial meltdown a generation ago, the country is today running headlong into a hurdle confronting the region: a dwindling and greying population.

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OPINION

Southeast Asian banks must stop funding coal

Oped, Published on 11/04/2024

» Indonesia is by far a major top producer of dangerous climate emissions -- more than any country in the Southeast Asian region, mainly due to its burning of coal. The country is also feeling the full force of worsening climate disasters, from floods and storms to deadly landslides. My hometown, Jakarta, is sinking -- and this is compounded by regular catastrophic flooding and air pollution that disrupts millions of lives. Indonesia faces huge risks as it currently sits as the second most disaster-prone country in the world, according to the World Risk Report 2023.