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Search Result for “policy interest rate”

Showing 1 - 10 of 91

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GENERAL

Japanese firms to invest more as outlook brightens

Supoj Wancharoen, Published on 19/06/2024

» Japanese investors are expected to increase their activity in Thailand, following a forecast by the Japan External Trade Organization (Jetro) of a rebound in tourism and business in the second half of this year, according to Transport Minister Suriya Jungrungreangkit.

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OPINION

Retirees seek clarity

Oped, Postbag, Published on 19/06/2024

» Re: "New overseas income rules", (Business, June 5).

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GENERAL

Bank of Thailand governor warns against tweaking inflation target

Published on 18/06/2024

» Bank of Thailand Governor Sethaput Suthiwartnarueput on Tuesday warned that any move to raise the monetary authority’s inflation target may unanchor expectations and result in quickening price gains, which carries risks for economic growth.

OPINION

Poorest countries can't be ignored

Published on 18/06/2024

» They are home to a quarter of humanity -- 1.9 billion people. They possess prized natural resources, including one-fifth of the world's copper and gold reserves, as well as many of the rare metals essential for the transition to clean energy. Their working-age populations are set to expand for the next five decades amid demographic decline nearly everywhere else. Yet a historic reversal is underway among the world's 75 countries eligible for grants and low-interest loans from the World Bank's International Development Association (IDA).

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GENERAL

Baht declines in thin holiday trading across Asian markets

Published on 17/06/2024

» Emerging Asian currencies slipped in holiday-thinned trade on Monday, with the Thai baht leading the declines, as the dollar stayed firm and China data pointed to an uneven recovery in the world's second-largest economy.

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GENERAL

Asian equities mixed despite gains in Japan

Business, Published on 15/06/2024

» RECAP: Asian equities were mixed on Friday, with Japanese shares surging following the Bank of Japan's decision to delay a reduction in bond buying. However, Chinese and Australian market weakness dragged down the overall MSCI Asia Pacific Index.

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GENERAL

Analysts predict Thai rates likely to stay put

Business, Nareerat Wiriyapong, Published on 14/06/2024

» Analysts are ruling out the possibility the Bank of Thailand will cut interest rates this year after the US Federal Reserve sent clear signals it would trim the US rate only once in 2024, followed by four more cuts next year.

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GENERAL

PM: New inflation target should increase rate-cut odds

Published on 13/06/2024

» An upcoming review of the country’s inflation target range by the Bank of Thailand and the Ministry of Finance should increase the chance of an interest-rate cut, Prime Minister Srettha Thavisin said on Thursday.

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THAILAND

Srettha won't parachute adviser into BoT

News, Mongkol Bangprapa, Published on 13/06/2024

» Prime Minister Srettha Thavisin has insisted his chief adviser and former finance minister Kittiratt Na-Ranong is not eligible to vie for the top seat on the board of the Bank of Thailand (BoT) to replace the incumbent whose term expires in September 2025.

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GENERAL

MPC votes 6-1 to keep policy rate

Business, Somruedi Banchongduang, Published on 13/06/2024

» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.